Property profile

650 Pleasant St Watertown, MA 02472

OFF-MARKET
Life science properties
Property ID
US38-0550597
68,504 SF 3.25 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1950
Construction STEEL FRAME
Total area 68,504 SF
Lot 3.25 ac (141,483 SF)
Zoning code PSCD
APN WATE M:0810 B:0004 L:0001A
UPID US38-0550597

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
  • Medical Supply Store
  • Corporate Office
  • Factory Production Facility
  • Corporate Office
  • Printing Service (Bike/Boat/Book/etc) Store

Location

650 Pleasant St Watertown, MA 02472-2420
Watertown metro Census 370104 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.44M
Blend (final) Blend
$20.55M

Owner & transaction history

since 2021
Last sale
$21.6M
7 recorded transactions
2021
$21.6M
2020
$12.0M
2019
Price N/A
2016
Price N/A
2010
Price N/A
2006
$4.8M
1992
$4.2M

Zoning & alternative use

PSCD · Watertown, MA
Top alternative use upside
Commercial (general) $24.1M +116.0%
Restaurant $19.9M +78.1%
Auto repair, garage $19.3M +72.7%

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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