995 Main St Waltham, MA 02451
This exceptional 0.42-acre vacant development site is located at 995 Main Street in Waltham, Massachusetts. Offered at $1,950,000, this property presents a unique opportunity for developers seeking a prime location for a new construction project. The site's address places it on a well-established street with excellent visibility and accessibility. The land is currently vacant, allowing for complete design flexibility and immediate commencement of development. Given its size and location within Waltham, the property is well-suited for a variety of potential uses, subject to local zoning regulations and approvals. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses and development feasibility. The closing date is anticipated for May 8th, 2024. This is a rare opportunity to acquire a sizable development parcel in a highly desirable area of Waltham, offering significant potential for future growth and return on investment. Serious inquiries only. The property is being sold "as is."
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.