Property profile

1238 Main St Concord, MA 01742

OFF-MARKET
Investment properties
Property ID
US38-1215810
8,381 SF 0.17 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 8,381 SF
Lot 0.17 ac (7,341 SF)
Zoning code L
APN CONC M:9D B:2451
UPID US38-1215810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1238 Main St Concord, MA 01742
Concord metro Census 361200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.13M
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.86M

Owner & transaction history

Zoning & alternative use

L · Concord, MA
Top alternative use upside
Restaurant $2.4M +12.4%
Auto repair, garage $2.4M +8.9%
Neighborhood: shopping center $2.3M +7.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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