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    Property profile & analytics

    40 Federal St Lynn, MA 01905

    • Grocery and convenience stores
    • 79,377 SF
    • 16.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1065567
    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

    • Lechonera Bonao / Restaurant
    • Market Basket / Grocery Store / Supermarket
    • Santander Bank ATM / Atm
    • Western Union / Money Transfer Service

    Property Details for 40 Federal St

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    16.33 lot acres
    Property size
    79,377 SF
    Zone code
    HI
    Property type
    Grocery and convenience stores
    APN
    LYNN M:037 B:267 L:042
    APU
    LYNNM037B267L042

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9678
    Latitude
    42.4636
    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
    $187,841
    $1,406,500
    $7,901,800
    $9,308,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      3,400 SF

      79 Market Sq

      RETAIL STORES (PERSONAL SERVICES) • 3,400 SF
      79 Market Sq, Lynn, MA 01905
      View Details
    • Value Estimation by Request
      33,795 SF

      86 Bennett St

      SHOW ROOM, WAREHOUSE • 33,795 SF
      86 Bennett St, Lynn, MA 01905-3011
      View Details
    • Value Estimation
      $185,000
      649 SF

      435 Boston St

      RETAIL STORES (PERSONAL SERVICES) • 649 SF
      435 Boston St, Lynn, MA 01905-2124
      View Details
    • Value Estimation
      $580,000
      0.31 Acres

      522 Boston St

      SHOW ROOM, WAREHOUSE • 0.31 Acres
      522 Boston St, Lynn, MA 01905
      View Details
    • Value Estimation
      $340,000
      2,443 SF

      97-99 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 2,443 SF
      97-99 Commercial St, Lynn, MA 01905
      View Details
    • Value Estimation
      $345,000
      1,864 SF

      47 Myrtle St

      RETAIL STORES (PERSONAL SERVICES) • 1,864 SF
      47 Myrtle St, Lynn, MA 01905-1727
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3,500 /Mo

      Retail/Office Space in Lynn, MA

      Street-level commercial space in a high-traffic location.
      577 Walnut St, Lynn, MA 01905
      View Details
    • $2,500 /Mo

      Lynn Office Space for Rent

      Office space available for non-profit organization in Lynn, MA.
      47 Myrtle St, Lynn, MA 01905
      View Details
    • $13 SF/Yr
      4,401 SF

      Lynnway Warehouse Space Available

      4,401 SF warehouse/industrial space for lease in Lynn, MA.
      680 Lynnway, Lynn, MA 01905
      View Details
    • $4 SF/Yr

      Former School with Adaptable Design

      Vast building suitable for educational, recreational, or multi-purpose endeavors.
      589 Boston St, Lynn, MA 01905
      View Details

    Property Visit Statistics

    • Visits by month
      190.1k
    • Visitors by month
      80.8k
    • Avg Time on site
      32 min
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    40 Federal St
    Lynn, MA 01905
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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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