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Property profile & analytics
OFF-MARKET
Office buildings

15 Lowell St Methuen, MA 01844-6833

2,651 SF 0.18 ac lot Built 1820
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US38-0887128
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1820
Construction FRAME
Total area 2,651 SF
Lot 0.18 ac (7,884 SF)
Zoning code CBD
APN METH M:00612 B:00123 L:00003
UPID US38-0887128
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
  • Gerow Annika DVM Veterinary Clinic
  • Methuen Veterinary Hospital Veterinary Clinic
  • Marcus Donald A DVM Veterinary Clinic
  • Kane Suzanne DVM Veterinary Clinic
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
Mvh Prop LLC · 14 yrs held
Mvh Prop LLC
since 2011
6 recorded transactions
2011
$244,000
2008
$1
2002
Price N/A
1993
Price N/A
1990
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District. The Central Business District is composed of all those areas so designated on the official zoning map. It includes retail, service, office and residential uses. It is the intent of this ordinance that the CBD be a place of diversity and a mixture of uses, provided public health and safety are protected. BH Highway Business Dist…

Zone name Central Business District
General category COMMERCIAL
Zone area 114.29 ac
Source TOWN OF METHUEN, MASSACHUSETTS
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