248 Haverhill St, Methuen, MA 01844
For Sale
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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.
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Burger King Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BH · Methuen, MAMethuen. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.