Property profile

978 Washington St Weymouth, MA 02189

FOR SALE
Showrooms
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Property ID
US38-0374144
4,288 SF 0.15 ac Built 1996
Last sale Oct 2014·$527,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 978 Washington Street in Weymouth, Massachusetts provides office and retail space. The building is predominantly configured for office use and includes approximately 1,200 square feet of leasable area. The space is arranged on the first and second floors in a versatile layout that can support retail, office, or service-oriented business uses. It is located on Washington Street (Route 53) in a well-trafficked commercial corridor and offers convenient access to the South Shore’s surrounding commercial and residential areas.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$602k
Assessed land$187k
Assessed improvement$415k
Effective rate1.63%

Value estimate

· Nov 2026
$375k
$338k – $413k
AI approach$375k
CAP approach$635k
Submarket $/SF estimate$679k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$778
Operating expenses−$9k
NOI · 1,361.40% cap applied$20k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$158 – $296
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,361.40%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
100
JurisdictionWEYMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.9
Dental Office12.1
Parking Facility11.8

Location

978 Washington St Weymouth, MA 02189
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
896 Washington, Weymouth, MA 02189-1531 $970,000 Oct 2023 3,715 SF
1409 Commercial, Weymouth, MA 02189 $500,000 Mar 2022 4,684 SF
856 Washington, Weymouth, MA 02189 $1,185,000 Jan 2022 10,032 SF
136 Ee, Weymouth, MA 02189-2106 $120,000 Jun 2021 2,400 SF
1047 Washington, Weymouth, MA 02189-1945 $92,500 Jan 2020 3,600 SF
784 Broad, Weymouth, MA 02189-2006 $490,000 May 2019 2,420 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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