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    Property profile & analytics

    119 Fayette St Lynn, MA 01902-2209

    • Retail space
    • 2,951 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Feb 12, 2020
    Location Intelligence
    Property ID
    US38-0958350
    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

    • Spin City Super Laundromat / Laundromat / Dry Cleaner

    Property Details for 119 Fayette St

    Year built
    1957
    Construction
    CONCRETE
    Lot size
    0.20 lot acres
    Property size
    2,951 SF
    Zone code
    BD
    Property type
    Retail space
    APN
    LYNN M:095 B:508 L:090
    APU
    LYNNM095B508L090

    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
    -70.9374
    Latitude
    42.4711
    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
    $12,972
    $265,200
    $377,600
    $642,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      24,161 SF

      22nd Adams St Ext

      RETAIL STORES (PERSONAL SERVICES) • 24,161 SF
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      View Details
    • Value Estimation
      $330,000
      760 SF

      107 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 760 SF
      107 Washington St, Lynn, MA 01902-4703
      View Details
    • Value Estimation
      $210,000
      1,300 SF

      155 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      155 Chestnut St, Lynn, MA 01902-2914
      View Details
    • Value Estimation
      $365,000
      2,689 SF

      192 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 2,689 SF
      192 Chestnut St, Lynn, MA 01902
      View Details
    • Value Estimation
      $465,000
      6,549 SF

      57-61 Cmn St

      RETAIL STORES (PERSONAL SERVICES) • 6,549 SF
      57-61 Cmn St, Lynn, MA 01902
      View Details
    • Value Estimation
      $320,000
      2,304 SF

      51 Essex St

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      51 Essex St, Lynn, MA 01902-1753
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    Similar Nearby for Lease

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      548 SF

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    • Contact for pricing
      8,000 SF

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      8,000 sqft retail space available for lease.
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      Commercial Building in Downtown Lynn

      Commercial building suitable for restaurant, cafe, or retail use.
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    119 Fayette St
    Lynn, MA 01902-2209
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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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