131 Hartwell AveLexington, MA 02421

Property Details for 131 Hartwell Ave

Year built

1983

Construction

STEEL FRAME

Lot size

5.00 AC

Property size (Sq ft)

78,698 SF

Zone code

CM

Property type

Office buildings

APN

LEXI M:0074 L:00006A

APU

LEXIM0074L00006A

Description

This exceptional Class A office property, located at 131 Hartwell Avenue in Lexington, Massachusetts, offers a variety of flexible spaces to suit diverse business needs. The building provides multiple tenancy options, with three individual suites currently available, ranging in size from a comfortable 2,500 square feet to a substantial 17,149 square feet. This allows for businesses of all scales to find a suitable workspace within this prime location. The property is classified as a Traditional Office, Executive Office, and Creative Office space, demonstrating its versatility and adaptability to various business styles and layouts. Situated in Middlesex County, with a convenient Lexington address and zip code 02421, this location offers easy access to major transportation routes and amenities. The building's total square footage is not currently specified. This presents a unique opportunity for businesses seeking high-quality, adaptable office space in a desirable Massachusetts location. The property's classification as Class A signifies its superior construction, modern amenities, and prime location. Interested parties are encouraged to inquire about the available suites and their specific features to determine the best fit for their operational requirements. The precise layout and specifications of each available suite can be provided upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $13,011,130

  6.5%

  $12,010,274

  7%

  $11,152,397

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,282,681

  Geo Method

  $10,282,681

• Alternative Use

  Use

  Valuation

  Residential

  $14,892,740

  Hospitality

  $13,641,669

  Educational

  $11,349,709

  Medical

  $11,740,043

  Retail

  $17,655,102

Location Insight

City

Lexington

County

Middlesex

State

Massachusetts

Latitude

42.4628

Longitude

-71.2677

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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