Technical
Financial
Distress signals
Property profile

266 Broadway Methuen, MA 01844

OFF-MARKET
Investment properties
Property ID
US38-0850642
3,919 SF 0.22 ac lot Built 1840
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1840
Construction FRAME
Total area 3,919 SF
Lot 0.22 ac (9,583 SF)
Zoning code CBD
APN METH M:00612 B:00120 L:00020A
UPID US38-0850642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement
  • Real Estate Agency

Location

266 Broadway Methuen, MA 01844-3049
Methuen metro Census 252300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$510k
Blend (final) Blend
$475k

Owner & transaction history

since 2023
Last sale
$600,000
4 recorded transactions
2023
$600,000
2023
Price N/A
2023
Price N/A
1996
$142,000

Zoning & alternative use

CBD · Methuen, MA
Zoning description

CBD Central Business District. The Central Business District is composed of all those areas so designated on the official zoning map. It includes retail, service, office and residential uses. It is the intent of this ord…

General category COMMERCIAL
Top alternative use upside
Retail stores $870,000 +21.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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