Financial
Distress signals
Property profile

74 Concord St Framingham, MA 01702

FOR SALE
Banks
Property ID
US38-0092481
12,812 SF 0.22 ac lot Built 1933
Last sale Oct 2025 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial real estate opportunity presents two beautifully preserved historic buildings totaling over 22,000 square feet, ideally situated in the heart of downtown Framingham, Massachusetts. The property, located at 74 Concord Street and 15 Park Street, offers a unique blend of traditional and modern office space, perfect for a variety of businesses. The buildings boast a combined two stories, providing ample space for expansion and customization. The property is currently

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$884k
Assessed land$154k
Assessed improvement$730k
Effective rate2.54%

Value estimate

· Sep 2026
$1.77M
$1.59M – $1.94M
NOI build-up
Gross scheduled income$483k
Vacancy & credit loss−$31k
Operating expenses−$136k
NOI · 12.65% cap applied$316k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$516/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$274 – $809

Cap rate analysis

How does the asset earn?
12.65%
$316k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CB
The Central Business (CB) District design standards have been developed to promote quality development that preserves and enhances Downto...
General categoryCOMMERCIAL
JurisdictionFRAMINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.1
Catering Service9.2
Realty agency9.1

Location

74 Concord St Framingham, MA 01702
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15 Park, Framingham, MA 01702-6625 $2,150,000 Jul 2025 12,336 SF
64 Waverley, Framingham, MA 01702-7131 $1,900,000 May 2024 12,020 SF
100 Fountain, Framingham, MA 01702-6211 $1,300,000 May 2022 7,715 SF
9 Mayhew, Framingham, MA 01702-2400 $1,200,000 Sep 2021 7,507 SF
24 Blandin, Framingham, MA 01702-7020 $5,375,000 Jul 2021 19,320 SF
100 Worcester, Framingham, MA 01702-5371 $3,440,000 Jul 2019 11,210 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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