Property profile

469 Merrimack St Methuen, MA 01844

OFF-MARKET
Automotive properties
Property ID
US38-0938688
7,865 SF 2.4 ac lot Built 1960
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1960
Construction STEEL FRAME
Total area 7,865 SF
Lot 2.4 ac (104,544 SF)
Zoning code BH
APN METH M:01109 B:00110A L:00002A
UPID US38-0938688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

469 Merrimack St Methuen, MA 01844-5803
Methuen metro Census 252601 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$983k
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
7 recorded transactions
2026
Price N/A
2025
Price N/A
2024
$1.0M
2022
$939,000
2020
Price N/A
2019
Price N/A
2016
$1.1M

Zoning & alternative use

BH · Methuen, MA
Zoning description

B. Applicability. An application for a Billboard Special Permit shall be allowed in the BH and IL Zoning districts. C. Applications. Billboards require a special permit, as set forth in this Section XI. The special permi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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