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Property profile & analytics
FOR SALE
Commercial land

281 Broadway Methuen, MA 01844

0.49 ac lot
Individually Owned 13-yr Hold Free & Clear
Property ID
US38-0101701
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.49 ac (21,344 SF)
Zoning code CBD
APN METH M:00612 B:00056 L:00012
UPID US38-0101701
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kamel Alhady · 13 yrs held
Kamel Alhady
since 2013
5 recorded transactions
2013
$191,500
2011
Price N/A
2005
Price N/A
1994
Price N/A
1993
$362,810
Zoning & alternative use
CBD · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 ordinance that the CBD be a place of diversity and a mixture of uses, provided public health and safety are protected. BH Highway Business Dist…

Zone name Central Business District
General category COMMERCIAL
Zone area 114.29 ac
Source TOWN OF METHUEN, MASSACHUSETTS
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