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Financial
Distress signals
Property profile

60 Pine St 7 Methuen, MA 01844

FOR LEASE
Other industrial properties
Property ID
US38-1059960
840 SF Built 1905
Last sale Dec 2009 · $207,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
60 Pine St,Unit 7, Methuen, MA 01844 For Lease 1 / 9
$410/Mo
60 Pine St,Unit 7, Methuen, MA 01844
View Listing

Property summary

AI-generated overview

The property is a second-floor flex space in a building constructed in 1905, zoned BL. It is configured with five private offices and three open production/warehouse-style areas, along with high ceilings, a bathroom and washroom, and a private entrance. The space includes on-site parking for up to seven vehicles and is suited for a range of uses such as light manufacturing, creative studio work, professional services, or other small business activities. The property is located at 60 Pine St #7…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$3k
Tax billed · 2024
Assessed value$134k
Assessed improvement$134k
Effective rate2.10%

Value estimate

· Oct 2026
$300k
$270k – $330k
NOI build-up
Gross scheduled income$5k
Vacancy & credit loss−$961
Operating expenses−$1k
NOI · 775.12% cap applied$3k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 211 recorded sales of this use type
Observed band · Q1–Q3$100 – $254

Cap rate analysis

How does the asset earn?
775.12%
$3k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BL
BL Limited Business Districts. The Limited 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 Facility9.6
Locksmith9.1
Pharmacy8.8

Location

60 Pine St, Unit 7 Methuen, MA 01844
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30 Osgood, Methuen, MA 01844-3030 $450,000 Sep 2024 11,760 SF
20 Aegean Dr, Methuen, MA 01844-1580 $350,000 Apr 2024 2,240 SF
687 Lowell St, Methuen, MA 01844-1869 $215,000 May 2023 1,911 SF
33 Pne, Methuen, MA 01844-6817 $70,000 Jun 2021 943 SF
2 Oak, Methuen, MA 01844 $147,300 Oct 2020 546 SF
101 Lindberg, Methuen, MA 01844-2466 $500,000 Oct 2019 5,892 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $125,000
    546 SF
    2 Oak St
    HEAVY INDUSTRIAL
    2 Oak St, Methuen, MA 01844
    View Details
  • Value Estimation
    $395,000
    2,688 SF
    20 Aegean Dr Ste, Unit 14
    CONDOMINIUMS (INDUSTRIAL)
    20 Aegean Dr Ste, Methuen, MA 01844-1580
    View Details
  • Value Estimation
    $415,000
    2,750 SF
    107 Cross St
    WAREHOUSE, STORAGE
    107 Cross St, Methuen, MA 01844-1654
    View Details
  • Value Estimation
    $625,000
    3,814 SF
    687 Lowell St Ste, Unit 1
    CONDOMINIUMS (INDUSTRIAL)
    687 Lowell St Ste, Methuen, MA 01844-1869
    View Details
  • Value Estimation
    $865,000
    5,892 SF
    101 Lindberg Ave
    WAREHOUSE, STORAGE
    101 Lindberg Ave, Methuen, MA 01844-2466
    View Details
  • Value Estimation
    $655,000
    6,400 SF
    110th Jackson St
    MANUFACTURING (LIGHT)
    110th Jackson St, Methuen, MA 01844-5045
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    2,689 SF
    Flex Space with Workshop
    Open commercial layout with a separate lower-level workshop, natural light, kitchenette, and access to a downtown riverwalk.
    30R Hampshire, Methuen, MA 01844
    View Details
  • New
    Contact for pricing
    2,982 SF
    Flex Space with Private Offices
    Second-floor space combines enclosed offices with open production and warehouse areas.
    60 Pine St, Methuen, MA 01844
    View Details
  • New
    Contact for pricing
    52,700 SF
    Flex Building
    Established flex property offering substantial building capacity on an expansive acreage tract.
    476 Broadway, Methuen, MA 01844
    View Details

Similar Nearby for Lease

  • New
    $2,750/Mo
    2,689 sqft
    Historic District Flex Office
    Entire floor offers an open layout with private digital-entry walk-in access plus separate workshop/studio/light industrial space.
    30r Hampshire, Methuen, MA 01844
    View Details
  • New
    $3,300/Mo
    3,300 sqft
    Open-Plan Warehouse Space
    Open warehouse layout with existing plumbing supports flexible interior planning.
    7-8-1111 Riverside Dr, Methuen, MA 01844
    View Details
  • $11.95 SF/Yr
    52,700 sqft
    Flex Building on Acreage
    Flex facility available for lease with substantial building area and accompanying land.
    476 Broadway, Methuen, MA 01844
    View Details
  • New
    $410/Mo
    Flex Space with Private Entrance
    Second-floor flex space includes private entry, offices, production/warehouse areas, bathroom and washroom, and up to seven parking spaces.
    6-60 Pine St, Methuen, MA 01844
    View Details
  • New
    $725/Mo
    Second-Floor Flex Office Suite
    Second-floor suite includes private entrance, offices, open production/warehouse areas, and up to seven parking spaces.
    2-60 Pine St, Methuen, MA 01844
    View Details
  • New
    $450/Mo
    Flex Space with Private Entrance
    Second-floor flex space includes private entrance, five offices, production/warehouse areas, and up to seven parking spaces.
    8-60 Pine St, Methuen, MA 01844
    View Details
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