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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Showrooms
460 Broadway Methuen, MA 01844-2052
Entity Owned
~
Est. High Equity
Property ID
US38-1574689
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
STEEL FRAME
Total area
2,733 SF
Lot
0.35 ac (15,420 SF)
Zoning code
BH
APN
METH M:00610 B:00123 L:00048
UPID
US38-1574689
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
-
Q Q Hong Foot Massage and Bodyworks Alternative Medicine Practice Spa & Massage Center
-
Li Zhen Body Works & Spa Alternative Medicine Practice Spa & Massage Center
-
Habarayanan Deepa Anant DDS Dental Office
-
Merrimack Dental Academy Dental Office Vocational School
-
Methuen Family Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$685k
Owner & transaction history
Divine Peace LLC
Divine Peace LLC
since 2025
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
BH · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$655,000
+30.6%
Retail stores
$610,000
+21.3%
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 Methuen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Methuen 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
Method
Estimation
Statistic approach
$675,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$500,000
Current use
AUTO REPAIR, GARAGE
$655,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +21% · Conversion: Easy
OFFICE BUILDING
$465,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $750k (Nov 24 2025)
Last sale anchor
$750k
Nov 24 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$251 / SF
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
$8,959
Tax year 2024
Assessed value
$426,600
Assessed 2024
Previous assessed
$426,600
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$247,000
Assessed improvement
$179,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
2,733 SF
Lot
0.35 ac (15,420 SF)
Zoning code
BH
APN
METH M:00610 B:00123 L:00048
UPID
US38-1574689
Jurisdiction
METHUEN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BH · Methuen, MA
Zoning BH · permitted uses
BH · Methuen, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Methuen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$655,000
RETAIL STORES
Est. value
$610,000
OFFICE BUILDING
Est. value
$465,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Divine Peace LLC
Entity
Ownership since
2025
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
Nov 24, 2025
$750,000
Divine Peace LLC
Broadway 460 LLC
Deed
$600,000 · Td Bank NA
May 24, 2024
—
460 Broadway Realty LLC
Methuen City Of
Redemption Deed
related
—
Mar 29, 2019
$675,000
Broadway 460 LLC
460 Broadway Realty LLC
Quit Claim Arm's Length For Ne States
$464,000 · Td Bank NA
Apr 10, 2008
—
460 Broadway Rlty LLC
—
Deed Of Trust
related
$560,000 · Enterprise Bank & Trust
Mar 16, 2007
$700,000
460 Broadway Realty LLC
Kalil,michael J
Grant Deed
$500,000 · Andria Kalil
Mar 16, 2007
$1
Michael J Kalil
Michael J Kalil RT
Grant Deed
—
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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