72 Leonard St Belmont, MA 02478-2519
Property profile & analytics
72 Leonard St, Belmont, MA 02478-2519
- Banks
- 0.23 lot acres
Property ID
US38-0744622
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
- Merrill Lynch / Loan Service / Bank
- Bank of America ATM / Atm
- Bank of America Mortgage / Loan Service / Bank
Property Details for 72 Leonard St
- Lot size
- 0.23 lot acres
- Zone code
- LB1
- Property type
- Banks
- APN
- BELM M:34 P:000168 S:
- APU
- BELMM34P000168S
Description
This exceptional retail opportunity in Belmont, Massachusetts, presents a unique chance to establish a presence in a high-income market. Located at 72 Leonard Street, this freestanding property boasts approximately 2,500 square feet of ground-level space, complemented by a full basement. A key advantage is its exclusive drive-thru capability, a rare feature in downtown Belmont. The property also includes a private parking lot, enhancing customer convenience. The surrounding area demonstrates significant financial strength, with over $1 billion in bank deposits (2022 data) from three existing banks in the immediate vicinity. The average household income within a one-mile radius exceeds $243,000, indicating a strong consumer base with high purchasing power. This single-tenancy property is currently vacant and ready for immediate occupancy, making it an ideal location for a variety of retail businesses, particularly those that would benefit from a drive-thru option. The property's strategic location and unique features make it a compelling investment prospect in a thriving and affluent community. The zip code is 02478.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,925,000
- ML approach
- $1,740,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1753
- Latitude
- 42.398
- 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
$20,275
$1,577,000
$343,000
$1,920,000
-
$0.00
$0.00
$0.00
