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Property profile & analytics
FOR SALE
Auto shops

20 Woodland St Methuen, MA 01844

5,600 SF 0.71 ac lot Built 1920
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US38-0797808
Property summary
AI-generated overview

This exceptional 5,600 square foot industrial warehouse, situated on a 0.71-acre lot in Methuen, Massachusetts, presents a unique investment opportunity. The property is zoned RD and boasts a single-story building with a 12-foot ceiling height. Ideal for a variety of uses, the warehouse currently operates as a four-bay auto repair and auto body shop, offering a potential for continued operation in this capacity or adaptation to other industrial needs. Key features include four drive-in bays, a spray paint booth, three meters, and two lifts, providing ample space and equipment for automotive work. Extensive parking is available with capacity for 50+ vehicles. The property's convenient location, approximately 1.5 miles from Interstate 93, ensures easy access to major transportation routes. The building also includes one restroom. Potential buyers are responsible for conducting their own due diligence regarding permitted uses and zoning compliance. The asking price is $1,995,000. The current owner occupies the space and there is an option to assume the existing business.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1920
Construction STEEL FRAME
Total area 5,600 SF
Lot 0.71 ac (31,058 SF)
Zoning code RD
APN METH M:00616 B:00150 L:00079
UPID US38-0797808
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
  • A Plus Two Autobody Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$700k
Owner & transaction history
20 Woodland Street T · 7 yrs held
20 Woodland Street T
since 2019
7 recorded transactions
2019
Price N/A
2011
Price N/A
2009
Price N/A
2009
$390,000
2003
Price N/A
1999
$270,000
1998
$250,000
Zoning & alternative use
RD · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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