New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Investment properties
110-112 Commonwealth Ave 112, Concord, MA 01742-2904
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-1562330
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1896
Total area
2,796 SF
Lot
0.14 ac (5,928 SF)
Zoning code
BWC
APN
CONC M:9D B:2191
UPID
US38-1562330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$1.23M
Owner & transaction history
Cheerful LLC · 1 yrs held
Cheerful LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
BWC · Concord, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+53.9%
Auto repair, garage
$785,000
+8.9%
Neighborhood: shopping center
$775,000
+7.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,225,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,110,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$785,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$755,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.23M (Jul 18 2024)
Last sale anchor
$1.23M
Jul 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$438 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,549
Tax year 2023
Assessed value
$927,100
Assessed 2024
Previous assessed
$927,100
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$395,800
Assessed improvement
$531,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1896
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
2
Rooms
8
Bathrooms
3
Total area
2,796 SF
Lot
0.14 ac (5,928 SF)
Zoning code
BWC
APN
CONC M:9D B:2191
UPID
US38-1562330
Jurisdiction
CONCORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BWC · Concord, MA
Zoning BWC · permitted uses
BWC · Concord, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$785,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
RETAIL STORES
Est. value
$755,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1896
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
2
Rooms
8
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cheerful LLC
Entity
Free & Clear · 1 yrs held
Mailing address
50 EVERETT STSTE22, CONCORD, MA 01742-3657
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2024
—
Cheerful LLC
G Zachary Gund Gst Articl
Quit Claim Deed
related
—
Jun 28, 2024
$1,225,000
G Zachary Gund Gst Articl
Bright Angel Foods INC
Quit Claim Arm's Length For Ne States
—
Jun 27, 2016
$700,000
Bright Angel Foods INC
Forbes Trust
Quit Claim Deed
—
Jan 31, 2014
—
Forbes RT
—
Grant Deed
related
$630,000 · Middlesex Svgs Bk
Nov 3, 1995
—
Jf Forbes RT
—
Deed Of Trust
related
$90,000 · Middlesex Savings Bank
Oct 23, 1992
—
Jf Forbes RT
—
Deed Of Trust
related
$40,000 · Middlesex Savings Bank
Mar 22, 1990
—
Jf Forbes RT
—
Deed Of Trust
related
$170,000 · Middlesex Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 110-112 Commonwealth Ave, Unit 112?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
