Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Chestnut Rd Needham, MA 02494

    • Parking lots & garages
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2011973
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for Chestnut Rd

    Lot size
    0.13 lot acres
    Zone code
    CB
    Property type
    Parking lots & garages
    APN
    NEED M:047.0 B:0062 L:0000.0
    APU
    NEEDM0470B0062L00000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2362
    Latitude
    42.2795
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $732
    $29,800
    $0.00
    $29,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      0.69 Acres

      4th Ave

      PARKING LOT • 0.69 Acres
      4th Ave, Needham, MA 02494
      View Details
    • Value Estimation
      $280,000
      0.19 Acres

      14 Wexford St

      PARKING LOT • 0.19 Acres
      14 Wexford St, Needham, MA 02494-2912
      View Details
    • Value Estimation
      $550,000
      1,400 SF

      May St

      PARKING LOT • 1,400 SF
      May St, Needham, MA 02494
      View Details
    • Value Estimation by Request
      0.33 Acres

      Chestnut St

      PARKING LOT • 0.33 Acres
      Chestnut St, Needham, MA 02494
      View Details
    • Value Estimation
      $375,000
      0.23 Acres

      Gdn St

      PARKING LOT • 0.23 Acres
      Gdn St, Needham, MA 02494
      View Details
    • Value Estimation
      $330,000
      0.14 Acres

      Highland Ave

      PARKING LOT • 0.14 Acres
      Highland Ave, Needham, MA 02494
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,700 SF

      Needham Mixed-Use Redevelopment Opportunity

      4,700 SF retail/office building with redevelopment potential in Needham.
      50 Central Ave, Needham Heights, MA 02494
      View Details
    • New
      $989,900
      0.19 Acres

      Needham Residential Land Redevelopment Opportunity

      Residential land in Needham Heights, ideal for redevelopment or expansion.
      3 Crescent Rd, Needham, MA 02494
      View Details
    • $3,000,000

      Redevelopment Opportunity on Central Avenue

      Commercial land available for owner-user or redevelopment.
      40-50 Central Ave, Needham, MA 02494
      View Details
    • $899,000

      Two-Family Home in Needham Heights

      Two-family home in prime location near shops and schools.
      187 Saint Mary St, Needham, MA 02494
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr
      1,600 SF

      Renovated Retail Space for Lease

      First floor, renovated retail space on Newton/Needham line.
      33 Highland Ave, Needham, MA 02494
      View Details
    • $10,000 /Mo

      Retail/Flex Space with Garage

      Retail/flex space with garage, suitable for various commercial uses.
      29 Franklin St, Needham, MA 02494
      View Details
    • Contact for pricing
      1,655 SF

      Retail Space on Highland Avenue

      Sublease retail space with high visibility and on-site parking.
      120 Highland Ave, Needham, MA 02494
      View Details
    • Contact for pricing
      8,126 SF

      Needham Heights Flex Space Available

      8,126 SF flex space for lease in Needham Heights.
      145 Rosemary St, Needham Heights, MA 02494
      View Details
    • Contact for pricing
      3,900 SF

      Updated Office Building in Needham

      Well-positioned office building with recent common area and amenity updates.
      35 Highland Cir, Needham Heights, MA 02494
      View Details
    • Contact for pricing
      1,468 SF

      Needham Heights Office Space Available

      Office space for rent with convenient highway access.
      197 1St Ave, Needham Heights, MA 02494
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Chestnut Rd
    Needham, MA 02494
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.