Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    367 S Main St Haverhill, MA 01830

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with utilities in place and high traffic count.

    Lot size:
    0.62 Acres

    Property Features for 367 S Main St

    General Information

    Lot size
    0.62 Acres

    We can help!

    Listing Contact
    Sam Varsano
    Source: Moodyscre

    Listing Agent: Sam Varsano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land on Route 125

    This commercial land parcel is positioned directly on Route 125, benefiting from a strong traffic count of 23,230 ADT. The site has city water, sewer, and electric already in place. It abuts a 153-unit multifamily development completed in 2024, as well as Cedardale Health and Fitness, a 300,000 square foot health and fitness club.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Haverhill Day Care ... Tutoring Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0822791
    Latitude
    42.7659056

    Nearby Similar for Sale

    • $1,200,000
      5,868 SF

      Haverhill Multi-Family Investment Opportunity

      Well-maintained four-unit building with strong rental income and updated amenities.
      13-15 Arlington St, Haverhill, MA 01830
      View Details
    • New
      $724,900
      2,842 SF

      Haverhill Multi-Family Residence

      Multi-family property with six bedrooms and a two-car garage.
      8 Fay Pl, Haverhill, MA 01830
      View Details
    • $1,149,900
      26.78 Acres

      Picturesque Georgetown Land Opportunity

      26.78 acres in Georgetown, ideal for estate or development.
      2 Tenney Ct, Haverhill, MA 01833
      View Details
    • New
      $525,000
      1,620 SF

      Mixed-Use Property in Haverhill, MA

      Mixed-use property with retail/office and residential units.
      219 River St, Haverhill, MA 01832
      View Details
    • $1,250,000
      4,107 SF

      Haverhill Apartments: Value-Add Potential

      Nine-unit apartment building in Haverhill with upgrade and expansion potential.
      17 Vine St, Haverhill, MA 01830
      View Details
    • $1,500,000
      6,313 SF

      Haverhill Multifamily Investment Opportunity

      Value-add multifamily property near downtown Haverhill and MBTA station.
      34 Grand Ave, Haverhill, MA 01830
      View Details
    • $785,000

      Haverhill Two-Family Investment Opportunity

      Updated two-family property with tenant in place until 2026.
      76-78 Marshland St, Haverhill, MA 01830
      View Details
    • $649,000

      Updated Two-Family Near Commuter Rail

      Updated two-family property near commuter rail and local amenities.
      1 Marion St, Haverhill, MA 01832
      View Details
    • $800,000

      Attractive Two-Family House in Haverhill

      Spotless two-family house near downtown, hospital, and transportation.
      33 Hamilton Ave, Haverhill, MA 01830
      View Details
    • $675,000

      Haverhill Two-Family Home For Sale

      Spacious two-family home in Haverhill with strong rental income potential.
      16 Fountain St, 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
    • $4,500,000

      Luxury Mixed-Use Property, Haverhill

      Renovated mixed-use property with commercial space and luxury apartments.
      2 Washington St, Haverhill, MA 01832
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with utilities in place and high traffic count.
    Where is this land located?
    The property is located at 367 S Main St Haverhill, MA.
    What are key features of this property?
    This property features: - High traffic count (23,230 ADT) on Route 125.; - Abuts a 153-unit multifamily development completed in 2024.; - Abuts Cedardale Health and Fitness, a 300,000 SF health and fitness club.
    (617) 239-3600
    Request Owner's contact information
    367 S Main St Haverhill, MA 01830
    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.
    367 S Main 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
    367 S Main St Haverhill, MA 01830
    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

    We can help!
    Listing Contact
    Sam Varsano
    (617) 239-3600
    Learn more
    Google sign-in failed. Please try again or use another login method.