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    Property profile & analytics

    Cambridge Concord Hwy Lexington, MA 02421

    • Commercial land
    • 2.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2059685
    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

    • Commercial land

    Property Details for Cambridge Concord Hwy

    Year built
    1920
    Lot size
    2.50 lot acres
    Zone code
    RO
    Property type
    Commercial land
    APN
    LEXI M:0027 L:000004
    APU
    LEXIM0027L000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2663
    Latitude
    42.4329
    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
    $19,287
    $797,000
    $0.00
    $797,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      86,532 SF

      115 Hartwell Ave

      CONDOMINIUMS (INDUSTRIAL) • 86,532 SF
      115 Hartwell Ave, Lexington, MA 02421-3125
      View Details
    • Value Estimation by Request
      23,606 SF

      1 Maguire Rd

      OFFICE BUILDING • 23,606 SF
      1 Maguire Rd, Lexington, MA 02421-3114
      View Details
    • Value Estimation by Request
      1,576 SF

      1 Militia Dr, Unit 303

      CONDOMINIUM OFFICES • 1,576 SF
      1 Militia Dr, Lexington, MA 02421-4704
      View Details
    • Value Estimation by Request
      46,366 SF

      125 Spg St

      INDUSTRIAL (GENERAL) • 46,366 SF
      125 Spg St, Lexington, MA 02421-7801
      View Details
    • Value Estimation by Request
      8,648 SF

      31 Waltham St

      FINANCIAL BUILDING • 8,648 SF
      31 Waltham St, Lexington, MA 02421-5406
      View Details
    • Value Estimation by Request
      11,512 SF

      903 Waltham St

      DAY CARE, PRE-SCHOOL • 11,512 SF
      903 Waltham St, Lexington, MA 02421-7904
      View Details

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    Similar Nearby for Lease

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      69,154 SF

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      5,531 SF

      Lexington Office Space Available

      Office space for rent in Lexington, Massachusetts.
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    • Contact for pricing
      15,000 SF

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      Class A office and lab space with on-site amenities.
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    Cambridge Concord Hwy
    Lexington, MA 02421
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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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