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Property profile & analytics
OFF-MARKET
Estimated value
$9,000,000
Automotive properties
175 Pelham St, Methuen, MA 01844-1520
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1784650
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1980
Construction
STEEL FRAME
Total area
25,200 SF
Lot
6.42 ac (279,655 SF)
Zoning code
BH
APN
METH M:00512 B:00126B L:00001A
UPID
US38-1784650
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
-
Dan O'Brien Chrysler Dodge Jeep Ram Service Center Auto Repair Shop Vehicle Inspection Center
-
Dan O'Brien Chrysler Dodge Jeep Ram Parts Center Auto Parts Store
-
Dan O'Brien Chrysler Dodge Jeep Ram Car Dealership Auto Repair Shop
-
Aces Team Carpet Cleaners Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.66M
Blend (final)
Blend
$9.00M
Owner & transaction history
Mdr Fl Realty LLC · 1 yrs held
Mdr Fl Realty LLC
since 2024
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
BH · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.7M
+44.1%
Apartment house (5+ units)
$8.1M
+33.5%
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 Methuen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Methuen 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
$9,000,000
ML approach
$9,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,035,000
Current use
RESTAURANT
$8,700,000
Change: +44% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,055,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$5,605,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$9.00M
Range $8.10M – $9.90M · ±10% · vs last sale $9.00M (Jul 12 2024)
Last sale anchor
$9.00M
Jul 12 2024
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
$357 / 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
$54,848
Tax year 2024
Assessed value
$2,611,800
Assessed 2024
Previous assessed
$2,401,800
+8.7% YoY
Effective rate
2.10%
On assessed value
Assessed land
$1,233,600
Assessed improvement
$1,378,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
25,200 SF
Lot
6.42 ac (279,655 SF)
Zoning code
BH
APN
METH M:00512 B:00126B L:00001A
UPID
US38-1784650
Jurisdiction
METHUEN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BH · Methuen, MA
Zoning BH · permitted uses
BH · Methuen, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Methuen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$6.0M
RESTAURANT
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
RETAIL STORES
Est. value
$5.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
6.42 ac
Current owner
From public records · entity-resolved
Mdr Fl Realty LLC
Entity
Mailing address
105 BOSTON PROVIDENCE TPKE, NORWOOD, MA 02062-2625
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$9,000,000
Mdr Fl Realty LLC
175 Pelham Realty LLC
Quit Claim Arm's Length For Ne States
$7,200,000 · Bank Of America NA
Jun 4, 2020
—
175 Pelham Realty LLC
—
Deed
related
$1,000,000 · Kelly Motor Co INC
Aug 29, 2019
$4,600,000
175 Pelham Realty LLC
175 Pelham
Quit Claim Deed
$3,680,000 · Bank Of America
Apr 3, 2018
$4,100,000
175 Pelham Realty Trust
Tsb Realty Ltd
Quit Claim Deed
—
Dec 14, 1995
$700,000
Tsb Realty Ltd
Methuen Oldsmobile
Grant Deed
$1,000,000 · Zuckerman Family Nomi
Aug 12, 1993
$12,000
Methuen Oldsmobile INC
Warshaw R T
Grant Deed
$875,000 · Gmac Mortgage Corp Pa
Aug 12, 1993
—
Methuen Oldsmobile INC
—
Deed Of Trust
related
$375,000 · Gmac Mortgage Corp Pa
—
—
175 Pelham Realty LLC
—
Deed Of Trust
related
$1,000,000 · Kelly Motor Co 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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