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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Commercial real estate
1186 Main St 1194, Haverhill, MA 01830-1450
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0505988
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.64 ac (71,438 SF)
APN
HAVE M:0637 B:00002 L:31
UPID
US38-0505988
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
Current use
Occupant on record · Public records
-
Li's Asian Restaurant Restaurant
-
Li's Fine Asian Cuisine & Sushi Bar Restaurant
-
Asian Garden Restaurant
-
Li's Fine Asian Cuisine & Sush Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Gr Haverhill Land LLC · 1 yrs held
Gr Haverhill Land LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Aug 13 2024)
Last sale anchor
$2.80M
Aug 13 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$27,031
Tax year 2020
Assessed value
$978,900
Assessed 2024
Previous assessed
$978,900
+0.0% YoY
Effective rate
2.76%
On assessed value
Assessed land
$615,700
Assessed improvement
$363,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
2
Lot
1.64 ac (71,438 SF)
APN
HAVE M:0637 B:00002 L:31
UPID
US38-0505988
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Gr Haverhill Land LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1186 MAIN ST #1194, HAVERHILL, MA 01830-1450
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
Gr Haverhill Land LLC
—
Deed
related
$105,000,000 · Balance Pt Cap Partne
Aug 13, 2024
$2,800,000
Gr Haverhill Land LLC
Li At 1186 Main St LLC
Quit Claim Arm's Length For Ne States
—
Dec 31, 2020
$2,000,000
Li At 1186 Main St LLC
First Tee RT
Quit Claim Arm's Length For Ne States
$820,000 · Rockland Trust Co
Dec 28, 2012
—
1st Tee RT
—
Deed Of Trust
related
$862,500 · Gary Needham
Jan 22, 1997
—
First Tee RT
—
Deed Of Trust
related
$850,000 · Citizens Bank Of Nh
Mar 28, 1996
—
First Tee RT
—
Deed Of Trust
related
$750,000 · Andover Bank
Jul 31, 1995
$796,634
First Tee RT
1186 Nt
Grant Deed
related
—
Mar 15, 1990
$250,000
One One Eight Six Nt
1184 Main St RT
Grant Deed
$875,000 · Zuckerman Family Nomi
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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