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Property profile & analytics
OFF-MARKET Estimated value $575,000
Gas stations

28 Broad St Merrimac, MA 01860-2325

3,096 SF 0.65 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US38-0612540
Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1970
Construction FRAME
Total area 3,096 SF
Lot 0.65 ac (28,153 SF)
Zoning code HS
APN MERR M:0013 B:0001 L:00020
UPID US38-0612540
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
by Request
Comparable Approach Comparable
$540k
Blend (final) Blend
$575k
Owner & transaction history
SLOBAN, FREDERICK H
SLOBAN, FREDERICK H
Zoning & alternative use
HS · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

10 HIGHWAY SERVICES DISTRICT (HS) 10.1 Purposes. The Town shall have a Highway Services District as shown on the OFFICIAL ZONING MAP. The purposes of the Highway Services District are to manage traffic flows on Broad Street between I-495 and Route 110, provide goods and services that serve local and non- local customers, enhance the Town’s tax base, foster a…

Zone name Highway Services
General category COMMERCIAL
Zone area 9.70 ac
Source Merrimac Zoning Bylaw
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