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Property profile & analytics
OFF-MARKET
Estimated value
$5,805,000
Showrooms
90 Main St, North Reading, MA 01864-5004
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1376240
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Total area
51,888 SF
Lot
8.82 ac (384,199 SF)
Zoning code
HB
APN
NREA M:024.0 B:0000 L:0004.0
UPID
US38-1376240
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
Current use
Occupant on record · Public records
-
Cofer Associates, Inc. Construction Company General Contractor
-
Alpha Omega Music Studios Recording Studio
-
Sisters Nail & Spa Nail Salon
-
R L Snyder Paving Co General Contractor Construction Company
-
Glenns Ammo And Reloading Gun Shop Ammunition Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$5.81M
Owner & transaction history
Clc RT · 12 yrs held
Clc RT
since 2013
7 recorded transactions
Zoning & alternative use
HB · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.81M
Range $5.22M – $6.39M · ±10%
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
$112 / 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
$71,921
Tax year 2024
Assessed value
$5,444,400
Assessed 2024
Previous assessed
$5,095,500
+6.8% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,198,400
Assessed improvement
$3,246,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Buildings
6
Total area
51,888 SF
Lot
8.82 ac (384,199 SF)
Zoning code
HB
APN
NREA M:024.0 B:0000 L:0004.0
UPID
US38-1376240
Jurisdiction
NORTH READING
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · North Reading, MA
Zoning HB · permitted uses
HB · 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
6
Lot
8.82 ac
Current owner
From public records · entity-resolved
Clc RT
Individual
Mailing address
90 MAIN ST, NORTH READING, MA 01864-5004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2013
—
Clc RT
—
Deed Of Trust
related
$1,350,000 · Reading Cp Bank
Dec 13, 2013
—
Clc RT
—
Deed Of Trust
related
$2,650,000 · Reading Cp Bank
Mar 13, 2009
—
James T Lynch
—
Deed Of Trust
related
$1,200,000 · Savings Bank
Sep 30, 1994
—
Clc RT
—
Deed Of Trust
related
$1,460,000 · Northmark Bank
Mar 28, 1989
—
Clc RT
—
Deed Of Trust
related
$725,000 · Northmark Bank
Apr 19, 1988
—
Clc RT
—
Deed Of Trust
related
$50,000 · Northmark Bank
Jul 7, 1987
—
Clc Realty Trust
—
Deed Of Trust
related
$900,000 · Lawrence Savings Bank
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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