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Property profile & analytics
OFF-MARKET
Retail space

69 Main St 71 Merrimac, MA 01860-2030

1,890 SF 0.83 ac lot Built 1990
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US38-0388309
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction STEEL FRAME
Total area 1,890 SF
Lot 0.83 ac (36,002 SF)
Zoning code RH
APN MERR M:0039 B:0001 L:001-A
UPID US38-0388309
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
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
Berrysimage Realty LLC · 2 yrs held
Berrysimage Realty LLC
since 2023
Last sale
$500,000
2 recorded transactions
2023
Price N/A
2018
Price N/A
Zoning & alternative use
RH · Merrimac, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

9 RURAL HIGHWAY DISTRICT (RH) 9.1 Purposes. The Town shall have a Rural Highway District as shown on the OFFICIAL ZONING MAP. The purposes of the Rural Highway District are to encourage Route 110 to develop in a manner consistent with the visual character of the community, strengthen and stabilize the Town’s tax base, and foster a wide range of commercial us…

Zone name Rural Highway
General category COMMERCIAL
Zone area 266.50 ac
Source Merrimac Zoning Bylaw
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