Property profile

173 Merrimac St Woburn, MA 01801

OFF-MARKET
Parking lots & garages
Property ID
US38-0713976
0.23 ac lot
Individually Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.23 ac (10,019 SF)
Zoning code I-P
APN WOBU M:09 B:07 L:05 U:00
UPID US38-0713976

Cap rate & NOI

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

Location

173 Merrimac St Woburn, MA 01801-1748
Woburn metro Census 333602 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2005
1 recorded transaction
2005
$175,000

Zoning & alternative use

I-P · Woburn, MA
Zoning description

(I-P), Industrial Park 2 (I-P2), and the Interstate Business (B-1) Zoning District as shown on the City of Woburn zoning map as CWCOD dated December 23, 2009 and as may be amended from time to time. (amended 12/23/2009)…

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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