You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $755,000
Investment properties

22-26 School St Merrimac, MA 01860

3,198 SF 1.16 ac lot
Individually Owned 16-yr Hold
Property ID
US38-0259897
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Construction FRAME
Total area 3,198 SF
Lot 1.16 ac (50,704 SF)
Zoning code VC
APN MERR M:0013 B:0001 L:00016
UPID US38-0259897
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$995k
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$755k
Owner & transaction history
Stgermain,steven Tr · 16 yrs held
Stgermain,steven Tr
since 2009
5 recorded transactions
2009
$306,000
2009
Price N/A
2004
Price N/A
2003
$350,000
2003
Price N/A
Zoning & alternative use
VC · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

8 VILLAGE CENTER DISTRICT (VC) 8.1 Purposes. The Town shall have a Village Center (VC) District as shown on the OFFICIAL ZONING MAP. The purposes of the Village Center District are to preserve and enhance the historic built form of Merrimac Square, develop and sustain a vital local economy, provide goods and services used predominantly by residents of the To…

Zone name Village Center
General category SPECIAL
Zone area 18.13 ac
Source Merrimac Zoning Bylaw
Top alternative use upside
Office building $820,000 +29.0%
Auto repair, garage $765,000 +20.2%
Retail stores $710,000 +11.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22-26 School St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message