Financial
Distress signals
Property profile

72 Riv Park St Needham, MA 02494

OFF-MARKET
Office buildings
Property ID
US38-1621655
21,085 SF 1.67 ac lot
Last sale May 1998 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 21,654 SF office building in Needham, Massachusetts, located just off I-95 at 72 River Park Street. The building includes a first-floor office suite of approximately 3,351 SF. The suite is configured for office use and is suitable for professional office operations. The site provides on-site parking and offers convenient access to major highways and nearby amenities, including restaurants, hotels, and commuter rail service.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$65k
Tax billed · 2024
Assessed value$2.66M
Assessed land$816k
Assessed improvement$1.84M
Effective rate2.46%

Value estimate

· Sep 2026
$7.03M
$6.32M – $7.73M
CAP approach$7.60M
Sales comparison$8.17M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$275 – $781
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IND1
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.9
Nail Salon14.5
Pharmacy14.3

Location

72 Riv Park St Needham, MA 02494-2643
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 A, Needham, MA 02494 $10,550,299 Oct 2024 39,600 SF
19 Crawford, Needham, MA 02494-2618 $10,800,000 Oct 2023 41,840 SF
87 Cres, Needham, MA 02494-1437 $2,550,000 Oct 2023 8,080 SF
35 Highland, Needham, MA 02494-3099 $5,500,000 Jul 2022 28,800 SF
124 Cres, Needham, MA 02494-1442 $3,100,000 Jan 2020 13,600 SF
31 Fremont, Needham, MA 02494-2909 $720,000 Jun 2019 7,126 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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