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Property profile & analytics

386 Merrimack St Ste 1a Methuen, MA 01844-5886

  • Office Properties & Spaces
  • 4,662 SF
OFF-MARKET
Value Estimations
$360,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-2168447
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

  • Maureen Norman, DO / Family Practice Physician
  • Suzanne Saindon / Internist
  • Sangita Agarwal / Family Practice Physician
  • Dennis Lawrence Ryan / Podiatrist
  • Dr. Risa Schulman / Family Practice Physician

Property Details for 386 Merrimack St Ste 1a

Year built
2013
Construction
FRAME
Property size
4,662 SF
Zone code
BH
Property type
Office Properties & Spaces
APN
METH M:01109 B:00078E L:00131A
APU
METHM01109B00078EL00131A

Description

This 2,246-square-foot office space, located at 386 Merrimack Street, Unit 2B, Methuen, MA 01844, is situated in a Class A, three-story building constructed in 2013. The building boasts a total of 47,308 square feet and sits on a 2.5-acre lot, providing ample parking with over 200 spaces available on a first-come, first-served basis. The unit is currently in white box condition, featuring insulated walls (R-19), sheetrock, taped and mudded walls ready for painting, basic electrical work compliant with code, drop boxes on the ceiling, and an HVAC system with ductwork and ceiling grid (excluding tiles). Two bathrooms are conveniently located within the suite. The property is serviced by municipal water, sewer, and natural gas. This single-tenant space is ideal for a variety of professional uses, including executive, medical, or traditional office settings. A minimum five-year lease term is required, structured as a NNN lease. Monthly condo fees are $421.00, with tenants responsible for utilities, taxes, and insurance. Unit fit-up options are available. The building is zoned BH and has two elevators. The property's APN is 1109-78E-13-2B.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $360,000

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


Location Insight

  • Map
  • Local Demand
City
Methuen
County
Essex
State
Massachusetts
Longitude
-71.1288
Latitude
42.7482
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
$13,007
$0.00
$619,400
$619,400
-
$0.00
$0.00
$0.00
More about this property
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