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Property profile & analytics
OFF-MARKET
Auto shops
350 Chestnut St, Lynn, MA 01902-2722
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1669208
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1923
Construction
FRAME
Total area
1,135 SF
Lot
0.17 ac (7,288 SF)
Zoning code
R2
APN
LYNN M:084 B:698 L:010
UPID
US38-1669208
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
Current use
Occupant on record · Public records
-
Smart Start Ignition Interlock Building Supply General Contractor
-
Chestnut Street Motors Car Dealership
-
Duran Auto Sales And Repair Auto Repair Shop
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
350 Chestnut Street Ll · 9 yrs held
350 Chestnut Street Ll
since 2017
6 recorded transactions
Zoning & alternative use
R2 · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,215
Tax year 2024
Assessed value
$308,000
Assessed 2024
Previous assessed
$308,000
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$245,900
Assessed improvement
$62,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1923
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,135 SF
Lot
0.17 ac (7,288 SF)
Zoning code
R2
APN
LYNN M:084 B:698 L:010
UPID
US38-1669208
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Lynn, MA
Zoning R2 · permitted uses
R2 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
350 Chestnut Street Ll
Individual
Mailing address
106 CHESTNUT ST, LYNN, MA 01902-2911
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2017
—
350 Chestnut Street LLC
—
Deed
related
$156,000 · Bay Colony Dev
Feb 17, 2017
$375,000
350 Chestnut Street Ll
Arthur J Arsenault
Quit Claim Arm's Length For Ne States
$187,500 · Georgetown Savings Bank
Sep 22, 2015
$277,438
Arthur J Arsenault
Mirzoyan,armen
Deed In Lieu Of Foreclosure
related
—
Aug 7, 2006
$430,000
Armen Mirzoyan
Arsenault,arthur J
Grant Deed
$315,000 · Zwi Kohorn
Aug 31, 2000
—
Arthur J Arsenault
—
Deed Of Trust
related
$80,000 · Bruce S Labonte
—
—
350 Chestnut Street LLC
—
Deed Of Trust
related
$156,000 · Bay Colony Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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