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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Office buildings
72 Concord St, North Reading, MA 01864-2607
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1089540
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
11,478 SF
Lot
0.92 ac (39,988 SF)
Zoning code
IB
APN
NREA M:002.0 B:0000 L:0005.0
UPID
US38-1089540
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
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.34M
Owner & transaction history
S&s Realty Group LLC · 4 yrs held
S&s Realty Group LLC
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
IB · North Reading, 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 North Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Reading 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
$1,285,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.40M (Jul 15 2021)
Last sale anchor
$1.40M
Jul 15 2021
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
$117 / 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
$17,605
Tax year 2024
Assessed value
$1,332,700
Assessed 2024
Previous assessed
$1,248,900
+6.7% YoY
Effective rate
1.32%
On assessed value
Assessed land
$474,500
Assessed improvement
$858,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Heating
NONE
Buildings
5
Total area
11,478 SF
Lot
0.92 ac (39,988 SF)
Zoning code
IB
APN
NREA M:002.0 B:0000 L:0005.0
UPID
US38-1089540
Jurisdiction
NORTH READING
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IB · North Reading, MA
Zoning IB · permitted uses
IB · North Reading, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Reading. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
5
Lot
0.92 ac
Current owner
From public records · entity-resolved
S&s Realty Group LLC
Entity
Mailing address
24 SHASTA DR, NORTH READING, MA 01864-2900
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$1,400,000
S&s Realty Group LLC
72 Concord Street LLC
Quit Claim Arm's Length For Ne States
$910,000 · Savings Bank Trust
Oct 3, 2017
—
72 Concord Street LLC
Philips Trust 2
Quit Claim Deed
related
—
Oct 9, 2014
—
Philips 2 Trust
Inurna,mary C & Linda A
Quit Claim Deed
related
—
Feb 13, 2013
$1
Mary C Infurna
Philips RT
Grant Deed
related
—
Jun 17, 1992
$118,527
Philip C Infurna
Philips RT
Grant Deed
related
$118,527 · Zenon Grzybowski
May 28, 1992
—
Philip RT
—
Deed Of Trust
related
$341,250 · Shawmut
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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