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    Property profile & analytics

    95 Concord St North Reading, MA 01864-2601

    • Truck terminals
    • 40,280 SF
    • 10.44 lot acres
    OFF-MARKET
    Value Estimation
    $14,230,000
    Last Sale
    Mar 27, 2024
    $13,915,000
    Location Intelligence
    Property ID
    US38-0868940
    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

    • Truck terminals

    Property Details for 95 Concord St

    Lot size
    10.44 lot acres
    Property size
    40,280 SF
    Zone code
    IB
    Property type
    Truck terminals
    APN
    NREA M:002.0 B:0000 L:0010.0
    APU
    NREAM0020B0000L00100

    Description

    This exceptional 40,000-square-foot industrial property, located at 95 Concord St in North Reading, Massachusetts, presents a unique opportunity for a single tenant. Situated on a generous 10.4-acre lot in Middlesex County (zip code 01864), this versatile space boasts multiple uses, including executive office space, refrigerated/cold storage, manufacturing, and warehousing capabilities. The building features a substantial 18.8-foot ceiling height, providing ample vertical space for various operational needs. Logistics are streamlined with 71 loading docks, ensuring efficient handling of goods and materials. The entire 40,000 square feet is currently vacant and ready for immediate occupancy. This property is ideal for businesses requiring a large, well-equipped industrial space with significant storage and loading capacity. Its strategic location in North Reading offers easy access to major transportation routes, making it an attractive option for companies needing efficient distribution networks. The property's diverse functionality makes it suitable for a wide range of industrial and manufacturing operations. Don't miss this chance to secure a prime industrial space in a thriving Massachusetts location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $13,915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,680,000
      6.5%
      $14,025,000
      7%
      $15,255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,335,000
      Geo Method
      $14,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $16,165,000
      Retail
      $16,400,000
      Mixed-Use
      $14,355,000
      Hospitality
      $12,285,000
      Educational
      $12,485,000
      Residential Income
      $14,685,000
      Energy
      $16,980,000
      Income-Based Land
      $14,385,000
      Food Service
      $15,660,000

    Location Insight

    • Map
    • Local Demand
    City
    North Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1331
    Latitude
    42.56
    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
    $50,868
    $1,666,300
    $2,184,400
    $3,850,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      21,680 SF

      90 Concord St

      TRUCK TERMINAL (MOTOR FREIGHT) • 21,680 SF
      90 Concord St, North Reading, MA 01864-2607
      View Details
    • Value Estimation by Request
      30,660 SF

      91 Concord St

      TRUCK TERMINAL (MOTOR FREIGHT) • 30,660 SF
      91 Concord St, North Reading, MA 01864
      View Details
    • Value Estimation
      $1,670,000
      23,880 SF

      80 Concord St

      TRUCK TERMINAL (MOTOR FREIGHT) • 23,880 SF
      80 Concord St, North Reading, MA 01864-2607
      View Details
    • Value Estimation
      $270,000
      11,520 SF

      230 Main St

      BUS TERMINAL • 11,520 SF
      230 Main St, North Reading, MA 01864-3112
      View Details
    • Value Estimation by Request
      1,000 SF

      7 Bow St, Unit 6

      CONDOMINIUMS (INDUSTRIAL) • 1,000 SF
      7 Bow St, North Reading, MA 01864-2574
      View Details
    • Value Estimation by Request
      29,484 SF

      54 Concord St

      WAREHOUSE, STORAGE • 29,484 SF
      54 Concord St, North Reading, MA 01864-2602
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      40,280 SF

      Industrial Truck Terminal & Repair

      40,000 SF industrial truck terminal and repair garage for lease.
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    • Contact for pricing
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      North Reading Industrial Space

      Industrial space with direct Interstate 93 access, near Boston.
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      View Details
    • $5,800 /Mo

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      Medical/Office/Retail Space in North Reading

      Turn-key medical/office/retail space in ideal North Reading location.
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    • $3,500 /Mo

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    95 Concord St
    North Reading, MA 01864-2601
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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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