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    Property profile & analytics

    50 Walkers Brk Dr Reading, MA 01867-3224

    • Retail properties
    • 262,220 SF
    • 11.79 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0538247
    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

    • Jordan's Furniture Reading / Furniture Store / Mattress Store
    • Fuddruckers / Caterer / American Restaurant
    • Crossing At Walkers Brook / Business Center
    • ATM / Atm
    • It at Beantown Adventure Ropes Course / Amusement Center

    Property Details for 50 Walkers Brk Dr

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    11.79 lot acres
    Property size
    262,220 SF
    Property type
    Retail properties
    APN
    READ M:018.0-0702-0003.0
    APU
    READM0180070200030

    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
    -71.0904
    Latitude
    42.5205
    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
    $377,887
    $0.00
    $29,248,200
    $29,248,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,426 SF

      15 Bolton St

      DEPARTMENT STORE • 13,426 SF
      15 Bolton St, Reading, MA 01867-3253
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    • Value Estimation by Request
      7,807 SF

      100 Main St

      NURSERY, GREENHOUSE, FLORIST • 7,807 SF
      100 Main St, Reading, MA 01867-3921
      View Details
    • Value Estimation
      $5,620,000
      28,956 SF

      1342 Main St

      DEPARTMENT STORE • 28,956 SF
      1342 Main St, Reading, MA 01867-1137
      View Details
    • Value Estimation by Request
      9,117 SF

      18 Woburn St

      Individual retail properties • 9,117 SF
      18 Woburn St, Reading, MA 01867
      View Details
    • Value Estimation by Request
      5,000 SF

      557 Main St

      Retail properties • 5,000 SF
      557 Main St, Reading, MA 01867
      View Details
    • Value Estimation by Request
      7,632 SF

      172 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,632 SF
      172 Main St, Reading, MA 01867-3924
      View Details

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    • New
      $149,900
      3.85 Acres

      Reading, MA Land Opportunity

      Land with future potential in Reading, Massachusetts.
      Off Charles St, Reading, MA 01867
      View Details
    • $899,000
      2.00 Acres

      Buildable Lots in Desirable Reading

      Two buildable lots with approved plans near downtown Reading.
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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.
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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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      Versatile Space in Vibrant Town

      Bright, flexible space in Reading's town center, suitable for various uses.
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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
      View Details
    • $800 /Mo

      Prime Office Space Available

      Office space in Route 93 Corridor, ideal for professionals.
      274 Main St, Reading, MA 01867
      View Details

    Property Visit Statistics

    • Visits by month
      146.4k
    • Visitors by month
      90.2k
    • Avg Time on site
      40 min
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    50 Walkers Brk Dr
    Reading, MA 01867-3224
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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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