58 Concord St North Reading, MA 01864-2602
Property Lookup
Property profile & analytics
58 Concord St North Reading, MA 01864-2602
- Office buildings
- 9,360 SF
- 1.42 lot acres
Property ID
US38-0399740
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.
Location Intelligence
Current Use by Public Records
- Psychotherapy Associates / Psychotherapist
- Richard T. Kaufman, MSW / Physician
- Dr. Donna Whipple / Psychotherapist / Doctor
- Billing Advantage, Inc / Medical Billing Service
- Hilary Clausius / Counselor
Property Details for 58 Concord St
- Year built
- 1968
- Lot size
- 1.42 lot acres
- Property size
- 9,360 SF
- Zone code
- IB
- Property type
- Office buildings
- APN
- NREA M:019.0 B:0000 L:0014.0
- APU
- NREAM0190B0000L00140
Description
This exceptional 9,600 square foot, two-story office building is available for lease at 58 Concord Street in North Reading, MA. Built in 1968 and renovated in 2000, this single-tenant property sits on 1.42 acres of land and offers ample parking with approximately 38 spaces. The building features a functional layout including seven offices, a conference room, kitchen, two restrooms, and file storage on the first floor. The second floor boasts 19 private offices, two additional restrooms, and another conference room. A total of four restrooms are available across both floors, along with a convenient shower and break room with kitchenette. Note that there is no elevator in this building. An attractive feature is a separate, fenced-in 15,000+ square foot contractor yard area, available for lease at an additional cost. This property is ideally situated approximately one mile from the Concord Street exit on Route 93, providing easy access to Route 93. The building is zoned for industrial office use and is projected to be available for occupancy around July/August 2024. This presents a unique opportunity for a business seeking a substantial, well-maintained office space with convenient amenities and ample parking.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,320,000
- ML approach
- $2,330,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,720,000
- AI Estimate
- $1,624,000
Market price range: $1.49M - $3.05MMarket price range: $1.29M - $2.95M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,270,000 Current use
- RESTAURANT
- $2,715,000 Change: +20% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,635,000 Change: +16% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,595,000 Change: +14% Conversion: Difficult
- RETAIL STORES
- $2,525,000 Change: +11% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,420,000 Change: +7% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,155,000 Change: -5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Reading
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1225
- Latitude
- 42.5602
- 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
$16,874
$484,300
$793,100
$1,277,400
-
$0.00
$0.00
$0.00
