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Property profile

158 Main St North Reading, MA 01864

OFF-MARKET
Retail space
Property ID
US38-1600756
14,550 SF 1.77 ac lot Built 2008
Last sale Dec 2008 · $8,586,256
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a single-tenant Walgreens retail property located at 158 Main Street in North Reading, Massachusetts, constructed in 2008 and historically occupied by Walgreens. The building sits on a corner parcel at the signalized intersection of Main Street (MA Route 28) and MA Route 62 and features three points of access, with frontage and visibility along Main Street. The property is positioned near major retail and transportation nodes, including proximity of approximately 0.7 miles to Stop &…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$49k
Tax billed · 2024
Assessed value$3.72M
Assessed land$945k
Assessed improvement$2.78M
Effective rate1.32%

Value estimate

· Nov 2026
$2.42M
$2.17M – $2.66M
CAP approach$3.22M
Submarket $/SF estimate$1.60M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 360 recorded sales of this use type
Observed band · Q1–Q3$140 – $417
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HB
Highway Business (HB) District. § 200-40 Industrial/Office (I/O-1) District. § 200-32 Applicability. Except as otherwise provided in this...
General categoryMIXED_USE
JurisdictionNORTH READING

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.0
Carpet & Flooring Store8.6
Home Appliance Store8.1

Location

158 Main St North Reading, MA 01864-3116
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
66 Winter, North Reading, MA 01864-2203 $2,500,000 Feb 2025 14,856 SF
325 Main, North Reading, MA 01864-1373 $1,100,000 Aug 2024 6,228 SF
134 Park, North Reading, MA 01864-2564 $900,000 Dec 2022 10,272 SF
276 Park, North Reading, MA 01864-3236 $700,000 Sep 2021 3,840 SF
134 Main, North Reading, MA 01864-2231 $481,250 Mar 2021 3,920 SF
217 Main, North Reading, MA 01864-3175 $3,600,000 Jun 2019 41,707 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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