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Property profile & analytics
OFF-MARKET
Industrial land

103 Main St Merrimac, MA 01860-1613

1.1 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US38-2141412
Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.1 ac (47,916 SF)
Zoning code OI
APN MERR M:0043 B:0001 L:00004
UPID US38-2141412
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
STEPHEN M BROX FAMILY LLC
STEPHEN M BROX FAMILY LLC
Zoning & alternative use
OI · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

11 OFFICE-LIGHT INDUSTRIAL DISTRICT (OI) 11.1 Purposes. The Town shall have an Office-Light Industrial District as shown on the OFFICIAL ZONING MAP. The purposes of the Office-Light Industrial District are to provide areas for a range of employment opportunities, strengthen the tax base of the Town of Merrimac, and encourage high-quality industrial and offic…

Zone name Office And Industrial
General category INDUSTRIAL
Zone area 149.64 ac
Source Merrimac Zoning Bylaw
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