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    Property profile & analytics

    248 Ash St Reading, MA 01867-3625

    • Industrial land
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 17, 2022
    $810,000
    Location Intelligence
    Property ID
    US38-0740713
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A&A Tree Service / Tree Service / Crane Service

    Property Details for 248 Ash St

    Lot size
    0.60 lot acres
    Zone code
    IND
    Property type
    Industrial land
    APN
    READ M:012.0-0000-0121.0
    APU
    READM0120000001210

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0999
    Latitude
    42.5171
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,923
    $458,400
    $0.00
    $458,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      22 Lakeview Ave

      INDUSTRIAL - VACANT LAND • 0.62 Acres
      22 Lakeview Ave, Reading, MA 01867-3233
      View Details
    • Value Estimation by Request
      0.56 Acres

      New Xing Rdb

      INDUSTRIAL - VACANT LAND • 0.56 Acres
      New Xing Rdb, Reading, MA 01867
      View Details
    • Value Estimation by Request
      0.36 Acres

      240 Main St

      VACANT COMMERCIAL LAND • 0.36 Acres
      240 Main St, Reading, MA 01867-3604
      View Details
    • Value Estimation by Request
      0.02 Acres

      Harnden St

      VACANT COMMERCIAL LAND • 0.02 Acres
      Harnden St, Reading, MA 01867
      View Details
    • Value Estimation by Request
      0.23 Acres

      200 Ash St

      VACANT COMMERCIAL LAND • 0.23 Acres
      200 Ash St, Reading, MA 01867-3623
      View Details
    • Value Estimation by Request
      0.29 Acres

      8 Torre St

      VACANT COMMERCIAL LAND • 1,025 SF
      8 Torre St, Reading, MA 01867-2720
      View Details

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    Similar Nearby for Lease

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      Office Space Near Tewksbury Center

      Modern office space with high visibility and convenient highway access.
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      Adaptable space in a vibrant downtown location, suitable for various businesses.
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      2164+SqFt space in Reading's vibrant town center available for lease.
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      Versatile Space in Vibrant Town

      Bright, flexible space in Reading's town center, suitable for various uses.
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    • $800 /Mo

      Prime Office Space Available

      Office space in Route 93 Corridor, ideal for professionals.
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      View Details
    Request Owner's contact information
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    248 Ash St
    Reading, MA 01867-3625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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