92 High StMedford, MA 02155

Property Details for 92 High St

Year built

1900

Property size (Sq ft)

1,583 SF

Property type

Office properties

APN

MEDF M:M-08 B:9200

APU

MEDFMM08B9200

Description

This exceptional 3,357 square foot medical office space at 92 High Street in Medford, Massachusetts, presents a unique opportunity for medical professionals seeking a fully equipped and conveniently located practice. Situated in Middlesex County, this single-tenant property boasts a complete build-out ideal for immediate occupancy, eliminating the substantial costs and time associated with renovations. The existing layout thoughtfully incorporates a spacious waiting area and efficient reception zone, ensuring smooth patient flow. The property's features include ample street parking, a significant advantage for both staff and patients, and convenient elevator access. Plumbing is already in place for exam rooms, a key benefit for new medical tenants. This prime location within a thriving medical community offers a prestigious address and easy access for patients. The property is completely vacant, offering immediate possession. The address is 92 High St, Medford, MA 02155. This is a single-tenant office building.

• CAP approach

  CAP return

  Valuation

  6%

  $261,717

  6.5%

  $241,585

  7%

  $224,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $206,835

  Geo Method

  $206,835

• Alternative Use

  Use

  Valuation

  Residential

  $299,566

  Hospitality

  $274,400

  Educational

  $228,298

  Medical

  $236,149

  Retail

  $355,130

Location Insight

City

Medford

County

Middlesex

State

Massachusetts

Latitude

42.4186

Longitude

-71.113

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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