Edificio 2
364 Irving St, Framingham, MA 01702
Framingham, Massachusetts, United States
Address
City: Framingham
State: Massachusetts
Postal Code: 01702
Country: United States
Business facts
Estimated annual revenue~$754.9K
Estimated employees~3
Estimated wage bill~$118.9K
Estimate based on moderate signals
Area statistics (01702)
Population38,898
Median household income$76,636
Source: US Census ACS
About
Edificio 2 is located in Framingham, Massachusetts. This business is working in the following industry: Apartment Complex.
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Apartment Complex).
EstimateCategory trend: 2024, +5.1%
Revenue trend (modeled)
~$530.6K2019
~$518.7K2020
~$547.4K2021
~$646.8K2022
~$658.3K2023
~$754.9K2024
Modeled from official industry statistics+7.3%/yr since 201980% confidence band: ±42%
Property
Lot size1.59 acres
Land use112
ZoningM
CountyMiddlesex
Parcel owner364 IRVING STREET LLC
Assessed value$7.3M (land $630.0K)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Apartment Complex in Massachusetts | 1,292 | ~$1.7B | ~$1.3M | ~$1.1M | 4.0★ | 0.7× |
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure59 chains expanding in this category, led by Regus, Masspike, The Woodlands (+216 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 259 | ~$551.4M | ~$2.1M | ~$601.6K | 1,295 | ~$121.3M | 1.3× |
| Real estate activities | 7 | ~$11.0M | ~$1.6M | — | 23 | — | — |
1 km area (all businesses): median from the 230 of 259 businesses with estimates
Estimate
Area conditions (01702)
Population38,898 ±1,423
Median household income$76,636 ±$5,526
Median home value$515,300
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS