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Property profile & analytics
OFF-MARKET
Estimated value
$8,775,000
Commercial real estate
275 Frst Rdg Rd, Concord, MA 01742-3830
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1078397
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
33.05 ac (1,439,658 SF)
Zoning code
I
APN
CONC M:12B B:2970 L:1-5
UPID
US38-1078397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.78M
Owner & transaction history
Thoreau Real Estate LLC · 4 yrs held
Thoreau Real Estate LLC
since 2022
Last sale
$8.9M
6 recorded transactions
Zoning & alternative use
I · Concord, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,585,000
ML approach
$8,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.78M
Range $7.90M – $9.65M · ±10% · vs last sale $8.85M (May 4 2022)
Last sale anchor
$8.85M
May 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$117,508
Tax year 2023
Assessed value
$9,959,800
Assessed 2024
Previous assessed
$9,959,800
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,026,900
Assessed improvement
$6,932,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
1
Lot
33.05 ac (1,439,658 SF)
Zoning code
I
APN
CONC M:12B B:2970 L:1-5
UPID
US38-1078397
Jurisdiction
CONCORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Concord, MA
Zoning I · permitted uses
I · Concord, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
1
Lot
33.05 ac
Current owner
From public records · entity-resolved
Thoreau Real Estate LLC
Entity
Mailing address
275 FRST RDG RD, CONCORD, MA 01742-3830
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$8,850,000
Thoreau Real Estate LLC
Camp Thoreau INC
Quit Claim Arm's Length For Ne States
$7,080,000 · Berkshire Bank
May 4, 2022
—
Camp Thoreau INC
Thoreau RT
Quit Claim Deed
related
—
Jul 14, 2017
$2,650,000
Black Birch 2 Dev Ptnr
Thoreau RT
Quit Claim Arm's Length For Ne States
$4,620,000 · Salem Five Cents Savings Bank
Aug 20, 2015
$4,100,000
Black Birch Dev Partne
Thoreau RT
Quit Claim Arm's Length For Ne States
$5,552,200 · Salem Five Cents Savings Bank
May 29, 2013
—
Thoreau RT
—
Deed Of Trust
related
$400,000 · Middlesex Savings Bank
Feb 29, 2000
—
Thoreau RT
—
Deed Of Trust
related
$7,800,000 · Middlesex Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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