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Property profile & analytics

83 Newbern Ave Medford, MA 02155-6430

  • Showrooms
  • 3,080 SF
  • 0.09 lot acres
OFF-MARKET
Value Estimations
$270,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-1902904
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

  • Showrooms

Property Details for 83 Newbern Ave

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.09 lot acres
Property size
3,080 SF
Property type
Showrooms
APN
MEDF M:X-08 B:0040
APU
MEDFMX08B0040

Description

This exceptional Medford, MA property at 83 Newbern Avenue offers a unique blend of office and garage space, ideal for a variety of businesses. The 5,480 square foot building is currently entirely vacant and available immediately. Comprising two structures, the property features a generous 2,400 square foot minimum divisible space, allowing for flexibility in tenant needs, up to a maximum contiguous space of 5,480 square feet. The building boasts a desirable 10-12 foot ceiling height. The space is divided approximately 50/50 between finished office space and open garage area. The office area includes four private offices, a reception area, and two restrooms, along with kitchenettes for added convenience. Access to the garage is provided by two drive-in doors, one measuring 11 feet high, and another 10 feet high. The property also includes five total parking spaces. Importantly, the property is zoned GR and located in Middlesex County, situated at the end of a quiet dead-end street. Note that this property is not suitable for auto repair businesses. This versatile property presents a rare opportunity to secure a well-appointed office and garage space in a desirable location. The combination of office and garage space makes it suitable for a variety of uses, offering significant potential for a discerning tenant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Medford
County
Middlesex
State
Massachusetts
Longitude
-71.1108
Latitude
42.4
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
$9,009
$340,600
$208,400
$549,000
-
$0.00
$0.00
$0.00
More about this property
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