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Property profile & analytics
OFF-MARKET Estimated value $510,000
Parking lots & garages

995 Main St Waltham, MA 02451

2,172 SF 0.45 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US38-1663967
Property summary
AI-generated overview

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."

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Total area 2,172 SF
Lot 0.45 ac (19,580 SF)
APN WALT M:058 B:009 L:0005
UPID US38-1663967
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Waltham Main St Rlty Vent · 1 yrs held
Waltham Main St Rlty Vent
since 2025
Last sale
$600,000
2 recorded transactions
2025
$600,000
1989
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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