521 Mount Auburn StWatertown, MA 02472

  • Office properties
  • 2,144 SF
For Lease
$39,000/SF/YR View listing

Property Details for 521 Mount Auburn St

Year built
1982
Construction
STEEL FRAME
Property size (Sq ft)
2,144 SF
Zone code
NB
Property type
Office properties
APN
WATE M:1224 B:0001 L:1097
APU
WATEM1224B0001L1097

Description

This exceptional 782 square foot medical office suite is located at 521 Mt. Auburn Street, Unit 209, in Watertown, Massachusetts, zip code 02472. Situated within a 26,000 square foot, two-story Class B building constructed in 1982, this single-tenant space offers a prime location for medical professionals. The building is exclusively dedicated to medical office use, providing a professional and welcoming environment. The property boasts convenient access to major roadways, ensuring excellent connectivity for both clients and staff. The 0.3-acre lot provides ample space for the building. This versatile suite presents a fantastic opportunity to establish or expand a medical practice in a highly desirable Watertown location. The suite's layout is adaptable to various medical specialties, offering a flexible space to meet the specific needs of your practice. The building's amenities contribute to a comfortable and productive work environment. This is a rare opportunity to secure a well-located, functional medical office space in a thriving community. Don't miss this chance to secure your ideal practice location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $354,467
    6.5%
    $327,201
    7%
    $303,829
  • Comparable approach

    Method
    Valuation
    Relative Method
    $280,135
    Geo Method
    $280,135
  • Alternative Use

    Use
    Valuation
    Residential
    $405,729
    Hospitality
    $371,645
    Educational
    $309,204
    Medical
    $319,839
    Retail
    $480,985

Location Insight

City
Watertown
County
Middlesex
State
Massachusetts
Latitude
42.3702
Longitude
-71.1621
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
$15,976
-
$692,200
$692,200
-
-
-
-

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