Property profile

615 Old Connecticut Path Framingham, MA 01701

OFF-MARKET
Auto shops
Property ID
US38-0823059
7,186 SF 0.77 ac lot Built 1950
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction STEEL FRAME
Total area 7,186 SF
Lot 0.77 ac (33,411 SF)
Zoning code P
APN FRAM M:072 B:59 L:8888 U:000
UPID US38-0823059

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

615 Old Connecticut Path Framingham, MA 01701-4549
Framingham metro Census 383700 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$733k
Blend (final) Blend
$555k

Owner & transaction history

since 2007
6 recorded transactions
2021
Price N/A
2017
Price N/A
2007
$1.4M
2007
Price N/A
2000
$500,000
1988
Price N/A

Zoning & alternative use

P · Framingham, MA
Zoning description

Office and Professional District: P. The purpose of the Office and Professional District is to serve as a transition zone between commercial, manufacturing, and residential zoning districts. The intent of this district i…

General category INDUSTRIAL

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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