Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

12 School St Merrimac, MA 01860

OFF-MARKET
Turn key restaurants
Property ID
US38-1291977
2,924 SF 0.49 ac lot Built 1970
Last sale Dec 1999 · $210,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This freestanding commercial building contains 2,924 SF of flexible interior space split evenly between a first floor and a lower level, with 1,462 SF on each level. The property includes a drive-thru window and three restrooms, including one ADA-compliant restroom. It is equipped with prominent pylon signage for street visibility and is supported by 28 on-site parking spaces. The two-level configuration and included infrastructure support a range of potential uses such as retail, office, or restaurant operations, subject to applicable code and permitting requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$399k
Assessed land$165k
Assessed improvement$234k
Effective rate1.35%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$175 – $532
Qualifying comparables6

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?
VC
The intent of VC district is to preserve and enhance the historic built form of Merrimac Square, develop and sustain a vital local econom...
General categorySPECIAL
JurisdictionMERRIMAC

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.0
Building Supply9.0
Parking Facility8.9

Location

12 School St Merrimac, MA 01860-1915
County assessor Recorded deeds · 7 transfers 6 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Main, Merrimac, MA 01860-2030 $500,000 Nov 2024 1,890 SF
1 Main, Merrimac, MA 01860-1910 $800,000 Jun 2022 16,419 SF
76 Main, Merrimac, MA 01860 $338,400 Jan 2020 3,284 SF
125 Main, Merrimac, MA 01860-1616 $105,000 Nov 2019 4,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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