Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

248 Haverhill St Methuen, MA 01844

FOR SALE
Turn key restaurants
Property ID
US38-1638840
4,011 SF 4.11 ac lot Built 2010
Last sale Nov 1990 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Methuen, Massachusetts. Strategically located on Haverhill Street, this property enjoys unparalleled visibility and convenient access, boasting an average daily traffic count of 25,536 vehicles. Its proximity to Interstate 93, with its impressive average daily traffic of 129,323 vehicles, further enhances its commercial potential. The site benefits significantly from its close proximity to a thriving…

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?
$47k
Tax billed · 2024
Assessed value$2.25M
Assessed land$947k
Assessed improvement$1.30M
Effective rate2.10%

Value estimate

· Oct 2026
$610k
$549k – $671k
AI approach$540k
Submarket $/SF estimate$681k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$175 – $532
Qualifying comparables5

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?
BH
B. Applicability. An application for a Billboard Special Permit shall be allowed in the BH and IL Zoning districts. C. Applications. Bill...
General categoryCOMMERCIAL
JurisdictionMETHUEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.8
Restaurant32.6
Building Supply31.3

Location

248 Haverhill St Methuen, MA 01844
County assessor Recorded deeds · 4 transfers 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
176 Pelham, Methuen, MA 01844-1590 $1,900,000 Feb 2025 3,500 SF
251 Hampstead, Methuen, MA 01844-1235 $560,000 Dec 2024 4,418 SF
171 Pelham, Methuen, MA 01844-1520 $1,490,000 Oct 2024 3,875 SF
26 Hampshire, Methuen, MA 01844-6828 $700,000 Oct 2023 4,681 SF
322 Merrimack, Methuen, MA 01844-6534 $1,100,000 Apr 2023 3,712 SF
678 Lowell, Methuen, MA 01844-1819 $975,000 Nov 2022 3,630 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
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again