Property profile

124 Boston St 156 Lynn, MA 01904

OFF-MARKET
Commercial real estate
Property ID
US38-1321876
68,341 SF 5.7 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Construction STEEL FRAME
Total area 68,341 SF
Lot 5.7 ac (248,195 SF)
Zoning code HI
APN LYNN M:071 B:255 L:001
UPID US38-1321876

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

124 Boston St, Unit 156 Lynn, MA 01904-2523
Lynn metro Census 205500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.94M
Blend (final) Blend
$3.75M

Owner & transaction history

Zoning & alternative use

HI · Lynn, MA
Zoning description

The intent of this zone is to promote heavy industrial uses.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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