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    129-147 Lowell Rd Concord, MA 01742

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    For Sale
    Contact for pricing

    2.54 acres near downtown Concord, MA, for multi-family development.

    Lot size:
    2.54 Acres

    Property Features for 129-147 Lowell Rd

    General Information

    Lot size
    2.54 Acres

    Source: Nordlund Associates Agent Chris Everest

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Concord Land Development Opportunity

    The property at 129-147 Lowell Road, Concord, Massachusetts, encompasses approximately 2.54 acres. It is currently improved with two buildings totaling approximately 7,427 square feet. The site is located within the newly created MBTA Multi Family Overlay District – Sub district 2. A preliminary conceptual plan supports a multi-family residential development, consisting of a 3-story building with an approximate area of 45,850 square feet, accommodating 38 units with associated parking. The property is situated 1 mile from the Concord MBTA commuter station and 0.25 miles from downtown Concord, offering convenient access to local amenities. This site is located in a community with an average household income of $212,315 and a single-family home value of $1,134,500.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3530148
    Latitude
    42.4639818

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    FAQs

    What type of property is this?
    Land - 2.54 acres near downtown Concord, MA, for multi-family development.
    Where is this land located?
    The property is located at 129-147 Lowell Rd Concord, MA.
    What are key features of this property?
    This property features: - Development opportunity in Concord, MA within the MBTA Multi Family Overlay District.; - Preliminary plan supports a 3-story, +/- 45,850 SF, 38-unit multi-family residential building.; - Located just 0.25 miles from downtown Concord and 1 mile from the Concord MBTA commuter station.
    (978) 762-0500
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    129-147 Lowell Rd Concord, MA 01742
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    Concord, MA 01742
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129-147 Lowell Rd Concord, MA 01742
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