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    Property profile & analytics

    1173 Main St Concord, MA 01742-3021

    • Retail space
    • 3,304 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $1,500,000
    Last Sale
    Jul 28, 2022
    $1,417,500
    Location Intelligence
    Property ID
    US38-0501835
    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

    • Retail space

    Property Details for 1173 Main St

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    3,304 SF
    Zone code
    LBW
    Property type
    Retail space
    APN
    CONC M:9D B:2454
    APU
    CONCM9DB2454

    Description

    This exceptional 3,400 square foot free-standing retail building is available for lease in Middlesex County. Located on Main Street, this single-tenant property boasts high visibility and significant traffic, with a daily traffic count of 12,037 vehicles. The building offers ample parking with 14 spaces and prominent monument signage opportunities for maximum brand exposure. The space is entirely vacant and ready for immediate occupancy, providing a blank canvas for your business. Its prime location places it amongst a vibrant mix of established businesses, including Chase Bank, TD Bank, Middlesex Savings Bank, Dunkin' Donuts, 7-Eleven, Orange Theory Fitness, Pure Barre, and West Village Tavern, ensuring high foot traffic and a strong customer base. The property's size and configuration offer flexibility, potentially allowing for division into smaller spaces (though currently configured as a single unit). This is an unparalleled opportunity to establish a thriving retail presence in a high-traffic, desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,445,000
      6.5%
      $1,545,000
      7%
      $1,525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,655,000
      Geo Method
      $1,415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,665,000
      Retail
      $1,445,000
      Mixed-Use
      $1,450,000
      Hospitality
      $1,320,000
      Educational
      $1,640,000
      Residential Income
      $1,310,000
      Energy
      $1,750,000
      Income-Based Land
      $1,680,000
      Food Service
      $1,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3904
    Latitude
    42.4562
    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
    $15,814
    $635,800
    $656,200
    $1,292,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,412 SF

      59 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,412 SF
      59 Main St, Concord, MA 01742-2503
      View Details
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      42 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,309 SF
      42 Main St, Concord, MA 01742-2515
      View Details
    • Value Estimation by Request
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      49 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,644 SF
      49 Main St, Concord, MA 01742-2502
      View Details
    • Value Estimation by Request
      2,590 SF

      36 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,590 SF
      36 Main St, Concord, MA 01742-2515
      View Details
    • Value Estimation
      $330,000
      800 SF

      17 Beharrell St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      17 Beharrell St, Concord, MA 01742-2963
      View Details
    • Value Estimation
      $290,000
      2,992 SF

      7 Church St

      RETAIL STORES (PERSONAL SERVICES) • 2,992 SF
      7 Church St, Concord, MA 01742-3001
      View Details

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    1173 Main St
    Concord, MA 01742-3021
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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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