Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    141 White St Haverhill, MA 01830

    • Retail space
    • 2,278 SF
    • 0.10 lot acres
    OFF-MARKET
    Last Sale
    Aug 05, 2022
    $130,000
    Value Estimations
    $140,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1156330
    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

    • Retail space

    Property Details for 141 White St

    Year built
    1951
    Construction
    STEEL FRAME
    Lot size
    0.10 lot acres
    Property size
    2,278 SF
    Zone code
    TY
    Property type
    Retail space
    APN
    HAVE M:0109 B:00020 L:17
    APU
    HAVEM0109B00020L17

    Description

    This exceptional commercial property at 141 White Street in Haverhill, Massachusetts, presents a compelling investment opportunity. Priced at $625,000, this property sits on a 0.1-acre lot and offers a versatile space ideal for a variety of retail businesses. Its strategic location less than a mile from downtown Haverhill ensures high visibility and accessibility. The property benefits from its proximity to public transportation options, including the commuter rail, and major highways, providing convenient access for both employees and customers. Recent renovations have significantly enhanced the property's functionality and appeal. These upgrades include a complete overhaul of the electrical and plumbing systems, ensuring a modern and efficient space ready for immediate occupancy. The property is move-in ready, eliminating the need for extensive pre-opening renovations and allowing businesses to focus on their core operations. This combination of a desirable location, recent improvements, and competitive pricing makes this property an attractive proposition for entrepreneurs seeking a thriving commercial space in a vibrant community. The property's updated infrastructure and convenient access points make it an excellent choice for businesses seeking a seamless transition into a new location. Don't miss this chance to secure a prime commercial space in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $135,000
      ML approach
      $180,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $206,000
      Market price range: $109k - $375k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0784
    Latitude
    42.7799
    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
    $4,834
    $149,500
    $100,300
    $249,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $780,000
      3,373 SF

      364 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,373 SF
      364 Main St, Haverhill, MA 01830-4008
      View Details
    • Value Estimation
      $85,000
      660 SF

      799 Amesbury Rd

      RETAIL STORES (PERSONAL SERVICES) • 660 SF
      799 Amesbury Rd, Haverhill, MA 01830-1708
      View Details
    • Value Estimation
      $345,000
      8,813 SF

      24 Emerson St

      RETAIL STORES (PERSONAL SERVICES) • 8,813 SF
      24 Emerson St, Haverhill, MA 01830-6104
      View Details
    • Value Estimation
      $26,995,000
      21,100 SF

      127 Merrimack St

      RETAIL STORES (PERSONAL SERVICES) • 21,100 SF
      127 Merrimack St, Haverhill, MA 01830
      View Details
    • Value Estimation
      $190,000
      3,930 SF

      84 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,930 SF
      84 Locust St, Haverhill, MA 01830-5620
      View Details
    • Value Estimation
      $540,000
      8,670 SF

      296 Main St, Unit 304

      RETAIL STORES (PERSONAL SERVICES) • 8,670 SF
      296 Main St, Haverhill, MA 01830-5045
      View Details

    Similar Nearby for Sale

    • $249,900
      1,133 SF

      Main Street Retail/Office Opportunity

      Retail storefront and updated office spaces near 495 expressway.
      1148 Main St, Haverhill, MA 01830
      View Details
    • Contact for pricing
      2,940 SF

      Freestanding Building with Drive-Thru

      Freestanding building with drive-thru on a full acre.
      860 S Main St, Haverhill, MA 01830
      View Details
    • $1,200,000

      Haverhill Commercial Space For Sale

      Versatile commercial property in prime location suitable for various uses.
      1 Ginty Blvd, Haverhill, MA 01830
      View Details
    • $879,000

      Established Business Opportunity

      Commercial property with high visibility and versatile space.
      746 Amesbury Rd, Haverhill, MA 01830
      View Details
    • $649,900

      Haverhill Three-Unit Building For Sale

      Three-unit building with parking lot and immediate occupancy potential.
      434 Main St, Haverhill, MA 01830
      View Details
    • $650,000

      Versatile Two-Family Property with Attic

      Two-family property with finished attic, ideal for investment.
      288 Primrose St, Haverhill, MA 01830
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr

      Downtown Haverhill Retail Spaces Available

      Renovated retail spaces in downtown Haverhill, ranging from 513-1,053 SF.
      84 Locust St, Haverhill, MA 01830
      View Details
    • $1,200 /Mo
      879 SF

      Haverhill Retail or Office Space

      879 sq ft unit suitable for retail or office.
      37 Stevens St, Haverhill, MA 01830
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Haverhill

      New retail development with high visibility and ample parking.
      130 Main St, Haverhill, MA 01830
      View Details
    • $1,600 /Mo

      Storefront/Office Space Near Downtown

      Storefront/office/retail space near downtown Haverhill available for rent.
      94 River St, Haverhill, MA 01830
      View Details
    • $24 SF/Yr
      3,525 SF

      Versatile Space with River Views

      Office, retail, or restaurant space with parking and green space.
      2-20 Merrimack St, Haverhill, MA 01830
      View Details
    • Contact for pricing
      63,203 SF

      Haverhill Retail Center Investment

      Prime Haverhill retail space, strong anchors.
      223 Lincoln Ave, Haverhill, MA 01830
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    141 White St
    Haverhill, MA 01830
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.