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    Property profile & analytics

    588 Western Ave, Unit 594 Lynn, MA 01904-3235

    • Investment properties
    • 8,453 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0645630
    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

    • Investment properties

    Property Details for 588 Western Ave

    Year built
    1900
    Lot size
    0.08 lot acres
    Property size
    8,453 SF
    Zone code
    BD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LYNN M:054 B:725 L:006
    APU
    LYNNM054B725L006

    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
    -70.9609
    Latitude
    42.4662
    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
    $0.00
    $58,300
    $8,600
    $66,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,053 SF

      117-119 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,053 SF
      117-119 Western Ave, Lynn, MA 01904
      View Details
    • Value Estimation by Request
      3,076 SF

      252 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,076 SF
      252 Western Ave, Lynn, MA 01904-3007
      View Details
    • Value Estimation by Request
      5,529 SF

      578 Chestnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,529 SF
      578 Chestnut St, Lynn, MA 01904-2638
      View Details
    • Value Estimation by Request
      2,401 SF

      389 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,401 SF
      389 Broadway, Lynn, MA 01904-2629
      View Details
    • Value Estimation by Request
      4,883 SF

      137 Euclid Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,883 SF
      137 Euclid Ave, Lynn, MA 01904-2337
      View Details
    • Value Estimation by Request
      0.65 Acres

      124 Lynnfield St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.65 Acres
      124 Lynnfield St, Lynn, MA 01904-2242
      View Details

    Similar Nearby for Sale

    • $759,000

      Lynn Two-Family in Ward One

      Two-family property with updates in a desirable location.
      246 Euclid Ave, Lynn, MA 01904
      View Details
    • $899,999

      Updated Two-Family Home in Lynn

      Turn-key, high-income property near transportation and downtown.
      325 Western Ave, Lynn, MA 01904
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,612 SF

      Retail Space in Lynn, MA

      10,612 SF retail space available in Lynn, MA.
      86-102 Boston St, Lynn, MA 01904
      View Details
    • $1,999 /Mo

      Prime Retail/Office Space in Lynn

      Highly visible 600 sq ft commercial space for lease.
      232-234 Lynnfield St, Lynn, MA 01904
      View Details
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    588 Western Ave, Unit 594
    Lynn, MA 01904-3235
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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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