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    Property profile & analytics

    120 Lowell St Methuen, MA 01844-3665

    • Retail space
    • 3,210 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US38-1239162
    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

    • Michael's Bakery / Bakery
    • Cnc Router wood carving / Engraver

    Property Details for 120 Lowell St

    Year built
    1959
    Construction
    STEEL FRAME
    Lot size
    0.26 lot acres
    Property size
    3,210 SF
    Zone code
    BN
    Property type
    Retail space
    APN
    METH M:00614 B:00139A L:00045
    APU
    METHM00614B00139AL00045

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $420,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $425,000
      Mixed-Use
      $365,000
      Hospitality
      $445,000
      Educational
      $335,000
      Residential Income
      $405,000
      Energy
      $405,000
      Income-Based Land
      $435,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1955
    Latitude
    42.7204
    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
    $9,022
    $154,400
    $275,200
    $429,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $240,000
      2,250 SF

      110-112 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      110-112 Jackson St, Methuen, MA 01844
      View Details
    • Value Estimation
      $700,000
      9,000 SF

      466 Merrimack St

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      466 Merrimack St, Methuen, MA 01844-5804
      View Details
    • Value Estimation
      $330,000
      3,599 SF

      217 Merrimack St

      RETAIL STORES (PERSONAL SERVICES) • 3,599 SF
      217 Merrimack St, Methuen, MA 01844-5615
      View Details
    • Value Estimation
      $415,000
      1,000 SF

      222 Merrimack St

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      222 Merrimack St, Methuen, MA 01844-5620
      View Details
    • Value Estimation
      $375,000
      9,304 SF

      89 Swan St

      RETAIL STORES (PERSONAL SERVICES) • 9,304 SF
      89 Swan St, Methuen, MA 01844-5048
      View Details
    • Value Estimation
      $335,000
      1,766 SF

      20 Hampshire St

      RETAIL STORES (PERSONAL SERVICES) • 1,766 SF
      20 Hampshire St, Methuen, MA 01844-6823
      View Details

    Similar Nearby for Sale

    • $710,000
      6,400 SF

      Methuen Commercial Property on Lowell

      Commercial property on Lowell Street with high visibility and traffic.
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    • Contact for pricing
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      Mixed-Use Property with Income Potential

      Three-unit property with residential and commercial spaces near major routes.
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      View Details
    • $649,500

      High-Traffic Mixed-Use Building

      Mixed-use building in high-traffic location with parking and rental income.
      149 Merrimack St, Methuen, MA 01844
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      15 Acres Limited Industrial Land

      15 acres of industrial land near shopping and highways.
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    • $2,800,000
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    Similar Nearby for Lease

    • $28 SF/Yr

      New Retail/Office/Medical Space Available

      New single-tenant building suitable for retail, office, or medical use.
      130 Merrimack St, Methuen, MA 01844
      View Details
    • $1,000 /Mo

      Methuen Office/Retail Unit For Lease

      Retail and office units available for lease in Methuen, MA.
      12 Baldwin St, Methuen, MA 01844
      View Details
    • $20 SF/Yr

      Commercial Office/Retail Condo Available

      Commercial office/retail condo with attractive finishes and basement.
      5 Wallace St, Methuen, MA 01844
      View Details
    • Contact for pricing
      92,646 SF

      Methuen Retail Space Available

      Prime Methuen storefront, 2,200 sq ft
      436 Broadway, Methuen, MA 01844
      View Details
    • Contact for pricing
      2,426 SF

      Vibrant Community Shopping Center Space

      Space in a busy shopping center anchored by Market Basket.
      160-186 Haverhill St, Methuen, MA 01844
      View Details
    • $950 /Mo
      625 SF

      Methuen Office/Retail Space Available

      Office or retail space for lease in Methuen, Massachusetts.
      240 Pleasant St, Methuen, MA 01844
      View Details
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    Methuen, MA 01844-3665
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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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