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Property profile & analytics
OFF-MARKET
Office buildings

135 Merrimack St Methuen, MA 01844-6113

3,025 SF 0.3 ac lot Built 1973
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US38-0259131
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction FRAME
Total area 3,025 SF
Lot 0.3 ac (12,894 SF)
Zoning code BN
APN METH M:01113 B:00109W L:00017A
UPID US38-0259131
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
Current use
Occupant on record · Public records
  • T.A. Sullivan Agency, Inc. Real Estate Agency
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
Sullivan Brothers LLC · 15 yrs held
Sullivan Brothers LLC
since 2010
4 recorded transactions
2010
$230,000
2010
Price N/A
2007
Price N/A
1994
Price N/A
Zoning & alternative use
BN · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

BN Neighborhood Business District. The Neighborhood Business District is composed of all those areas so designated on the official zoning map. Predominant uses include small retail and service establishments serving the needs of adjacent neighborhoods and oriented to pedestrian traffic. Uses, which would detract from this small-scale business character, or o…

Zone name Neighborhood Business District
General category COMMERCIAL
Zone area 82.99 ac
Source TOWN OF METHUEN, MASSACHUSETTS
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