Technical
Financial
Distress signals
Property profile

240 Concord Ave Cambridge, MA 02138

OFF-MARKET
Investment properties
Property ID
US38-2173834
3,753 SF 0.11 ac lot Built 1906
Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1906
Construction FRAME
Total area 3,753 SF
Lot 0.11 ac (4,701 SF)
Zoning code BA-1
APN CAMB M:00230 L:00046
UPID US38-2173834

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
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Crisis Center Medical Clinic
  • Consultant

Location

240 Concord Ave Cambridge, MA 02138-1447
Cambridge metro Census 354400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k

Owner & transaction history

since 2014
1 recorded transaction
2014
$525,000

Zoning & alternative use

BA-1 · Cambridge, MA
Zoning description

The purpose of the BA-1 district is to promote office of a physician, dentist or other medical practitioner not located in a clinic, real estate, insurance or other agency office, general office use, bank, trust company…

General category COMMERCIAL

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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