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Property profile & analytics
FOR LEASE
Office buildings

6 W Mill St 3 Medfield, MA 02052

3,728 SF 0.34 ac lot Built 1983
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US38-1225026
6 W Mill St,Unit 3, Medfield, MA 02052 For Lease
$30 SF/Yr
6 W Mill St,Unit 3, Medfield, MA 02052
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Property summary
AI-generated overview

This exceptional 750-square-foot office suite, located at 6 West Mill Street, suite 3, presents a fantastic opportunity for a single tenant. Situated on the second floor of a two-story building, this traditional office space boasts three private offices, perfect for individual work or small teams. A dedicated breakroom provides a comfortable space for employees to relax, while a private bathroom adds a touch of convenience and privacy. The open central area offers flexibility for various uses, such as a reception area, collaborative workspace, or additional office space. The monthly rent is $1,900, plus electricity. The building is conveniently located just off Route 27, offering easy access to major transportation routes and enhancing its appeal for businesses seeking a strategic location. This single-tenant occupancy ensures privacy and control over the entire space. The property is ideal for a variety of businesses seeking a well-appointed and conveniently located office space. The suite's layout is efficient and functional, maximizing space utilization. This is a rare opportunity to secure a well-maintained and conveniently located office suite in a desirable area. Don't miss out on this chance to establish your business in this prime location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction FRAME
Total area 3,728 SF
Lot 0.34 ac (14,623 SF)
Zoning code BI
APN MEDF M:0048 B:0000 L:0056
UPID US38-1225026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wealth Advisory Group Financial Advisor
  • Medfield Eye Associates Physician
  • Ryan Timothy J DPM Physician
  • D'Ortenzio Oil Co Inc Big Box & Wholesale Store
  • Mesa Systems Co Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.21M
Owner & transaction history
West Mill LLC · 12 yrs held
West Mill LLC
since 2013
7 recorded transactions
2013
$490,000
1998
$240,000
1997
Price N/A
1995
Price N/A
1993
Price N/A
1993
$308,834
1990
Price N/A
Zoning & alternative use
BI · Medfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +9.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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