143 Pleasant Vly St Methuen, MA 01844-7209
This exceptional 11-acre parcel in Methuen, MA, presents a unique opportunity for industrial development. Zoned IL - Limited Industrial, the property boasts 28,300 square feet of buildable land, ideally situated near major interstate highways for convenient transportation. Its prime location offers easy access to "The Loop," a thriving shopping and entertainment center, providing ample amenities for employees and customers. The site features existing infrastructure, including sewer drainage and a retaining wall, reducing initial development costs. The permitted uses are diverse, encompassing a wide range of possibilities, including agricultural uses (such as commercial nurseries and daycare centers), municipal facilities (fire or police stations, parking lots), medical clinics, general or medical offices, small retail and accessory uses, light manufacturing (including industrial, masonry, and food processing), commercial/industrial R&D and testing labs, and outdoor storage (excluding retail). This versatile property is perfect for businesses seeking a strategic location with excellent accessibility and a variety of permitted uses. The property's location in Essex County, MA, zip code 01844, offers a strong foundation for growth and success. Don't miss this chance to acquire a significant industrial land holding in a high-demand area.
IL Zoning districts. C. Applications. Billboards require a special permit, as set forth in this Section XI. The special permit granting authority shall be the Board of Appeals. Prior to the grant of any special permit, the Department of Economic and Community Development shall provide a written recommendation to the Board. Applications for Billboard Special…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
IL · Methuen, MAIL Zoning districts. C. Applications. Billboards require a special permit, as set forth in this Section XI. The special permit granting authority shall be the Board of Appeals. Prior to the grant of any special permit, the Department of Economic and Community Development shall provide a written recommendation to the Board. Applications for Billboard Special Permits shall be completed and filed in accordance with the Rules and Regulations of the SPGA. In addition to the general requirements of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.