New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Gas stations
144 Main St, North Reading, MA 01864
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0896112
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1960
Total area
4,800 SF
Lot
0.43 ac (18,644 SF)
Zoning code
HB
APN
NREA M:025.0 B:0000 L:0004.0
UPID
US38-0896112
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
Current use
Occupant on record · Public records
-
C&R Auto Repair Auto Repair Shop
-
V W Gas and Auto Repair and towing Auto Repair Shop
-
Route 28 gas and service Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.19M
Owner & transaction history
Route 2862 LLC · 4 yrs held
Route 2862 LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
HB · North Reading, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 North Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Reading 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
$1,095,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.28M (Jun 1 2022)
Last sale anchor
$1.28M
Jun 1 2022
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
$248 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,918
Tax year 2024
Assessed value
$826,500
Assessed 2024
Previous assessed
$764,900
+8.1% YoY
Effective rate
1.32%
On assessed value
Assessed land
$496,600
Assessed improvement
$329,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
1
Total area
4,800 SF
Lot
0.43 ac (18,644 SF)
Zoning code
HB
APN
NREA M:025.0 B:0000 L:0004.0
UPID
US38-0896112
Jurisdiction
NORTH READING
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · North Reading, MA
Zoning HB · permitted uses
HB · North Reading, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Reading. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Route 2862 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
26 TAMAR DR, MEDFORD, MA 02155-1758
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
Route 2862 LLC
—
Deed
related
$450,000 · Salem Five Cents Savings Bank
Jun 1, 2022
$1,275,000
Route 2862 LLC
144 Main Realty LLC
Quit Claim Arm's Length For Ne States
—
Jan 23, 2015
$225,000
144 Main Realty LLC
144 Main Street Realty Trust
Quit Claim Deed
$725,000 · Robert T Deluca
Feb 10, 2011
$1
Nazzaro Main St 144 LLC
Nazzaro,henry B JR
Grant Deed
—
Dec 23, 1998
—
144 Main St. RT
—
Deed Of Trust
related
$155,000 · Andover Bank
May 13, 1994
—
Henry B Nazzaro
—
Deed Of Trust
related
$175,000 · Zuckerman Family Nomi
Mar 15, 1994
$250,000
Henry B Nazzaro
Sun Oil Co INC
Grant Deed
$40,000 · Zuckerman Family Nomi
—
—
144 Main Realty LLC
—
Deed Of Trust
related
$550,000 · Robert T Deluca
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 144 Main St?
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.
