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    Property profile & analytics

    56 Kearney Rd Needham, MA 02494-2507

    • Office buildings
    • 9,970 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $600,000
    Last Sale
    Nov 03, 2023
    Location Intelligence
    Property ID
    US38-1870678
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • shanks engineering & construction / Contractor
    • Burton Robert M DMD / Dentist
    • Meyer & Associates / Life Insurance Agency
    • First Equity Associates Inc / Business Management Consultant
    • Point and Balance Acupuncture & Massage / Acupuncturist

    Property Details for 56 Kearney Rd

    Year built
    1979
    Lot size
    0.36 lot acres
    Property size
    9,970 SF
    Zone code
    IND1
    Property type
    Office buildings
    APN
    NEED M:079.0 B:0024 L:0000.0
    APU
    NEEDM0790B0024L00000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2292
    Latitude
    42.3056
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,147
    $758,900
    $142,500
    $901,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      1.02 Acres

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      OFFICE BUILDING • 8,080 SF
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      100 Cres Rd

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      100 Cres Rd, Needham, MA 02494-1443
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      6,684 SF

      16 Franklin St

      OFFICE BUILDING • 6,684 SF
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      225 Highland Ave

      OFFICE BUILDING • 7,740 SF
      225 Highland Ave, Needham, MA 02494-3045
      View Details
    • Value Estimation
      $8,925,000
      69,144 SF

      175 Highland Ave

      OFFICE BUILDING • 69,144 SF
      175 Highland Ave, Needham, MA 02494-3034
      View Details

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    Similar Nearby for Lease

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    56 Kearney Rd
    Needham, MA 02494-2507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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