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Property profile

198 Main St Amesbury, MA 01913

OFF-MARKET
Retail space
Property ID
US38-1356871
8,905 SF 0.7 ac lot Built 1994
Last sale Nov 2024 · $1,757,040
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 8,777 square foot Dollar General store located at 198 Main St, Amesbury, MA 01913. The property, built in 1994 and renovated in 2024, sits on a 0.69-acre lot within the Shops at Patten's Hollow, benefiting from high visibility on a primary corridor. A new 10-year Double Net Lease commenced June 29, 2024, with 9.6 years remaining and four 5-year renewal options. The lease includes attractive 10% rent increases every…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.11M
Assessed land$310k
Assessed improvement$803k
Effective rate1.56%

Value estimate

· Nov 2026
$1.76M
$1.58M – $1.93M
AI approach$1.76M
CAP approach$2.25M
Submarket $/SF estimate$1.56M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
County average, outlier-cleaned · 252 recorded sales of this use type
Observed band · Q1–Q3$138 – $329
Qualifying comparables7

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?
PUD
The purpose of this district is to provide planned unit developments.
General categoryPLANNED_DEVELOPMENT
JurisdictionAMESBURY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.2
Tailor Shop9.5
Dry Cleaner9.1

Location

198 Main St Amesbury, MA 01913
County assessor Recorded deeds · 3 transfers 7 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
241 Main, Amesbury, MA 01913-3747 $6,989,223 Feb 2024 4,513 SF
25 Macy, Amesbury, MA 01913-3768 $820,000 Nov 2023 3,504 SF
132 Elm, Amesbury, MA 01913-3002 $1,764,044 May 2023 2,608 SF
115 Main, Amesbury, MA 01913-2823 $600,000 Feb 2023 7,418 SF
40 Market, Amesbury, MA 01913-2409 $550,000 Nov 2022 4,181 SF
41 Sparhawk, Amesbury, MA 01913-3317 $325,000 Nov 2020 2,304 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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