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    Property profile & analytics

    323 Merrimack St Methuen, MA 01844-6550

    • Investment properties
    • 2,601 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Last Sale
    Jul 11, 2022
    $725,000
    Location Intelligence
    Property ID
    US38-1897584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Styles To the Max / Beauty Salon

    Property Details for 323 Merrimack St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    2,601 SF
    Zone code
    BN
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    METH M:01111 B:00110A L:00065
    APU
    METHM01111B00110AL00065

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $810,000
      6.5%
      $720,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $790,000
      Retail
      $740,000
      Mixed-Use
      $825,000
      Hospitality
      $670,000
      Educational
      $670,000
      Residential Income
      $685,000
      Energy
      $745,000
      Income-Based Land
      $795,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1305
    Latitude
    42.7436
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $145,000
    $290,300
    $435,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,528 SF

      226 Hampshire St, Unit 228

      OFFICE/RESIDENTIAL (MIXED USE) • 9,528 SF
      226 Hampshire St, Methuen, MA 01844-2027
      View Details
    • Value Estimation by Request
      0.23 Acres

      17 Pelham St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.23 Acres
      17 Pelham St, Methuen, MA 01844-2905
      View Details
    • Value Estimation by Request
      6,005 SF

      181 Swan St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,005 SF
      181 Swan St, Methuen, MA 01844-5972
      View Details
    • Value Estimation by Request
      2,520 SF

      51 Walton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,520 SF
      51 Walton Ave, Methuen, MA 01844-6463
      View Details
    • Value Estimation by Request
      8,992 SF

      271 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 8,992 SF
      271 Broadway, Methuen, MA 01844-6826
      View Details
    • Value Estimation by Request
      8,791 SF

      78-80 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 8,791 SF
      78-80 Broadway, Methuen, MA 01844
      View Details

    Similar Nearby for Sale

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    • Contact for pricing

      15 Acres Limited Industrial Land

      15 acres of industrial land near shopping and highways.
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    Similar Nearby for Lease

    • $20 SF/Yr
      33,945 SF

      Methuen Medical Office Space

      Prime Medical Office Suite Available
      380R Merrimack St, Methuen, MA 01844
      View Details
    • $20 SF/Yr

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      Commercial office/retail condo with attractive finishes and basement.
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    • Contact for pricing
      3,566 SF

      Regional Shopping Center Retail Space

      Retail spaces available in a high-traffic shopping center.
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      View Details
    • $599 /Mo
      150 SF

      Professional Office Space For Rent

      Private office in downtown Methuen with shared amenities included.
      45 Osgood St, Methuen, MA 01844
      View Details
    • Contact for pricing
      180,000 SF

      Merrimac Plaza: Retail Space Available

      Prime Essex County Shopping Center; High Traffic
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    • Contact for pricing
      92,646 SF

      Methuen Retail Space Available

      Prime Methuen storefront, 2,200 sq ft
      436 Broadway, Methuen, MA 01844
      View Details
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    323 Merrimack St
    Methuen, MA 01844-6550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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