Property profile

231 Main St North Reading, MA 01864

OFF-MARKET
Gas stations
Property ID
US38-0399296
2,604 SF 1.13 ac lot Built 1999
Entity Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1999
Total area 2,604 SF
Lot 1.13 ac (49,005 SF)
Zoning code HB
APN NREA M:013.0 B:0000 L:0001.0
UPID US38-0399296

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Gas Station
  • Gas Station
  • Atm Bank

Location

231 Main St North Reading, MA 01864-3104
North Reading metro Census 330201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2003
2 recorded transactions
2003
$1.3M
2000
Price N/A

Zoning & alternative use

HB · North Reading, MA
Zoning description

Highway Business (HB) District. § 200-40 Industrial/Office (I/O-1) District. § 200-32 Applicability. Except as otherwise provided in this Zoning Bylaw, no building, structure or land shall be used for a purpose other tha…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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