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    Property profile & analytics

    740 Elm St Concord, MA 01742-2101

    • Hotels
    • 51,143 SF
    • 20.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0874680
    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

    • Hotels

    Property Details for 740 Elm St

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    20.41 lot acres
    Property size
    51,143 SF
    Zone code
    L
    Property type
    Hotels
    APN
    CONC M:8E B:1897
    APU
    CONCM8EB1897

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.385
    Latitude
    42.4665
    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
    $87,017
    $5,248,200
    $1,861,000
    $7,109,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      75,182 SF

      320 Baker Ave

      HOTEL • 75,182 SF
      320 Baker Ave, Concord, MA 01742-2129
      View Details
    • Value Estimation by Request
      2.71 Acres

      10 Concord Xing

      OFFICE/RESIDENTIAL (MIXED USE) • 2.71 Acres
      10 Concord Xing, Concord, MA 01742-3499
      View Details
    • Value Estimation by Request
      1.00 Acre

      12th Damonmill Sq

      INDUSTRIAL - VACANT LAND • 1.00 Acre
      12th Damonmill Sq, Concord, MA 01742-2840
      View Details
    • Value Estimation by Request
      20.20 Acres

      9th Fitchburg Tpke

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 20.20 Acres
      9th Fitchburg Tpke, Concord, MA 01742-5817
      View Details
    • Value Estimation by Request
      5.20 Acres

      442 Fitchburg Tpke

      OFFICE/RESIDENTIAL (MIXED USE) • 5.20 Acres
      442 Fitchburg Tpke, Concord, MA 01742-5804
      View Details
    • Value Estimation by Request
      1.78 Acres

      126 Lowell Rd

      COMMERCIAL (GENERAL) • 1.78 Acres
      126 Lowell Rd, Concord, MA 01742-1718
      View Details

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      Retail spaces available in dominant neighborhood shopping center.
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    740 Elm St
    Concord, MA 01742-2101
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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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