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Property profile

357 Merrimack St Methuen, MA 01844

OFF-MARKET
Commercial land
Property ID
US38-1230663
1.03 ac lot
Last sale Nov 1994 · $142,500
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial land parcel, located at 357-361 Merrimack Street in Methuen, Massachusetts, presents a compelling investment opportunity. The property, identified by APN METH-001109-000110-A000059, consists of two adjacent lots ideally situated on Route 110, ensuring high visibility and accessibility. Its Neighborhood Business (BN) zoning allows for a diverse range of commercial uses, making it suitable for various business ventures. The location offers easy access to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$249k
Assessed land$249k
Effective rate2.10%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$121 – $240

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BN
BN Neighborhood Business District. The Neighborhood Business District is composed of all those areas so designated on the official zoning...
General categoryCOMMERCIAL
JurisdictionMETHUEN

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 agency14.9
HVAC Service10.1
Smoke and Vape Shop9.5

Location

357 Merrimack St Methuen, MA 01844-6531
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37 Jackson, Methuen, MA 01844-5044 $195,000 Apr 2024 No data
2 Osgood, Methuen, MA 01844-3830 $650,000 Jan 2024 2,954 SF
58 Osgood, Methuen, MA 01844-3039 $123,000 Jul 2021 No data
192 Pelham, Methuen, MA 01844-1556 $1,163,000 Apr 2021 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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