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Property profile & analytics
OFF-MARKET Estimated value $7,450,000
Retail properties & Spaces

687 Waverley St Framingham, MA 01702

73,445 SF 6.16 ac lot Built 1930
Entity Owned 29-yr Hold ~ Est. High Equity
Property ID
US38-0468606
Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 73,445 SF
Lot 6.16 ac (268,460 SF)
Zoning code M
APN FRAM M:134 B:54 L:7972 U:000
UPID US38-0468606
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.24M
Blend (final) Blend
$7.45M
Owner & transaction history
Gdc Property Mgmt LLC · 29 yrs held
Gdc Property Mgmt LLC
since 1996
1 recorded transaction
1996
$350,000
Zoning & alternative use
M · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

General Manufacturing: M. The purpose of the Manufacturing District is to provide areas within Framingham where research and development, large-scale corporations, and industrial uses may locate. It is the intent of these districts to promote viable and attractive industrial areas, with a campus-style development, promoting walkability, enhancing employment…

Zone name General Manufacturing
General category INDUSTRIAL
Zone area 981.81 ac
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