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Property profile & analytics
FOR LEASE
Office buildings
300 Baker Ave 300 Concord, MA 01742
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1211907
For Lease
1 / 3
$129-$17,713/Mo
300 Baker Ave,Unit 300, Concord, MA 01742
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
STEEL FRAME
Total area
417,293 SF
Lot
64.97 ac (2,830,093 SF)
Zoning code
I
APN
CONC M:9E B:3794 L:1
UPID
US38-1211907
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$49.66M
Blend (final)
Blend
$69.48M
Owner & transaction history
Cd 211 Prop LLC · 6 yrs held
Cd 211 Prop LLC
since 2020
Last sale
$74.5M
7 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
$79,250,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$69.48M
Range $62.53M – $76.43M · ±10% · vs last sale $74.50M (Apr 15 2020)
Last sale anchor
$74.50M
Apr 15 2020
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
$167 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$844,915
Tax year 2024
Assessed value
$69,029,000
Assessed 2024
Previous assessed
$69,029,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$19,720,800
Assessed improvement
$49,308,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1957
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
9
Bathrooms
9
Total area
417,293 SF
Lot
64.97 ac (2,830,093 SF)
Zoning code
I
APN
CONC M:9E B:3794 L:1
UPID
US38-1211907
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
Year built
1957
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
9
Bathrooms
9
Lot
64.97 ac
Current owner
From public records · entity-resolved
Cd 211 Prop LLC
Entity
Mailing address
2 INTERNATIONAL PL STE #2710, BOSTON, MA 02110-4102
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
$74,500,000
Cd 211 Prop LLC
300 Baker Owner LLC
Quit Claim Deed
$56,320,000 · Metlife R/e Lndg LLC
Dec 23, 2016
$64,500,000
300 Baker Owner LLC
Normandy 300 Baker LLC
Quit Claim Deed
related
$42,000,000 · East Boston Savings Bank
Aug 27, 2013
—
Normandy 300 Baker LLC
Normandy Concord Acquisit
Quit Claim Deed
related
$49,000 · Worth Funding INC
Feb 22, 2012
$1
Normandy Concord Bts LLC
Normandy Concord Acq LLC
Grant Deed
related
—
Feb 22, 2012
—
Normandy Concord Bts LLC
—
Grant Deed
related
$13,000,000 · Cambridge Savings Bank
Jul 29, 2010
—
Normandy Concord Acq LLC
—
Deed Of Trust
related
$31,000,000 · Capital One
Dec 14, 2006
$65,000,000
Normandy Conc Acquisit
300 Baker LLC
Deed
$9,999,999 · Barclays Cap Re INC
Nov 2, 2004
—
300 Baker LLC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Mortgage
Oct 1, 2004
$42,575,000
300 Baker LLC
Metropolitan Life Ins Co
Grant Deed
—
Oct 1, 1999
$47,750,000
Life Ins Metropolitan
300 Baker Ave Assocs
Grant Deed
—
Nov 24, 1998
—
300 Baker Ave Assoc LP
—
Deed Of Trust
related
$30,000,000 · Pnc Bank
Dec 16, 1996
$6,250,000
300 Baker Ave Assoc LP
Genrad INC
Grant Deed
—
Aug 17, 1994
—
William F Mulcahy JR.
—
Deed Of Trust
related
$8,000 · Youville Hospital Employee FCU
Jun 25, 1992
—
Genrad INC
—
Deed Of Trust
related
$12,000 · Zuckerman Family Nomi
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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