Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    72 Needham St Newton, MA 02461-1616

    • Retail space
    • 1,720 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US38-1206391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Paper Annex / Balloon Store / Disposable Tableware Supplier

    Property Details for 72 Needham St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    1,720 SF
    Zone code
    MU2
    Property type
    Retail space
    APN
    NEWT S:83 B:011 L:0020
    APU
    NEWTS83B011L0020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $415,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $360,000
      Mixed-Use
      $440,000
      Hospitality
      $430,000
      Educational
      $435,000
      Residential Income
      $350,000
      Energy
      $445,000
      Income-Based Land
      $455,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2104
    Latitude
    42.3146
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,180
    $287,900
    $103,800
    $391,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      1,905 SF

      37 Kenneth St

      RETAIL STORES (PERSONAL SERVICES) • 1,905 SF
      37 Kenneth St, Newton, MA 02461-1943
      View Details
    • Value Estimation
      $235,000
      720 SF

      1191 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      1191 Walnut St, Newton, MA 02461-1240
      View Details
    • Value Estimation by Request
      5,400 SF

      32 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      32 Needham St, Newton, MA 02461-1616
      View Details
    • Value Estimation by Request
      9,515 SF

      66 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 9,515 SF
      66 Needham St, Newton, MA 02461-1623
      View Details
    • Value Estimation
      $1,730,000
      5,299 SF

      1158 Beacon St

      RETAIL STORES (PERSONAL SERVICES) • 5,299 SF
      1158 Beacon St, Newton, MA 02461-1103
      View Details
    • Value Estimation
      $3,990,000
      9,350 SF

      1144 Beacon St, Unit 1152

      RETAIL STORES (PERSONAL SERVICES) • 9,350 SF
      1144 Beacon St, Newton, MA 02461-1103
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Newton Office Building For Sale

      Prime Newton office, modern interiors.
      950 Boylston St, Newton, MA 02461
      View Details
    • $995,000
      0.12 Acres

      Newton Mixed-Use Investment Opportunity

      Prime Newton location, vacant & ready.
      Beacon St, Newton, MA 02461
      View Details
    • $995,000
      2,852 SF

      Newton Mixed-Use Investment Opportunity

      Centrally located mixed-use property in Newton, exceptional visibility and access.
      1100-1102 Beacon St, Newton, MA 02461
      View Details
    • $2,000,000
      0.12 Acres

      950 Boylston St, Newton, MA 02461

      Commercial real estate • 0.12 Acres
      950 Boylston St, Newton, MA 02461
      View Details
    • $2,800,000

      Newton Highlands Multifamily Development Opportunity

      Rare opportunity in Newton Highlands near shops and MBTA Green Line.
      1623-1625 Centre St, Newton, MA 02461
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Beacon Street

      Retail space available for lease in Newton, Massachusetts.
      Newton, MA 02461
      View Details
    • Contact for pricing
      1,000 SF

      Retail/Office Space Newton Highlands

      Move-in ready retail or office space in Newton Highlands.
      1005 Boylston St, Newton Highlands, MA 02461
      View Details
    • Contact for pricing
      2,259 SF

      Retail Space in Newton, MA

      Retail space available in affluent Newton, Massachusetts.
      55 Needham St, Newton, MA 02461
      View Details
    • Contact for pricing
      1,820 SF

      Newton Retail Space For Rent

      Retail space available on Needham Street in Newton, Massachusetts.
      88 Needham St, Newton Highlands, MA 02461
      View Details
    • Contact for pricing
      3,500 SF

      Newton Retail/Office Lower Level Space

      3,500 SF lower level space for lease in Newton.
      1173-1175 Walnut St, Newton, MA 02461
      View Details
    • Contact for pricing
      1,500 SF

      New Mixed-Use Retail Space

      1,500 SF retail space in mixed-use project near MBTA.
      1149-1151 Walnut St, Newton Highlands, MA 02461
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    72 Needham St
    Newton, MA 02461-1616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.