501 Griffin Brk Dr Methuen, MA 01844-1870
Property profile & analytics
501 Griffin Brk Dr, Methuen, MA 01844-1870
- Manufacturing properties
- 78,702 SF
- 3.94 lot acres
Property ID
US38-0863393
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
- 3M Touch Systems / Marketing & Advertising / Advertising Agency
Property Details for 501 Griffin Brk Dr
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 3.94 lot acres
- Zone code
- IL
- Property type
- Manufacturing properties
- APN
- METH M:00220 B:00165A L:00009E
- APU
- METHM00220B00165AL00009E
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 24, 2021 | $11,350,000 | Griffin Brk Dr Owner LLC | 3m Touch Systems INC | Quit Claim Arm's Length For Ne States | $5.7M · Cambridge Savings Bank |
| Aug 4, 1995 | $1,690,000 | Microtouch Systems INC | Griffin Brook 2 Assoc | Grant Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $14,390,000
- ML approach
- $11,185,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,950,000
- 6.5%
- $12,880,000
- 7%
- $11,960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,730,000
- AI Estimate
- $7,127,000
Market price range: $7.91M - $20.0MMarket price range: $3.01M - $12.9M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $12,885,000 Current use
- AUTO REPAIR, GARAGE
- $18,850,000 Change: +46% Conversion: Easy
- RETAIL STORES
- $17,505,000 Change: +36% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $14,435,000 Change: +12% Conversion: Difficult
- OFFICE BUILDING
- $13,330,000 Change: +3% Conversion: Difficult
- WAREHOUSE, STORAGE
- $11,065,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.2367
- Latitude
- 42.6923
- 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
$121,321
$772,300
$5,004,900
$5,777,200
-
$0.00
$0.00
$0.00
