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Financial
Distress signals
Property profile

742 Massachusetts Ave 1B Arlington, MA 02476

FOR LEASE
Other investment properties
Property ID
US38-1744987
4,808 SF 0.23 ac lot Built 1820
Last sale Mar 2005 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This two-room professional office suite is located in Arlington Center along Massachusetts Avenue and is configured for professional office use. The space includes multiple private entrances, abundant natural light, and a dedicated private bathroom. The interior layout is suitable for a range of professional and boutique service providers, including roles such as therapy, legal, accounting, consulting, and similar services. It is positioned in a commercial area with nearby shops, restaurants, public transportation, and municipal parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.36M
Assessed land$959k
Assessed improvement$400k
Effective rate1.06%

Value estimate

· Oct 2026
$795k
$716k – $875k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$21k
Operating expenses−$19k
NOI · 3,181.89% cap applied$57k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
County average, outlier-cleaned · 830 recorded sales of this use type
Observed band · Q1–Q3$130 – $413
Qualifying comparables19

Cap rate analysis

How does the asset earn?
3,181.89%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionARLINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store14.1
Nail Salon13.6
Grocery Store11.9

Location

742 Massachusetts Ave, Unit 1B Arlington, MA 02476
County assessor Recorded deeds · 3 transfers 19 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
925 Massachusetts, Arlington, MA 02476-4622 $2,800,000 Nov 2023 7,081 SF
1021 Massachusetts, Arlington, MA 02476-4503 $2,195,000 Aug 2023 2,777 SF
800 Massachusetts, Arlington, MA 02476-4791 $880,548 May 2022 3,750 SF
46 Mt Vernon, Arlington, MA 02476-6137 $1,100,000 Aug 2021 3,637 SF
846 Massachusetts, Arlington, MA 02476-4785 $9,101,797 Aug 2019 30,576 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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