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    Property profile & analytics

    192 Pelham St Methuen, MA 01844-1556

    • Commercial land
    • 2.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 16, 2021
    $1,163,000
    Location Intelligence
    Property ID
    US38-2235794
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 192 Pelham St

    Lot size
    2.13 lot acres
    Zone code
    IL
    Property type
    Commercial land
    APN
    METH M:00412 B:00131 L:00006B
    APU
    METHM00412B00131L00006B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.2134
    Latitude
    42.7289
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,295
    $633,100
    $0.00
    $633,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      58 Osgood St

      VACANT COMMERCIAL LAND • 0.20 Acres
      58 Osgood St, Methuen, MA 01844-3039
      View Details
    • Value Estimation by Request
      0.25 Acres

      2 Swan St

      VACANT COMMERCIAL LAND • 0.25 Acres
      2 Swan St, Methuen, MA 01844-5019
      View Details
    • Value Estimation by Request
      5.00 Acres

      1 Hampshire Rd

      VACANT COMMERCIAL LAND • 5.00 Acres
      1 Hampshire Rd, Methuen, MA 01844-1108
      View Details
    • Value Estimation by Request
      3.40 Acres

      Methuen, MA 01844

      VACANT COMMERCIAL LAND • 3.40 Acres
      Methuen, MA 01844
      View Details
    • Value Estimation by Request
      0.08 Acres

      77 Broadway

      VACANT COMMERCIAL LAND • 0.08 Acres
      77 Broadway, Methuen, MA 01844-3816
      View Details
    • Value Estimation by Request
      0.38 Acres

      361 Merrimack St

      VACANT COMMERCIAL LAND • 0.38 Acres
      361 Merrimack St, Methuen, MA 01844-6531
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      11.00 Acres

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      2.00 Acres

      Prime Methuen Commercial Land

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      9,399 SF

      Methuen Multifamily Investment Opportunity

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      Renovated Multi-Unit Investment Opportunity

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    Similar Nearby for Lease

    • $20 SF/Yr
      33,945 SF

      Methuen Medical Office Space

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      View Details
    • $20 SF/Yr

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    • Contact for pricing
      3,566 SF

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      Retail spaces available in a high-traffic shopping center.
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      View Details
    • $599 /Mo
      150 SF

      Professional Office Space For Rent

      Private office in downtown Methuen with shared amenities included.
      45 Osgood St, Methuen, MA 01844
      View Details
    • Contact for pricing
      95,000 SF

      Medical Space in Merrimack Valley

      Cutting-edge medical space for lease in a renovated building.
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    • Contact for pricing
      95,700 SF

      Future Warehouse/Distribution Building

      95,700 SF warehouse/distribution building available Q4 2025.
      600 Griffin Brook Dr, Methuen, MA 01844
      View Details
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    192 Pelham St
    Methuen, MA 01844-1556
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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