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20 Pondmeadow Dr Reading, MA 01867

FOR SALE
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Property ID
US38-1029018
16,087 SF 2.33 ac Built 1992
Last sale Dec 2022·$4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
20 Pondmeadow Dr, Reading, MA 01867 For Sale 1 / 23
Contact for pricing 16,087 SF
20 Pondmeadow Dr, Reading, MA 01867
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Property summary

AI-generated overview

Unit 108 is a medical office condominium built in 1993. The interior layout supports both patient-facing and administrative functions and includes three exam rooms with sinks, two private offices, an open workspace, a reception area, a waiting room, and an HC restroom. The unit is part of a larger property that provides access to approximately 175 common parking spaces, and it remains configured for clinical/medical office use.

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?
$63k
Tax billed · 2024
Assessed value$4.87M
Assessed improvement$4.87M
Effective rate1.29%

Value estimate

· Nov 2026
$3.77M
$3.39M – $4.14M
Submarket $/SF estimate$3.96M
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$10k
Operating expenses−$32k
NOI · 10.18% cap applied$48k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables5

Cap rate analysis

How does the asset earn?
10.18%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionREADING

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.6
Building Supply12.1
Furniture Store11.6

Location

20 Pondmeadow Dr Reading, MA 01867
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Hvn, Reading, MA 01867-2961 $325,000 Jun 2024 1,127 SF
274 Main St, Reading, MA 01867-3669 $4,050,000 Jan 2024 No data
95 Main, Reading, MA 01867-3972 $249,000 Jun 2021 6,464 SF
22 Woburn, Reading, MA 01867-3026 $1,400,000 Mar 2021 7,664 SF
328 Main, Reading, MA 01867-3618 $600,000 Sep 2019 4,132 SF
55 Walkers Brk, Reading, MA 01867-3272 $32,250,000 Dec 2018 146,088 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

Comparable nearby

  • Value Estimation
    $1,375,000
    19,660 SF
    580 Main St
    OFFICE BUILDING
    580 Main St, Reading, MA 01867-3125
    View Details
  • Value Estimation
    $935,000
    12,864 SF
    315 Main St
    OFFICE BUILDING
    315 Main St, Reading, MA 01867-3666
    View Details
  • Value Estimation
    $660,000
    8,849 SF
    78 Hvn St
    OFFICE BUILDING
    78 Hvn St, Reading, MA 01867-2929
    View Details
  • Value Estimation
    $635,000
    8,792 SF
    34 Salem St
    OFFICE BUILDING
    34 Salem St, Reading, MA 01867-4613
    View Details
  • Value Estimation
    $1,355,000
    7,664 SF
    22 Woburn St
    OFFICE BUILDING
    22 Woburn St, Reading, MA 01867-3026
    View Details
  • Value Estimation
    $500,000
    6,596 SF
    632 Main St
    OFFICE BUILDING
    632 Main St, Reading, MA 01867
    View Details

Similar Nearby for Sale

  • $4,100,000
    20,000 SF
    Reading Center Office Building Sale
    20,000 SF building in Reading Center, Massachusetts.
    580 Main Street, Reading, MA 01867
    View Details
  • New
    $799,000
    1,603 SF
    Mixed-Use Property with Salon
    A two-bedroom residence sits above a street-level salon space with existing styling stations and wash basins.
    400 Main St, Reading, MA 01867
    View Details
  • New
    Contact for pricing
    564 SF
    Downtown Office Suite with Parking
    Lower-level office suite with a private waiting room, reception area, multiple offices, and client parking.
    36 Woburn St Unit LL5, Reading, MA 01867
    View Details

Similar Nearby for Lease

  • Contact for pricing
    Updated Office Suite in Reading
    Updated office suite with open space, private offices, kitchenette.
    123 Haven St, Reading, MA 01867
    View Details
  • Contact for pricing
    4,425 sqft
    Full-Floor Office Space
    Full-floor office space with a strong window line, building facade signage, and dedicated parking plus nearby public parking.
    180 Haven St, Reading, MA 01867
    View Details
  • $1,500/Mo
    600 sqft
    Second-Floor Office Unit
    Built-out office space with a reception area and private office near shops, services, and I-95.
    580 Main St, Reading, MA 01867
    View Details
  • $1,100/Mo
    560 sqft
    Five-Room Office Suite
    Lower-level office suite with private reception, waiting, workrooms, and bathroom.
    36 Woburn St LL5, Reading, MA 01867
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
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