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Property profile & analytics

58 Concord St North Reading, MA 01864-2602

  • Office buildings
  • 9,360 SF
  • 1.42 lot acres
OFF-MARKET
Last Sale
Mar 17, 2025
$2,650,000
Value Estimations
$2,295,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-0399740
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Psychotherapy Associates / Psychotherapist
  • Richard T. Kaufman, MSW / Family Counselor / Doctor
  • Dr. Donna Whipple / Psychotherapist / Doctor
  • Billing Advantage, Inc / Medical Billing Service
  • Hilary Clausius / Counselor

Property Details for 58 Concord St

Year built
1968
Lot size
1.42 lot acres
Property size
9,360 SF
Zone code
IB
Property type
Office buildings
APN
NREA M:019.0 B:0000 L:0014.0
APU
NREAM0190B0000L00140

Description

This exceptional 9,600 square foot, two-story office building is available for lease at 58 Concord Street in North Reading, MA. Built in 1968 and renovated in 2000, this single-tenant property sits on 1.42 acres of land and offers ample parking with approximately 38 spaces. The building features a functional layout including seven offices, a conference room, kitchen, two restrooms, and file storage on the first floor. The second floor boasts 19 private offices, two additional restrooms, and another conference room. A total of four restrooms are available across both floors, along with a convenient shower and break room with kitchenette. Note that there is no elevator in this building. An attractive feature is a separate, fenced-in 15,000+ square foot contractor yard area, available for lease at an additional cost. This property is ideally situated approximately one mile from the Concord Street exit on Route 93, providing easy access to Route 93. The building is zoned for industrial office use and is projected to be available for occupancy around July/August 2024. This presents a unique opportunity for a business seeking a substantial, well-maintained office space with convenient amenities and ample parking.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,320,000
    ML approach
    $2,330,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,720,000
    Market price range: $1.49M - $3.05M
    AI Estimate
    $1,624,000
    Market price range: $1.29M - $2.95M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
North Reading
County
Middlesex
State
Massachusetts
Longitude
-71.1225
Latitude
42.5602
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
$16,874
$484,300
$793,100
$1,277,400
-
$0.00
$0.00
$0.00
More about this property
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