122 MainReading, MA 01867

  • Retail properties
  • 5,418 SF
Off market
$2,091,850 Estimated

Property Details for 122 Main

Year built
1994
Construction
FRAME
Lot size
0.21 AC
Property size (Sq ft)
5,418 SF
Zone code
BUSA
Property type
Retail properties
Property subtype
Turn key restaurants
APN
READ M:007.0-0000-0098.0
APU
READM0070000000980

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,316,763
    6.5%
    $1,215,474
    7%
    $1,128,654
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,783,948
    Geo Method
    $1,783,948
  • Alternative Use

    Use
    Valuation
    Residential
    $1,025,298
    Hospitality
    $939,167
    Educational
    $781,376
    Medical
    $808,249
    Retail
    $1,215,474
122 Main, Reading, Massachusetts
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Location Insight

City
Reading
County
Middlesex
State
Massachusetts
Latitude
42.5077
Longitude
-71.1044
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
$13,366
$376,500
$658,000
$1,034,500
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-
-
-

Property Visit Statistics

  • Visits by month
    804
  • Visitors by month
    742
  • Avg Time on site
    27 min

FAQs

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