81 Hartwell AveLexington, MA 02421

  • Office buildings
  • 73,158 SF

Property Details for 81 Hartwell Ave

Year built
1981
Construction
STEEL FRAME
Lot size
8.30 AC
Property size (Sq ft)
73,158 SF
Zone code
CM
Property type
Office buildings
APN
LEXI M:0080 L:00004A
APU
LEXIM0080L00004A

Description

This exceptional Class A office property at 81 Hartwell Avenue in Lexington, Massachusetts, offers a rare opportunity to lease premium office space. Located in the desirable 02421 zip code, this property features a total of 7,000 to 19,595 square feet of available space, accommodating a variety of business needs. The building offers both executive office suites and traditional office layouts, providing flexibility for different organizational structures and preferences. Multiple tenancy options are available, allowing for customization to suit specific requirements. The property's prime location in Lexington, MA offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. This is an ideal location for businesses seeking a prestigious and functional workspace in a thriving community. Interested parties are encouraged to inquire about available space and lease terms. The property is situated at 42.4687629 latitude and -71.2628278 longitude. Contact us today to schedule a viewing and explore the possibilities of establishing your business at this exceptional Lexington location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,095,203
    6.5%
    $11,164,802
    7%
    $10,367,317
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,558,824
    Geo Method
    $9,558,824
  • Alternative Use

    Use
    Valuation
    Residential
    $13,844,355
    Hospitality
    $12,681,355
    Educational
    $10,550,738
    Medical
    $10,913,594
    Retail
    $16,412,260

Location Insight

City
Lexington
County
Middlesex
State
Massachusetts
Latitude
42.4688
Longitude
-71.2625
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
$257,948
$3,319,000
$7,340,000
$10,659,000
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-
-
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FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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How can I contact the broker?
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