315 University AveWestwood, MA 02090

Property Details for 315 University Ave

Year built

1981

Construction

STEEL FRAME

Lot size

2.62 AC

Property size (Sq ft)

29,760 SF

Property type

Office properties

Property subtype

Office buildings

APN

WWOO M:037 B:000 L:014

APU

WWOOM037B000L014

Description

This exceptional office space in Westwood, Massachusetts, offers a diverse range of solutions for businesses of all sizes. Located at 315 University Ave, in Norfolk County, this property provides flexible options to suit your specific needs. Choose from traditional private offices, fully furnished and equipped for individuals or large teams, scalable from one to over 100 desks. Customizable options are available, including serviced offices, disaster recovery spaces, and day offices, offering access as needed. For a more collaborative environment, coworking spaces are available, allowing you to reserve a dedicated desk or utilize a hot-desk option. The property also features a comprehensive suite of meeting rooms, adaptable for various uses, from informal chats to large-scale conferences. Need a prestigious business address without the overhead? Virtual office options are available, including mail handling and professional virtual assistant services, with varying levels of office access included. Finally, flexible working plans provide access to a global network of workspaces, offering unparalleled convenience and adaptability. This property is ideal for businesses seeking a modern, versatile, and strategically located workspace in Westwood, MA. The property type is classified as Traditional Office, Executive Office, Coworking, and Medical Office, making it suitable for a wide range of professional uses. The tenancy is multiple, indicating shared occupancy. While the total building square footage is not specified, the available office spaces range in size to accommodate various business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $4,920,217

  6.5%

  $4,541,738

  7%

  $4,217,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,888,442

  Geo Method

  $3,888,442

• Alternative Use

  Use

  Valuation

  Residential

  $5,631,756

  Hospitality

  $5,158,658

  Educational

  $4,291,943

  Medical

  $4,439,550

  Retail

  $6,676,356

Location Insight

City

Westwood

County

Norfolk

State

Massachusetts

Latitude

42.201

Longitude

-71.1555

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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