Financial
Distress signals
Property profile

5 Pleasant St Methuen, MA 01844

FOR LEASE
Office buildings
Property ID
US38-0098465
26,083 SF 0.73 ac lot Built 1900
Last sale Jan 2022 · $1,975,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite #106 is a first-floor office suite of approximately 800 square feet within a building located at 5 Pleasant Street in downtown Methuen. The interior is configured for professional office use and features cathedral-height ceilings with a ceiling fan, natural woodwork throughout, and a hardwood floor, along with a large front floor-to-ceiling window that provides significant natural light. The space is designated for tenant responsibility of electricity and internet services and is set up to accommodate office occupancy.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$1.30M
Assessed land$278k
Assessed improvement$1.02M
Effective rate2.10%

Value estimate

· Sep 2026
$2.21M
$1.99M – $2.43M
AI approach$2.23M
Sales comparison$2.88M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$110 – $217
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
CBD Central Business District. The Central Business District is composed of all those areas so designated on the official zoning map. It ...
General categoryCOMMERCIAL
JurisdictionMETHUEN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Locksmith9.1
Catering Service8.8

Location

5 Pleasant St Methuen, MA 01844
County assessor Recorded deeds · 10 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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