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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Auto shops
171 Commercial St, Lynn, MA 01905-2909
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-0469921
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1967
Construction
STEEL FRAME
Total area
3,780 SF
Lot
0.14 ac (6,059 SF)
Zoning code
HI
APN
LYNN M:051 B:796 L:041
UPID
US38-0469921
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
-
Col-Craft Inc. Auto Repair Shop
-
Willy V. Motorsports Auto & Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Realty Investors LLC · 3 yrs held
Realty Investors LLC
since 2022
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
HI · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,160,000
ML approach
$1,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10% · vs last sale $1.80M (Jul 8 2022)
Last sale anchor
$1.80M
Jul 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$512 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,599
Tax year 2024
Assessed value
$426,100
Assessed 2024
Previous assessed
$426,100
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$228,400
Assessed improvement
$197,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
3,780 SF
Lot
0.14 ac (6,059 SF)
Zoning code
HI
APN
LYNN M:051 B:796 L:041
UPID
US38-0469921
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
HI · Lynn, MA
Zoning HI · permitted uses
HI · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Realty Investors LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9 VERNON ST, NAHANT, MA 01908-1618
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$1,800,000
Realty Investors LLC
Humphrey 460 RT
Deed
—
Feb 11, 2021
$837,500
Humphrey 460 RT
Goudreau Ft
Quit Claim Arm's Length For Ne States
$285,000 · Helen Goudreau
Nov 10, 1992
—
RT Goudreau
—
Deed Of Trust
related
$50,000 · Lmg Properties INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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