Financial
Distress signals
Property profile

978 Washington St Weymouth, MA 02189

FOR SALE
Showrooms
Property ID
US38-0374144
4,288 SF 0.15 ac lot Built 1996
Last sale Oct 2014 · $527,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 978 Washington Street in Weymouth, Massachusetts, the property is configured to provide combined office and retail space, with the building predominantly built out as office use. The subject space comprises approximately 1,200 square feet and is situated along Washington Street (Route 53), a heavily traveled commercial corridor. The layout spans the first and second floors and is designed to support retail, office, or service-based uses. The property offers convenient access to the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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 7 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 comparables7

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 7 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 · 14 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
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