Financial
Distress signals
Property profile

295 Lynnway Lynn, MA 01901

FOR SALE
Other automotive properties
Property ID
US38-1809213
2,359 SF 0.51 ac lot Built 1982
Last sale May 1997 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 295 Lynnway with additional frontage identified at 461 Broad Street (front) is an automotive-oriented sales and service facility configured for an outdoor vehicle display area and indoor customer and work space. It includes approximately 5,665± square feet of showroom, office, and service space, situated on a 22,216± square foot site with capacity for 85+ vehicles. The facility has been used for auto sales operations and is supported by licensing capabilities for Auto Sales,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$914k
Assessed land$760k
Assessed improvement$154k
Effective rate2.02%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$400k
Sales comparison$826k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$5k
Operating expenses−$25k
NOI · 232.60% cap applied$58k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$271/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$164 – $350
Qualifying comparables8

Cap rate analysis

How does the asset earn?
232.60%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
WF1
JurisdictionLYNN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency68.2
Building Supply36.5
Wholesale Shop34.0

Location

295 Lynnway Lynn, MA 01901
County assessor Recorded deeds · 8 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Central, Lynn, MA 01901-1001 $175,000 Feb 2024 1,142 SF
349 Lynnway, Lynn, MA 01901-1705 $850,000 Dec 2021 5,146 SF
205 Market, Lynn, MA 01901-1515 $3,505,000 Nov 2021 7,645 SF
217 Broad, Lynn, MA 01901 $925,000 Apr 2019 918 SF
101 Central, Lynn, MA 01901-1012 $525,000 Mar 2019 5,263 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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