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Property profile & analytics
OFF-MARKET
Office buildings

123 Pleasant St Methuen, MA 01844

1,382 SF 0.35 ac lot Built 1960
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US38-0151019
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction FRAME
Total area 1,382 SF
Lot 0.35 ac (15,072 SF)
Zoning code BL
APN METH M:00812 B:00041 L:00095
UPID US38-0151019
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Louall LLC · 16 yrs held
Louall LLC
since 2010
1 recorded transaction
2010
$260,000
Zoning & alternative use
BL · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

BL Limited Business Districts. The Limited Business District is composed of all those areas so designated on the official zoning map. It is established primarily to accommodate uses such as offices, smaller scale retail and general business, research and development laboratories, and light assembly. Attached Dwellings, Multi-Family Developments and Planned U…

Zone name Limited Business District
General category COMMERCIAL
Zone area 156.01 ac
Source TOWN OF METHUEN, MASSACHUSETTS
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