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    Property profile & analytics

    205 Market St Lynn, MA 01901-1515

    • Auto shops
    • 7,645 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $3,725,000
    Last Sale
    Nov 18, 2021
    $3,505,000
    Location Intelligence
    Property ID
    US38-2488793
    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

    • Goodyear Auto Service / Tire Shop / Auto Repair Shop
    • Roll by Goodyear / Wheel Store
    • Brid Shool / School

    Property Details for 205 Market St

    Year built
    1966
    Construction
    STEEL FRAME
    Lot size
    0.47 lot acres
    Property size
    7,645 SF
    Zone code
    LI
    Property type
    Auto shops
    APN
    LYNN M:068 B:731 L:030
    APU
    LYNNM068B731L030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,665,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,735,000
      6.5%
      $3,215,000
      7%
      $3,755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,165,000
      Geo Method
      $3,540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,825,000
      Retail
      $3,030,000
      Mixed-Use
      $3,770,000
      Hospitality
      $3,630,000
      Educational
      $3,915,000
      Residential Income
      $3,770,000
      Energy
      $4,070,000
      Income-Based Land
      $3,890,000
      Food Service
      $3,865,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9466
    Latitude
    42.4612
    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
    $20,795
    $486,400
    $544,100
    $1,030,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,500 SF

      361 Lynnway

      AUTO REPAIR, GARAGE • 4,500 SF
      361 Lynnway, Lynn, MA 01901-1705
      View Details
    • Value Estimation
      $425,000
      5,263 SF

      101 Central Ave, Unit 109

      AUTO REPAIR, GARAGE • 5,263 SF
      101 Central Ave, Lynn, MA 01901-1012
      View Details
    • Value Estimation
      $900,000
      5,146 SF

      349 Lynnway

      AUTO REPAIR, GARAGE • 5,146 SF
      349 Lynnway, Lynn, MA 01901-1705
      View Details
    • Value Estimation
      $520,000
      9,828 SF

      125 Pleasant St

      AUTO REPAIR, GARAGE • 9,828 SF
      125 Pleasant St, Lynn, MA 01901-1510
      View Details
    • Value Estimation
      $310,000
      0.30 Acres

      Lynn, MA 01901

      AUTO REPAIR, GARAGE • 0.30 Acres
      Lynn, MA 01901
      View Details
    • Value Estimation
      $355,000
      1,973 SF

      105 Willow St

      AUTO REPAIR, GARAGE • 1,973 SF
      105 Willow St, Lynn, MA 01901-1197
      View Details

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    Similar Nearby for Lease

    • $5,900 /Mo

      Downtown Lynn Retail/Office Space

      Ground floor space in Lynn's CBD district for rent.
      23 Farrar St, Lynn, MA 01901
      View Details
    • Contact for pricing

      Visible Storefront on Lynnway

      Storefront with high visibility and direct access to Route 1A.
      395 Lynnway, Lynn, MA 01901
      View Details
    • $6,650 /Mo

      Corner Brick Building For Lease

      Sun-drenched retail and office layout with exceptional street visibility.
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      View Details
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      High-Traffic Lynn Storefront for Lease

      Corner storefront in Lynn, ideal for restaurant or retail.
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      View Details
    • $60 SF/Yr
      4,844 SF

      Prime Lynn Commercial Warehouse

      4,844 SF Warehouse, Excellent Location
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      View Details
    • Contact for pricing
      2,193 SF

      Retail Space on Lynnway

      Retail space with high traffic and convenient parking.
      391-415 Lynnway, Lynn, MA 01901
      View Details
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    205 Market St
    Lynn, MA 01901-1515
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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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