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Financial
Distress signals
Property profile

291 Main St North Reading, MA 01864

OFF-MARKET
Industrial properties
Property ID
US38-0845923
14,229 SF 2.32 ac lot
Last sale Jul 2002 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,012 square foot retail space is ideally situated on Route 28 in North Reading, Massachusetts, offering unparalleled visibility and accessibility. Located in a thriving commercial area, this single-tenant space is currently a "vanilla box," providing a blank canvas for customization to suit a variety of retail or office uses. Its prime location ensures high foot traffic and excellent brand exposure. The property benefits from adjacency to a high-performing Dunkin',…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$67k
Tax billed · 2024
Assessed value$5.08M
Assessed land$657k
Assessed improvement$4.42M
Effective rate1.32%

Value estimate

· Oct 2026
$3.00M
$2.70M – $3.29M
CAP approach$2.33M
Submarket $/SF estimate$3.62M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254
Qualifying comparables5

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?
RB
The intent of the zone to promote Residence districts are so designated to provide satisfactory areas for persons to reside, away from th...
General categoryCOMMERCIAL
JurisdictionNORTH READING

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.8
Barber Shop8.6
Carpet & Flooring Store8.5

Location

291 Main St North Reading, MA 01864-1301
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
79 Concord, North Reading, MA 01864 $3,500,000 Dec 2025 6,908 SF
126 Main St, North Reading, MA 01864-2294 $270,000 Oct 2023 2,002 SF
50 Concord, North Reading, MA 01864-2602 $3,600,000 May 2022 5,892 SF
80 Concord, North Reading, MA 01864-2607 $1,770,000 May 2021 23,880 SF
230 Main, North Reading, MA 01864-3112 $310,000 Apr 2021 11,520 SF
55 Concord, North Reading, MA 01864-2640 $3,520,000 Jun 2019 60,800 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
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