5 Br St Methuen, MA 01844-1964
Property profile & analytics
5 Br St Methuen, MA 01844-1964
- Office buildings
- 95,496 SF
- 5.75 lot acres
Property ID
US38-1312544
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.
Location Intelligence
Current Use by Public Records
- Dr. Ankur Mehta / Physician
- Marina Khitrik-Palchuk / Medical Clinic
- Dana-Farber Cancer Institute – Merrimack Valley / Medical Clinic / Hospital
- Dr. Laura Caprario / Physician
- Catherine Iasiello / Physician
Property Details for 5 Br St
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 5.75 lot acres
- Property size
- 95,496 SF
- Zone code
- BH
- Property type
- Office buildings
- APN
- METH M:00418 B:00154 L:00030C
- APU
- METHM00418B00154L00030C
Description
This Class A, 95,000 square foot medical office building in Methuen, Massachusetts, offers exceptional space for lease. Located at 5 Branch Street in Essex County, this property underwent a complete renovation in 2019 and boasts 9-foot ceilings throughout. Multiple tenancy options are available, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 33,000 square feet currently vacant. The building features ample parking, with a ratio of 4 spaces per 1,000 square feet, ensuring convenient access for patients and staff. High-speed elevators are also available for efficient vertical transportation. The building's prime location in Methuen, MA, zip code 01844, provides easy access to major transportation routes and a thriving community. This is an unparalleled opportunity to secure modern, efficient, and well-appointed medical office space in a desirable location. Ideal for a variety of medical practices seeking flexible and spacious accommodations. Contact us today to learn more about leasing options and schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,160,000
- ML approach
- $8,550,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,993,000
- AI Estimate
- $11,931,000
Market price range: $10.5M - $20.8MMarket price range: $7.87M - $22.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $16,175,000 Current use
- AUTO REPAIR, GARAGE
- $22,875,000 Change: +41% Conversion: Difficult
- RETAIL STORES
- $21,240,000 Change: +31% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $17,515,000 Change: +8% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $15,635,000 Change: -3% Conversion: Difficult
- WAREHOUSE, STORAGE
- $13,430,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.2149
- Latitude
- 42.7073
- 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
$211,693
$3,042,200
$7,038,400
$10,080,600
-
$0.00
$0.00
$0.00
