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    Property profile & analytics

    320 Main St North Reading, MA 01864-1329

    • Investment properties
    • 1,632 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US38-1303552
    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

    • Investment properties

    Property Details for 320 Main St

    Year built
    1953
    Construction
    CONCRETE
    Lot size
    0.30 lot acres
    Property size
    1,632 SF
    Zone code
    HB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NREA M:012.0 B:0000 L:0063.0
    APU
    NREAM0120B0000L00630

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $245,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $295,000
      Mixed-Use
      $230,000
      Hospitality
      $245,000
      Educational
      $290,000
      Residential Income
      $245,000
      Energy
      $310,000
      Income-Based Land
      $285,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    North Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1207
    Latitude
    42.5969
    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
    $7,178
    $343,400
    $200,000
    $543,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,870 SF

      132 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,870 SF
      132 Park St, North Reading, MA 01864-2572
      View Details
    • Value Estimation
      $1,395,000
      3,402 SF

      299 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,402 SF
      299 Main St, North Reading, MA 01864-1370
      View Details
    • Value Estimation by Request
      2,496 SF

      279 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,496 SF
      279 Main St, North Reading, MA 01864-1364
      View Details
    • Value Estimation by Request
      4,408 SF

      24 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,408 SF
      24 Main St, North Reading, MA 01864-2228
      View Details
    • Value Estimation by Request
      6,984 SF

      19 Bow St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,984 SF
      19 Bow St, North Reading, MA 01864-2553
      View Details
    • Value Estimation
      $685,000
      2,706 SF

      131 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,706 SF
      131 Park St, North Reading, MA 01864-2542
      View Details

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      Equestrian Property with Barn and Home

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    Similar Nearby for Lease

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      40,280 SF

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    • $1,500 /Mo

      Medical/Office/Retail Space in North Reading

      Turn-key medical/office/retail space in ideal North Reading location.
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      Route 28 Retail/Office Space

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    • $1.00 SF/Yr

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    320 Main St
    North Reading, MA 01864-1329
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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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