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Property profile & analytics
FOR LEASE
Retail space

861 Edgell Rd 204 Framingham, MA 01701

13,327 SF 1.04 ac lot Built 1974
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US38-0830776
861 Edgell Rd,Unit 204, Framingham, MA 01701 For Lease
$22 SF/Yr
861 Edgell Rd,Unit 204, Framingham, MA 01701
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Property summary
AI-generated overview

This exceptional retail property, located at 861 Edgell Rd in Framingham, offers a versatile 2,000 square foot space ideal for a variety of businesses. Situated on a 1.04-acre lot (43,000 square feet), the property boasts a total building size of 13,330 square feet, with ample parking for 42 vehicles. The building, constructed in 1974 and renovated in 1980, is classified as Class B and features a two-story design. The zoning is AR11, allowing for a range of commercial uses. While the building currently has a single tenant, this 2,000 square foot space is immediately available for lease. The property's building floor area ratio (FAR) is 0.29. This location provides excellent accessibility and proximity to essential amenities, making it an attractive option for businesses seeking a thriving commercial environment. The property presents a unique opportunity to establish or expand a business in a well-established area. No elevators are present in the building. This space is adaptable to various business needs, from offices and studios to service-based enterprises. Don't miss this chance to secure a prime retail location in a bustling Framingham area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction STEEL FRAME
Total area 13,327 SF
Lot 1.04 ac (45,433 SF)
Zoning code B-2
APN FRAM M:037 B:34 L:6470 U:000
UPID US38-0830776
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ellesentrix Hair Design Hair Salon Nail Salon
  • Gianni's Pizza & Sub's Inc Restaurant
  • Baystate Sports Cards and Memorabilia (Bike/Boat/Book/etc) Store
  • Anubhava School Of Music Vocational School Training Center
  • Honey Dew Donuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
$2.95M
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$2.53M
Owner & transaction history
Aa God Win LLC · 4 yrs held
Aa God Win LLC
since 2021
Last sale
$2.5M
5 recorded transactions
2021
$2.5M
2011
Price N/A
2010
Price N/A
1996
Price N/A
1991
Price N/A
Zoning & alternative use
B-2 · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.9M +35.2%
Auto repair, garage $3.8M +31.1%
Neighborhood: shopping center $3.7M +29.0%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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