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    Property profile & analytics

    567 Lynnway Lynn, MA 01905-3013

    • Turn key restaurants
    • 3,253 SF
    • 1.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1016338
    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.

    Current Use by Public Records

    • McDonald's / Breakfast Restaurant / Coffee Shop
    • Bank of America ATM / Atm

    Property Details for 567 Lynnway

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    1.32 lot acres
    Property size
    3,253 SF
    Zone code
    WF3
    Property type
    Turn key restaurants
    APN
    LYNN M:051 B:796 L:035
    APU
    LYNNM051B796L035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9596
    Latitude
    42.4555
    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
    $33,041
    $1,050,300
    $587,000
    $1,637,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $355,000
      640 SF

      1067 Western Ave

      RESTAURANT • 640 SF
      1067 Western Ave, Lynn, MA 01905-2616
      View Details
    • Value Estimation
      $375,000
      2,585 SF

      937 Western Ave

      RESTAURANT • 2,585 SF
      937 Western Ave, Lynn, MA 01905-2640
      View Details
    • Value Estimation
      $335,000
      2,228 SF

      408 Summer St

      RESTAURANT • 2,228 SF
      408 Summer St, Lynn, MA 01905-2828
      View Details
    • Value Estimation by Request
      3,464 SF

      649 Lynnway

      RESTAURANT • 3,464 SF
      649 Lynnway, Lynn, MA 01905-3015
      View Details
    • Value Estimation by Request
      3,360 SF

      577 Walnut St

      RESTAURANT • 3,360 SF
      577 Walnut St, Lynn, MA 01905-1046
      View Details
    • Value Estimation by Request
      2,385 SF

      720 Lynnway

      RESTAURANT • 2,385 SF
      720 Lynnway, Lynn, MA 01905-3026
      View Details

    Similar Nearby for Sale

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      Multi-tenant building with value-add potential in Lynn, MA.
      723 Summer St, Lynn, MA 01905
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      West Lynn Three-Family Home

      Three-unit home near Saugus Yacht Club with income potential.
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    Similar Nearby for Lease

    • $3,500 /Mo

      Retail/Office Space in Lynn, MA

      Street-level commercial space in a high-traffic location.
      577 Walnut St, Lynn, MA 01905
      View Details
    • $2,500 /Mo

      Lynn Office Space for Rent

      Office space available for non-profit organization in Lynn, MA.
      47 Myrtle St, Lynn, MA 01905
      View Details
    • $13 SF/Yr
      4,401 SF

      Lynnway Warehouse Space Available

      4,401 SF warehouse/industrial space for lease in Lynn, MA.
      680 Lynnway, Lynn, MA 01905
      View Details
    • $4 SF/Yr

      Former School with Adaptable Design

      Vast building suitable for educational, recreational, or multi-purpose endeavors.
      589 Boston St, Lynn, MA 01905
      View Details

    Property Visit Statistics

    • Visits by month
      58.3k
    • Visitors by month
      31.6k
    • Avg Time on site
      8 min
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    567 Lynnway
    Lynn, MA 01905-3013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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