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    Property profile & analytics

    39 Walkers Brk Dr Reading, MA 01867-3226

    • Turn key restaurants
    • 13,020 SF
    • 2.78 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0829681
    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

    • LongHorn Steakhouse / Steak House / Bar & Grill

    Property Details for 39 Walkers Brk Dr

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    2.78 lot acres
    Property size
    13,020 SF
    Zone code
    IND
    Property type
    Turn key restaurants
    APN
    READ M:017.0-0000-0016.0
    APU
    READM0170000000160

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0948
    Latitude
    42.5186
    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
    $82,631
    $2,630,700
    $3,764,900
    $6,395,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,334 SF

      413 Main St

      RESTAURANT • 3,334 SF
      413 Main St, Reading, MA 01867-3137
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      5,338 SF

      285 Main St

      RESTAURANT • 5,338 SF
      285 Main St, Reading, MA 01867-3603
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    • Value Estimation by Request
      5,407 SF

      530 Main St

      RESTAURANT • 5,407 SF
      530 Main St, Reading, MA 01867-3106
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    • Value Estimation
      $300,000
      2,439 SF

      2 Brande Ct

      RESTAURANT • 2,439 SF
      2 Brande Ct, Reading, MA 01867-2922
      View Details
    • Value Estimation by Request
      4,611 SF

      323 Main St

      RESTAURANT • 4,611 SF
      323 Main St, Reading, MA 01867-3616
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    • Value Estimation by Request
      6,562 SF

      126 Main St

      RESTAURANT • 6,562 SF
      126 Main St, Reading, MA 01867-3924
      View Details

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      Charming colonial building with approved variance for medical or wellness.
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      Reading, MA Land Opportunity

      Land with future potential in Reading, Massachusetts.
      Off Charles St, Reading, MA 01867
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    Similar Nearby for Lease

    • $5,500 /Mo

      Versatile Space in Reading Town

      Adaptable space in a vibrant downtown location, suitable for various businesses.
      11 Sanborn 1&2, Reading, MA 01867
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      Versatile Space in Reading Center

      2164+SqFt space in Reading's vibrant town center available for lease.
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    • $2,700 /Mo

      Versatile Space in Vibrant Town

      Bright, flexible space in Reading's town center, suitable for various uses.
      11 Sanborn 2, Reading, MA 01867
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    • $1,100 /Mo

      Office Space Near Tewksbury Center

      Modern office space with high visibility and convenient highway access.
      725 Main St, Tewksbury, MA 01867
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    • $800 /Mo

      Prime Office Space Available

      Office space in Route 93 Corridor, ideal for professionals.
      274 Main St, Reading, MA 01867
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    Property Visit Statistics

    • Visits by month
      15.0k
    • Visitors by month
      12.9k
    • Avg Time on site
      75 min
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    39 Walkers Brk Dr
    Reading, MA 01867-3226
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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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