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    Property profile & analytics

    916 Walnut St Newton, MA 02461-1135

    • Grocery and convenience stores
    • 27,172 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1644236
    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

    • Whole Foods Market / Grocery Store / Cheese Shop
    • Amazon Locker - Newton / Mailing Service / E-Commerce Service
    • ATM / Atm
    • Genji / Japanese Restaurant
    • Sandwich / Restaurant

    Property Details for 916 Walnut St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.87 lot acres
    Property size
    27,172 SF
    Zone code
    BU1
    Property type
    Grocery and convenience stores
    APN
    NEWT S:62 B:004 L:0012
    APU
    NEWTS62B004L0012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2062
    Latitude
    42.3301
    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
    $171,849
    $2,324,500
    $7,050,800
    $9,375,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,447 SF

      1156 Walnut St

      Individual retail properties • 2,447 SF
      1156 Walnut St, Newton, MA 02461
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      5,023 SF

      1126 Beacon St

      FINANCIAL BUILDING • 5,023 SF
      1126 Beacon St, Newton, MA 02461-1151
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    • Value Estimation
      $235,000
      720 SF

      1191 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      1191 Walnut St, Newton, MA 02461-1240
      View Details
    • Value Estimation
      $315,000
      1,905 SF

      37 Kenneth St

      RETAIL STORES (PERSONAL SERVICES) • 1,905 SF
      37 Kenneth St, Newton, MA 02461-1943
      View Details
    • Value Estimation by Request
      11,012 SF

      56 Winchester St

      RETAIL STORES (PERSONAL SERVICES) • 11,012 SF
      56 Winchester St, Newton, MA 02461-1709
      View Details
    • Value Estimation by Request
      4,852 SF

      74 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 4,852 SF
      74 Needham St, Newton, MA 02461-1616
      View Details

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    • $2,800,000

      Newton Highlands Multifamily Development Opportunity

      Rare opportunity in Newton Highlands near shops and MBTA Green Line.
      1623-1625 Centre St, Newton, MA 02461
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      2,852 SF

      Newton Mixed-Use Development Opportunity

      Rare mixed-use property in prime Newton location, high visibility.
      1100-1102 Beacon St, Newton, MA 02461
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    Similar Nearby for Lease

    • Contact for pricing
      2,447 SF

      Newton Retail Space - Walnut St.

      Prime Newton retail space, 2,447 sq ft.
      1156 Walnut St, Newton, MA 02461
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    • Contact for pricing
      1,000 SF

      Retail/Office Space Newton Highlands

      Move-in ready retail or office space in Newton Highlands.
      1005 Boylston St, Newton Highlands, MA 02461
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    • Contact for pricing
      2,259 SF

      Retail Space in Newton, MA

      Retail space available in affluent Newton, Massachusetts.
      55 Needham St, Newton, MA 02461
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    • Contact for pricing

      Retail Space on Beacon Street

      Retail space available for lease in Newton, Massachusetts.
      Newton, MA 02461
      View Details
    • Contact for pricing
      1,500 SF

      New Mixed-Use Retail Space

      1,500 SF retail space in mixed-use project near MBTA.
      1149-1151 Walnut St, Newton Highlands, MA 02461
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    • Contact for pricing
      1,820 SF

      Newton Retail Space For Rent

      Retail space available on Needham Street in Newton, Massachusetts.
      88 Needham St, Newton Highlands, MA 02461
      View Details

    Property Visit Statistics

    • Visits by month
      65.1k
    • Visitors by month
      33.2k
    • Avg Time on site
      19 min
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    916 Walnut St
    Newton, MA 02461-1135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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