Technical
Financial
Distress signals
Property profile

588 Hillside Ave Needham, MA 02494

OFF-MARKET
Showrooms
Property ID
US38-0993852
6,808 SF 0.38 ac lot Built 1976
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1976
Total area 6,808 SF
Lot 0.38 ac (16,509 SF)
Zoning code I
APN NEED M:101.0 B:0003 L:0000.0
UPID US38-0993852

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

588 Hillside Ave Needham, MA 02494
Needham metro Census 457200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$420k
Blend (final) Blend
$530k

Owner & transaction history

since 2022
Last sale
$485,000
2 recorded transactions
2022
Price N/A
1996
$485,000

Zoning & alternative use

I · Needham, MA
Zoning description

The purpose of this district I is to promote Institutional uses.

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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