Property profile

840 Lexington St 876 Waltham, MA 02452

OFF-MARKET
Commercial real estate
Property ID
US38-0696040
6.22 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, known as Wallex Plaza, is located at 840-878 Lexington Street in Waltham, Massachusetts, 02452. The entire 2,563 square foot building is currently available for lease, presenting a unique opportunity for a single tenant to occupy this entire commercial space. The property is classified as a multi-tenant retail building within Middlesex County. Given the total square footage, ample parking is provided, with a ratio of 4 parking spaces per 1,000 square feet of building area. This translates to a significant number of parking spaces for customers and employees, enhancing the convenience and appeal of the location. The property's address is strategically situated on Lexington Street in Waltham, offering excellent visibility and accessibility for potential businesses. The building's size and layout are ideal for a variety of retail uses, making it a versatile option for prospective tenants. Interested parties are encouraged to explore the possibilities this prime Waltham location offers. The property is ready for immediate occupancy. This is a rare opportunity to secure a substantial retail space in a desirable location. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 6.22 ac (270,956 SF)
APN WALT M:023 B:007 L:0003
UPID US38-0696040

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Carpet Cleaning Service

Location

840 Lexington St, Unit 876 Waltham, MA 02452-4848
Waltham metro Census 368101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2004
5 recorded transactions
2024
Price N/A
2020
Price N/A
2007
Price N/A
2004
$5.4M
2002
Price N/A

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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