175 Highland AveNeedham, MA 02494

  • Office properties
  • 69,144 SF
For Lease

Property Details for 175 Highland Ave

Lot size
1.19 AC
Property size (Sq ft)
69,144 SF
Zone code
H128
Property type
Office properties
Property subtype
Office buildings
APN
NEED M:074.0 B:0043 L:0000.0
APU
NEEDM0740B0043L00000

Description

This exceptional executive office space at 175 Highland Avenue in Needham, Massachusetts, offers a variety of flexible leasing options within a prestigious 40,000 square foot building. Currently, there is space available ranging from 2,703 to 5,239 contiguous square feet, perfect for businesses seeking a professional and efficient workspace. The minimum leasable space is 4,000 square feet, allowing for scalability to accommodate growing companies. The building's modern design and prime location in Needham, MA (zip code 02494) provide an ideal environment for productivity and collaboration. The property is conveniently situated at 175 Highland Ave, offering easy access to major transportation routes and local amenities. This multi-tenant building provides a vibrant and professional atmosphere, making it an excellent choice for businesses of all sizes seeking a high-quality office space in a desirable location. The available space is ready for immediate occupancy, offering a seamless transition for your business. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional Needham office building. The property is categorized as an Executive Office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,431,569
    6.5%
    $10,552,217
    7%
    $9,798,487
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,034,355
    Geo Method
    $9,034,355
  • Alternative Use

    Use
    Valuation
    Residential
    $13,084,749
    Hospitality
    $11,985,560
    Educational
    $9,971,845
    Medical
    $10,314,792
    Retail
    $15,511,759
175 Highland Ave, Needham, Massachusetts

Location Insight

City
Needham
County
Norfolk
State
Massachusetts
Latitude
42.305
Longitude
-71.2206
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
$167,363
$1,294,300
$5,517,400
$6,811,700
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FAQs

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