NE Provenance

701 Edgewater Dr

Wakefield, MA 01880

Commercial
Owner
601...
Owner Type
LLC
Tenure
25 yrs
Assessed
$18,421,500
Built
2002
Sq Ft
155,000
Lot
9.50 ac
Bed/Bath
—/40
Type
Commercial
Elevated Risks17ConditionC1Fire GradeBPermits170Last PermitMar 2026FloodX

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701 Edgewater Dr, Wakefield, MA 01880— Property Report

Building& Property Details

701 Edgewater Dr is a Bank / Financial commercial built in 2002 located in Wakefield, MIDDLESEX County, MA. The building has 155,000 square feet of building area on a 9.50-acre lot. The building has 40 bathrooms across 5 stories.

Flood Zone & Natural Hazard Assessment

701 Edgewater Dr is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 701 Edgewater Dr at Grade B (Strong fire protection access). The nearest fire station, LYNNFIELD FIRE DEPARTMENT, is 1.1 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 170 building permits on file for 701 Edgewater Dr. The most recent permit was filed March 5, 2026. In the past five years, 45 permits have been issued. The current municipal assessment is $18,421,500, with $5,392,200 attributed to land and $13,029,300 to improvements.

Environmental & Land Use

701 Edgewater Dr is classified as a waterfront property. Dam exposure is rated Low.

WakefieldNeighborhood & Community

701 Edgewater Dr is located in Wakefield, MIDDLESEX County, MA. The property is zoned I (Industrial). The median home value in this census tract is $705,500. Median household income is $110,983. The owner-occupancy rate in the surrounding area is 76%. The property is served by the Wakefield school district.

Full Property Intelligence Report

The complete NE Provenance report for 701 Edgewater Dr, Wakefield, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.