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Property profile & analytics
OFF-MARKET Estimated value $910,000
Investment properties

32-34 Broad St Merrimac, MA 01860

0.96 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US38-2516723
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.96 ac (41,787 SF)
Zoning code HS
APN MERR M:0013 B:0001 L:00019
UPID US38-2516723
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
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$910k
Owner & transaction history
La North Shore Prop LLC · 4 yrs held
La North Shore Prop LLC
since 2021
Last sale
$917,500
5 recorded transactions
2021
$917,500
2010
Price N/A
2005
$575,000
2002
Price N/A
1996
Price N/A
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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