Financial
Distress signals
Property profile

586 Watertown St Watertown, MA 02472

FOR SALE
Other commercial real estate
Property ID
US38-1913514
3,529 SF Built 1965
Last sale Oct 2018 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex-style commercial unit constructed in 2017, configured with two separate levels totaling approximately 1,600 square feet: an 800-square-foot office area and an 800-square-foot garage/storage area below. The unit includes one full bathroom and one half bathroom, supporting on-site daily operational needs. It is located at 586 Pleasant #1 in Watertown, Massachusetts, with two deeded parking spaces and a designated dumpster area to support vehicle access and on-site waste

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$700k
Assessed improvement$700k
Effective rate2.31%

Value estimate

· Sep 2026
$590k
$531k – $649k
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 2.50% cap applied$38k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$352/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$260 – $455
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.50%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PSCD
JurisdictionWATERTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency74.6
Restaurant62.1
Building Supply50.1

Location

586 Watertown St Watertown, MA 02472
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
75 Spg, Watertown, MA 02472-3461 $512,000 Oct 2024 2,623 SF
48 Beacon, Watertown, MA 02472-2613 $3,000,000 Sep 2024 3,958 SF
61 Bigelow, Watertown, MA 02472-2009 $1,500,000 Jul 2024 3,294 SF
620 Mt Auburn, Watertown, MA 02472-4104 $965,000 Aug 2022 1,894 SF
128 Arlington, Watertown, MA 02472-2808 $335,000 Sep 2020 6,788 SF
51 Howard, Watertown, MA 02472-2409 $2,020,500 Jan 2020 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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