Property profile

93 Massachusetts Ave Lexington, MA 02420

OFF-MARKET
Retail properties & Spaces
Property ID
US38-1395566
2,502 SF 0.29 ac lot Built 1945
Individually Owned 37-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1945
Construction FRAME
Total area 2,502 SF
Lot 0.29 ac (12,540 SF)
Zoning code CRS
APN LEXI M:0013 L:000413
UPID US38-1395566

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
  • Grocery & Convenience Store
  • Atm
  • Atm

Location

93 Massachusetts Ave Lexington, MA 02420-4001
Lexington metro Census 358100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 1989
1 recorded transaction
1989
Price N/A

Zoning & alternative use

CRS · Lexington, MA
Zoning description

residential uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the…

General category COMMERCIAL

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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