100 Crescent RdNeedham, MA 02494
- Office properties
- 18,546 SF
Property Details for 100 Crescent Rd
- Year built
- 1984
- Lot size
- 0.93 AC
- Property size (Sq ft)
- 18,546 SF
- Zone code
- I
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- NEED M:099.0 B:0088 L:0000.0
- APU
- NEEDM0990B0088L00000
Description
This exceptional 1,200 square foot office space is situated on the second floor of a well-maintained, Class B office building at 100 Crescent Road in Needham Heights. The building, constructed in 1983, offers a total of 18,750 square feet across five suites, with this particular space featuring two large, bright perimeter offices, an open workspace, and a dedicated lunch area. The space benefits from abundant natural light. The property includes 55 parking spaces, a significant advantage in this location. The zoning is designated as Office/Industrial. The building is conveniently located within walking distance of the Needham Heights commuter rail station, providing easy access to public transportation. Nearby amenities include Trader Joe's, Starbucks, and Blue on Highland. Interstate 95 and Route 128 are also just minutes away. The building boasts on-site management and features a 9-foot ceiling height. A long-term tenant is downsizing within the building, creating this immediate opportunity. The minimum divisible space is 1,200 square feet, and the property sits on one acre of land.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,066,208
- 6.5%
- $2,830,346
- 7%
- $2,628,178
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,423,220
- Geo Method
- $2,423,220
-
Alternative Use
- Use
- Valuation
- Residential
- $3,509,628
- Hospitality
- $3,214,801
- Educational
- $2,674,676
- Medical
- $2,766,663
- Retail
- $4,160,608
Location Insight
- City
- Needham
- County
- Norfolk
- State
- Massachusetts
- Latitude
- 42.2957
- Longitude
- -71.2384
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].