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    Property profile & analytics

    1508 Concord St Framingham, MA 01701-7700

    • Investment properties
    • 2,026 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    May 20, 2021
    $225,000
    Location Intelligence
    Property ID
    US38-1348578
    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

    • Best Cuts / Barber Shop / Hair Salon

    Property Details for 1508 Concord St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    2,026 SF
    Zone code
    B-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FRAM M:050 B:32 L:8099 U:000
    APU
    FRAMM050B32L8099U000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $230,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $225,000
      Mixed-Use
      $215,000
      Hospitality
      $240,000
      Educational
      $255,000
      Residential Income
      $215,000
      Energy
      $200,000
      Income-Based Land
      $215,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3975
    Latitude
    42.3212
    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
    $0.00
    $227,100
    $151,700
    $378,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $610,000
      2,841 SF

      23 Walsh St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,841 SF
      23 Walsh St, Framingham, MA 01701-5336
      View Details
    • Value Estimation
      $345,000
      3,898 SF

      12 Watson Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 3,898 SF
      12 Watson Pl, Framingham, MA 01701-4109
      View Details
    • Value Estimation by Request
      2,810 SF

      535 Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,810 SF
      535 Worcester Rd, Framingham, MA 01701-5364
      View Details
    • Value Estimation
      $235,000
      1,760 SF

      967 Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,760 SF
      967 Worcester Rd, Framingham, MA 01701-5227
      View Details
    • Value Estimation by Request
      5,744 SF

      57 Cochituate Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,744 SF
      57 Cochituate Rd, Framingham, MA 01701-7914
      View Details
    • Value Estimation by Request
      8,590 SF

      931 Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 8,590 SF
      931 Worcester Rd, Framingham, MA 01701-5211
      View Details

    Similar Nearby for Sale

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      Framingham Mixed-Use Investment

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      Land opportunity in Framingham's finest neighborhood to build or renovate.
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      Commercial Property with Showroom Potential

      Commercial property suitable for showroom or condo conversion project.
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    Similar Nearby for Lease

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      10,000 SF

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      Framingham Office Space Available

      Office space for lease with highway access and ample parking.
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      Framingham Flex Space Available

      Flex space available in Framingham, Massachusetts.
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    • Contact for pricing
      3,092 SF

      Retail Space in Framingham Center

      Retail space available in a busy Framingham shopping center.
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    • Contact for pricing
      3,101 SF

      Framingham Office Park Suites Available

      Multi-tenant office building with modern amenities and abundant parking.
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      View Details
    • Contact for pricing
      24,000 SF

      Framingham Office Building For Lease

      Three-story office building near major routes and amenities.
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      View Details
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    1508 Concord St
    Framingham, MA 01701-7700
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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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