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Property profile & analytics

248 Haverhill St Methuen, MA 01844

  • Turn key restaurants
  • 4,011 SF
  • 4.11 lot acres
Value Estimation
Last Sale
Mar 09, 2023
Location Intelligence
Property ID
US38-1638840
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

  • Burger King / Restaurant / Fast Food Restaurant

Property Details for 248 Haverhill St

Year built
2010
Construction
STEEL FRAME
Lot size
4.11 lot acres
Property size
4,011 SF
Zone code
BH
Property type
Turn key restaurants
APN
METH M:00516 B:00153A L:00037F
APU
METHM00516B00153AL00037F

Description

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 shopping center anchored by a Market Basket supermarket, ensuring a consistent flow of potential customers. This prime location offers strong visibility to a large volume of daily traffic, making it ideal for a wide range of commercial developments. The property's size and location provide ample space for various commercial ventures, capitalizing on the high traffic counts and the established retail presence in the immediate vicinity. The address is 248 Haverhill Street, Methuen, MA 01844, situated in Essex County. This is a rare opportunity to acquire a highly visible and accessible commercial land parcel in a bustling area with significant growth potential. The property is zoned for commercial use (verification of zoning regulations is recommended). This 2-acre lot offers significant development possibilities for businesses seeking high visibility and convenient access to major transportation arteries.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Methuen
County
Essex
State
Massachusetts
Longitude
-71.2049
Latitude
42.7059
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
$47,275
$946,900
$1,304,300
$2,251,200
-
$0.00
$0.00
$0.00
More about this property
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