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    Property profile & analytics

    19 Concord St Framingham, MA 01702

    • Retail space
    • 11,069 SF
    • 0.32 lot acres
    For Lease
    View listing
    $5 SF/Yr
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US38-1049664
    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

    • Rent-A-Center / Furniture Store / Appliance Store
    • Cornejo Jr Cristobal / Nursing Agency
    • Gentile Margaret E / Doctor
    • Yardley Janet MD / Doctor
    • Anchored in Recovery / Non-Profit Organization

    Property Details for 19 Concord St

    Year built
    1948
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Property size
    11,069 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    FRAM M:128 B:86 L:8039 U:000
    APU
    FRAMM128B86L8039U000

    Description

    This exceptional 9,000-square-foot flex space, located at 19 Concord St, Framingham, MA 01702, presents a unique opportunity for businesses seeking efficient storage and/or light industrial use. Situated in the Framingham/Natick submarket and zoned CB, this single-tenant property underwent a complete renovation in 2022. The space boasts a 9-foot ceiling height and features one dock-high door with a ramp providing convenient access to the lower level. A double-wide stairway also offers alternative access. The property is fully sprinklered for enhanced safety and includes separately metered electricity. While currently lacking heating and air conditioning, the space is equipped with plumbing fixtures for potential bathroom additions (requiring an ejector pump installation). This affordable storage solution is immediately available and offers a versatile layout ideal for a variety of uses. The property's convenient location within the Framingham/Natick submarket provides easy access to major transportation routes and a thriving business community. This is a prime opportunity to secure a well-maintained, renovated industrial space in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $375,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $375,000
      Mixed-Use
      $395,000
      Hospitality
      $450,000
      Educational
      $340,000
      Residential Income
      $475,000
      Energy
      $410,000
      Income-Based Land
      $375,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4162
    Latitude
    42.2773
    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
    $25,184
    $170,900
    $820,200
    $991,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,200 SF

      36 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 15,200 SF
      36 Concord St, Framingham, MA 01702-8302
      View Details
    • Value Estimation by Request
      15,936 SF

      492 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 15,936 SF
      492 Concord St, Framingham, MA 01702-2322
      View Details
    • Value Estimation by Request
      11,880 SF

      448 Waverley St

      RETAIL STORES (PERSONAL SERVICES) • 11,880 SF
      448 Waverley St, Framingham, MA 01702-6963
      View Details
    • Value Estimation
      $430,000
      3,912 SF

      765 Waverley St

      RETAIL STORES (PERSONAL SERVICES) • 3,912 SF
      765 Waverley St, Framingham, MA 01702
      View Details
    • Value Estimation
      $565,000
      8,732 SF

      618 Waverley St

      RETAIL STORES (PERSONAL SERVICES) • 8,732 SF
      618 Waverley St, Framingham, MA 01702
      View Details
    • Value Estimation
      $365,000
      1,828 SF

      409 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 1,828 SF
      409 Concord St, Framingham, MA 01702-6448
      View Details

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    19 Concord St
    Framingham, MA 01702
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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
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