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    Property profile & analytics
    OFF-MARKET Estimated value $8,440,000
    Showrooms

    86 Baker Ave, Concord, MA 01742-2203

    42,606 SF 3.92 ac lot Built 1986
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-1041936
    Property summary
    AI-generated overview

    This three-story, 38,881 square foot Class B office building at 86 Baker Avenue in Middlesex County offers a variety of spaces ideal for traditional, executive, or medical office uses. Built in 1988 and extensively renovated in 2016, the property boasts 190 parking spaces and convenient access to Route 2 and the commuter rail. The building features multiple tenants and offers flexible space options, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 11,527 square feet. Four spaces are currently available. Existing medical office space includes exam rooms and plumbing already in place, making it a turnkey solution for medical practices. Recent renovations include updated common areas and bathrooms. The property sits on 3.35 acres of land, offering abundant parking and an excellent opportunity for exterior signage overlooking Route 2. Its location within a medical cluster and walking distance to West Concord shops provides a desirable and convenient setting for businesses. The building is zoned L. The responsive local ownership and property management ensure a positive tenant experience.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1986
    Construction CONCRETE
    Total area 42,606 SF
    Lot 3.92 ac (170,755 SF)
    Zoning code L
    APN CONC M:9E B:3796 L:2
    UPID US38-1041936
    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
    by Request
    CAP Approach CAP
    $10.82M
    Comparable Approach Comparable
    $8.00M
    Blend (final) Blend
    $8.44M
    Owner & transaction history
    86 Baker LLC · 7 yrs held
    86 Baker LLC
    since 2019
    4 recorded transactions
    2025
    2019
    $7.3M
    2015
    $2.7M
    2014
    $2.3M
    Zoning & alternative use
    L · Concord, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $12.4M +12.4%
    Auto repair, garage $12.0M +8.9%
    Neighborhood: shopping center $11.8M +7.2%
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