Property profile

49 Lawrence St Methuen, MA 01844

OFF-MARKET
Investment properties
Property ID
US38-0505304
3,229 SF 0.23 ac lot Built 1930
Individually Owned 37-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Construction FRAME
Total area 3,229 SF
Lot 0.23 ac (10,019 SF)
Zoning code RG
APN METH M:00714 B:00027 L:00005
UPID US38-0505304

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
  • Physician
  • Dental Office

Location

49 Lawrence St Methuen, MA 01844-4430
Methuen metro Census 252400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$615k
Blend (final) Blend
$245k

Owner & transaction history

since 1989
2 recorded transactions
1989
$275,000
1987
Price N/A

Zoning & alternative use

RG · Methuen, MA
Zoning description

RG General Residence Districts. The General Residence District RG is composed of all those areas so designated on the official zoning map, and like the preceding districts is generally served by local streets and collect…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $775,000 +30.6%
Retail stores $720,000 +21.3%

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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