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Financial
Distress signals
Property profile

178 Main St North Reading, MA 01864

OFF-MARKET
Turn key restaurants
Property ID
US38-1389067
4,772 SF 0.62 ac lot Built 1929
Last sale Feb 1999 · $331,208
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$970k
Assessed land$511k
Assessed improvement$460k
Effective rate1.32%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$315k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
County average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$147 – $429
Qualifying comparables13

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: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.6
Storage Facility8.6
Home Appliance Store8.1

Location

178 Main St North Reading, MA 01864-3116
County assessor Recorded deeds · 4 transfers 13 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
325 Main, North Reading, MA 01864-1373 $1,100,000 Aug 2024 6,228 SF
226 Main, North Reading, MA 01864-3112 $2,350,000 Nov 2022 5,355 SF
254 Main, North Reading, MA 01864-1340 $1,425,000 Oct 2022 3,500 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
268 Main, North Reading, MA 01864-1338 $600,000 May 2019 2,520 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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