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Property profile

262-264 Broadway Methuen, MA 01844

OFF-MARKET
Other investment properties
Property ID
US38-0543646
0.43 ac lot
Last sale Jul 2023 · $1,400,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years.
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Property summary

AI-generated overview

The property is a stately, centrally located professional office building configured to accommodate multiple uses, including business, retail, and community services. It includes multiple individual units, including two adjoining units that can be combined or used separately, with unit sizes averaging approximately 11 feet by 17 feet; a separate three-room unit provides direct access to the parking lot for client privacy. Many units feature finished hardwood floors and non-operational…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$1.26M
Assessed land$179k
Assessed improvement$1.08M

Value estimate

· Oct 2026
$1.11M
$999k – $1.22M
AI approach$1.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$121 – $240

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
CBD Central Business District. The Central Business District is composed of all those areas so designated on the official zoning map. It ...
General categoryCOMMERCIAL
JurisdictionMETHUEN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Catering Service8.8
Shoe Repair8.6

Location

262-264 Broadway Methuen, MA 01844
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Broadway, Methuen, MA 01844-3814 $800,000 Jan 2026 2,923 SF
27 Independence, Methuen, MA 01844-5723 $31,500,000 Oct 2025 No data
149 Merrimack, Methuen, MA 01844-6114 $425,000 Jul 2024 2,400 SF
80 Myrtle, Methuen, MA 01844-1308 $1,450,000 May 2024 No data
77 Howe, Methuen, MA 01844-3240 $171,000 Apr 2024 2,395 SF
36 Hampshire, Methuen, MA 01844 $300,001 Apr 2024 2,626 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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