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    Property profile & analytics

    1 State St, Unit 51 Lynn, MA 01901-1504

    • Super regional malls
    • 83,420 SF
    • 5.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0315474
    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

    • Lynn Appliance Repair Experts / Appliance Repair Service / Refrigerator Repair Service
    • Bank of America (with Drive-thru ATM) / Financial Planner / Financial Consultant
    • Bank of America ATM (Drive-thru) / Atm
    • Discount Tire Repair Parts / Contractor

    Property Details for 1 State St

    Year built
    1962
    Construction
    STEEL FRAME
    Lot size
    5.46 lot acres
    Property size
    83,420 SF
    Zone code
    CBD
    Property type
    Super regional malls
    APN
    LYNN M:068 B:730 L:005
    APU
    LYNNM068B730L005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9498
    Latitude
    42.4622
    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
    $211,309
    $4,372,100
    $6,099,100
    $10,471,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14,400 SF

      37 Market St, Unit 57

      REGIONAL SHOPPING CENTER, MALL • 14,400 SF
      37 Market St, Lynn, MA 01901-1004
      View Details
    • Value Estimation by Request
      31,306 SF

      147 Un St, Unit 183

      REGIONAL SHOPPING CENTER, MALL • 31,306 SF
      147 Un St, Lynn, MA 01901-1310
      View Details
    • Value Estimation by Request
      2,236 SF

      333 Lynnway, Unit 341

      RESTAURANT • 2,236 SF
      333 Lynnway, Lynn, MA 01901-1705
      View Details
    • Value Estimation by Request
      14,363 SF

      329-333 Un St

      RETAIL STORES (PERSONAL SERVICES) • 14,363 SF
      329-333 Un St, Lynn, MA 01901
      View Details
    • Value Estimation by Request
      2,193 SF

      395 Lynnway

      Retail properties • 2,193 SF
      395 Lynnway, Lynn, MA 01901
      View Details
    • Value Estimation
      $570,000
      14,936 SF

      168-172 Broad St

      RESTAURANT • 14,936 SF
      168-172 Broad St, Lynn, MA 01901
      View Details

    Similar Nearby for Sale

    • $2,199,000

      Free-Standing Commercial Building For Sale

      5,600 SF commercial building on a 15,000 SF corner lot.
      135 Pleasant St, Lynn, MA 01901
      View Details
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      Downtown Lynn Commercial Building

      Two-story commercial building with restaurant, bar, and office space.
      70 Market St, Lynn, MA 01901
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    • $775,000
      2,943 SF

      Lynn Retail Condo For Sale

      2,943 SF retail condo in Lynn's CBD zone.
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      View Details
    • $225,000

      Seaside Office Condominium with Views

      Third-floor office condo with ocean views in desirable seaside complex.
      152 Lynnway 3B, Lynn, MA 01901
      View Details
    • $3,100,000

      Stabilized Multifamily Asset in Lynn

      46 furnished SRO units with strong cap rate.
      374-378 Washington St, Lynn, MA 01901
      View Details
    • Contact for pricing

      Downtown Lynn Development Opportunity

      0.88-acre development site near MBTA station in Lynn, MA.
      380 Washington St, Lynn, MA 01901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,193 SF

      Retail Space on Lynnway

      Retail space with high traffic and convenient parking.
      391-415 Lynnway, Lynn, MA 01901
      View Details
    • $5,900 /Mo

      Downtown Lynn Retail/Office Space

      Ground floor space in Lynn's CBD district for rent.
      23 Farrar St, Lynn, MA 01901
      View Details
    • $3,000 /Mo

      High-Traffic Lynn Storefront for Lease

      Corner storefront in Lynn, ideal for restaurant or retail.
      250 Union St, Lynn, MA 01901
      View Details
    • $60 SF/Yr
      4,844 SF

      Prime Lynn Commercial Warehouse

      4,844 SF Warehouse, Excellent Location
      212 Broad St, Lynn, MA 01901
      View Details
    • $6,650 /Mo

      Corner Brick Building For Lease

      Sun-drenched retail and office layout with exceptional street visibility.
      441 Union St, Lynn, MA 01901
      View Details
    • Contact for pricing

      Visible Storefront on Lynnway

      Storefront with high visibility and direct access to Route 1A.
      395 Lynnway, Lynn, MA 01901
      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      4.4k
    • Avg Time on site
      27 min
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    1 State St, Unit 51
    Lynn, MA 01901-1504
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    Realmo Value Estimation

    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.

    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.

    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
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