Property profile

692 High St Westwood, MA 02090

OFF-MARKET
Office buildings
Property ID
US38-1876597
3,828 SF 0.24 ac lot Built 1965
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a two-story, 3,828 square foot Class B office building situated on a desirable 0.24-acre corner lot in Westwood, MA (02090). The property boasts a prime location at 692 High Street, offering excellent visibility and convenient access to I-95/Rt-128. Currently 100% occupied by a national tenant (Coldwell Banker) under a Net Lease agreement expiring August 31, 2025, this single-tenant property provides a stable income stream with a remaining lease term of approximately 0.8 years. The building features 10 parking spaces and a large basement, adding to its functionality and appeal. With a strong Net Operating Income (NOI) of $162,000 and an attractive cap rate of 6.76%, this property offers a compelling return on investment. The asking price is $2,395,000, translating to a price per square foot of $625.65. Surrounded by high-end residential properties and other established businesses, this location offers significant potential for long-term growth and appreciation. The property's size and location make it an ideal investment for both passive income generation and future development possibilities. This is a rare opportunity to acquire a well-located, income-producing asset in a thriving Massachusetts community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,828 SF
Lot 0.24 ac (10,251 SF)
APN WWOO M:014 B:000 L:127
UPID US38-1876597

Cap rate & NOI

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

Location

692 High St Westwood, MA 02090-1600
Westwood metro Census 412100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.16M
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2025
Last sale
$1.9M
2 recorded transactions
2025
$1.9M
2008
$1

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.2M +9.8%

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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