Financial
Distress signals
Property profile

188 Broadway 5th Ste 5 Methuen, MA 01844

OFF-MARKET
Office Spaces
Property ID
US38-1643151
1,526 SF Built 1984
Last sale Dec 1997 · $140,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$209k
Assessed improvement$209k
Effective rate2.10%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$110 – $217
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
CBD Central Business District. The Central Business District is composed of all those areas so designated on the official zoning map. It ...
General categoryCOMMERCIAL
JurisdictionMETHUEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.6
Dental Office25.3
Law Firm23.0

Location

188 Broadway 5th Ste, Unit 5 Methuen, MA 01844-3862
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
188 Broadway 4th, Methuen, MA 01844-3862 $325,000 Mar 2025 1,354 SF
386 Merrimack St, Methuen, MA 01844-5885 $300,000 Jan 2025 2,246 SF
326 Merrimack, Methuen, MA 01844-6535 $255,000 May 2024 1,340 SF
283 Merrimack, Methuen, MA 01844-6457 $100,000 Nov 2023 2,340 SF
447 Lowell, Methuen, MA 01844-2218 $390,000 Jul 2023 1,417 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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