Financial
Distress signals
Property profile

583 Chestnut St Lynn, MA 01904

OFF-MARKET
Showrooms
Property ID
US38-1744149
14,833 SF 0.82 ac lot Built 1900
Last sale May 1996 · $480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$1.61M
Assessed land$768k
Assessed improvement$842k
Effective rate2.02%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$570k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$69 – $217
Qualifying comparables10

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?
BD
JurisdictionLYNN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.3
Parking Facility16.4
HVAC Service11.7

Location

583 Chestnut St Lynn, MA 01904-2600
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Locust, Lynn, MA 01904-2944 $13,100,000 May 2025 75,900 SF
522 Chestnut, Lynn, MA 01904-2717 $1,925,000 Mar 2024 11,400 SF
45 Boston, Lynn, MA 01904-2524 $720,000 May 2021 6,184 SF
225 Western, Lynn, MA 01904-2745 $598,000 Jan 2021 2,999 SF
190 Locust, Lynn, MA 01904-2977 $900,000 Sep 2020 14,240 SF
25-27 Boston, Lynn, MA 01904 $890,000 May 2019 6,720 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 583 Chestnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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