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Property profile & analytics
OFF-MARKET
Auto shops

65 School St Merrimac, MA 01860

6,264 SF 0.73 ac lot Built 1964
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US38-1840780
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction FRAME
Total area 6,264 SF
Lot 0.73 ac (31,999 SF)
Zoning code VR
APN MERR M:0018 B:0003 L:00002
UPID US38-1840780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aim High Tutoring Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sei Annex LLC · 10 yrs held
Sei Annex LLC
since 2015
2 recorded transactions
2015
$475,000
1993
$444,600
Zoning & alternative use
VR · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ARTICLE 4. VILLAGE RESIDENTIAL DISTRICT (VR) 4.1. Purposes. The Town shall have a Village Residential District as shown on the OFFICIAL ZONING MAP. The purposes of the Village Residential District are to preserve and enhance the established development pattern and traditional neighborhoods near Merrimac Square, to promote a range of housing choices, and to p…

Zone name Village Residential
General category RESIDENTIAL
Zone area 302.50 ac
Source Merrimac Zoning Bylaw
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