Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

271 Main St North Reading, MA 01864

OFF-MARKET
Super regional malls
Property ID
US38-1087918
124,741 SF 13.35 ac lot
Last sale Dec 2004 · $16,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail space, located at 271 North Main Street in North Reading, Massachusetts, offers a fantastic opportunity for businesses seeking a prominent location in Middlesex County. The entire 1,650 square foot building is currently available for lease, presenting a blank canvas for a new tenant to customize and develop. The property is classified as commercial retail with multiple tenancy potential, making it ideal for a variety of uses. Its convenient location on North Main…

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?
$264k
Tax billed · 2024
Assessed value$19.96M
Assessed land$7.14M
Assessed improvement$12.82M
Effective rate1.32%

Value estimate

· Oct 2026
$18.52M
$16.67M – $20.37M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$277/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$70 – $457

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.4
HVAC Service11.0
Wholesale Shop10.3

Location

271 Main St North Reading, MA 01864-1301
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

1 recorded sale · 11 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
35 Main, North Reading, MA 01864-2204 $1,200,000 Feb 2020 18,724 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 271 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again