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    Property profile & analytics

    46 Old Ferry Rd Methuen, MA 01844

    • Industrial land
    • 19.80 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Oct 05, 2022
    $7,200,000
    Location Intelligence
    Property ID
    US38-1334513
    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

    • Industrial land

    Property Details for 46 Old Ferry Rd

    Lot size
    19.80 lot acres
    Zone code
    IL
    Property type
    Industrial land
    APN
    METH M:01010 B:00079 L:00017
    APU
    METHM01010B00079L00017

    Description

    This exceptional Class A industrial property, located at 46 Old Ferry Rd in Methuen, MA, offers 60,000 to 147,840 square feet of versatile space, perfect for manufacturing, R&D, or distribution. Built in 2024, this single-story building boasts a 36-foot clear height and features 21 loading docks (expandable to 30). The 19.3-acre lot provides ample parking for over 150 vehicles, easily adaptable for outdoor storage or trailer parking. The property benefits from superior regional access, situated near the Massachusetts/New Hampshire border with immediate access to I-93 and I-495. Heavy power is available, with a current 4,000-amp service and the capacity to upgrade to 7,000 amps. The property is zoned for industrial use and is owned by Patriot Holdings. This prime location and flexible design make it an ideal investment opportunity. Contact us today to learn more about this exceptional industrial property.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1428
    Latitude
    42.75
    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
    $17,441
    $830,500
    $0.00
    $830,500
    -
    $0.00
    $0.00
    $0.00

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    46 Old Ferry Rd
    Methuen, MA 01844
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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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