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Property profile & analytics
OFF-MARKET
Auto shops

123 Main St Merrimac, MA 01860-2241

3,840 SF 2.48 ac lot Built 1973
Individually Owned 29-yr Hold ~ Est. High Equity
Property ID
US38-0952567
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Construction STEEL FRAME
Total area 3,840 SF
Lot 2.48 ac (107,933 SF)
Zoning code AR
APN MERR M:0064 B:0001 L:001-A
UPID US38-0952567
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
123 West Main St. RT · 29 yrs held
123 West Main St. RT
since 1996
5 recorded transactions
2013
Price N/A
2005
Price N/A
2003
Price N/A
2001
Price N/A
1996
$190,000
Zoning & alternative use
AR · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

AGRICULTURAL RESIDENTIAL DISTRICT (AR) by adding a new footnote to Dimensional and Intensity Regulations. 3.4. Municipal Uses. Municipal uses shall be established by a two-thirds vote of Town Meeting in accordance with the General Laws of the Commonwealth of Massachusetts. All buildings or STRUCTURES for an approved municipal use shall meet all applicable di…

Zone name Agricultural Residential
General category RESIDENTIAL
Zone area 4,457.26 ac
Source Merrimac Zoning Bylaw
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