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Property profile & analytics
OFF-MARKET Estimated value $835,000
Investment properties

70 Cambridge St Methuen, MA 01844-5514

7,926 SF 0.61 ac lot Built 1954
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US38-0810942
Property summary
AI-generated overview

This Methuen, MA property offers a 9,020 square foot warehouse space, perfect for a business seeking larger facilities. Located on Route 110/113, this single-story, 10,500 total square foot building sits on a 0.61-acre lot (26,571 square feet) and boasts a 16-foot ceiling height. Built in 1960 and renovated in 2000, the property features seven drive-in doors with varying widths (7' and 14') and heights (12' and 14'). The space includes 1,624 square feet of office and parts room, 4,620 square feet of work area, and a 928 square foot mezzanine. Additional features include a 1,320 square foot carport and a 616 square foot garage. The property has 15 total parking spaces and is served by 400 Amp, 220 Volt, 3-phase power. The building is currently zoned residential, but alternative uses, such as warehousing, may be permitted with a special permit. The property is classified as Class D and has a 160-foot frontage. While the current tenant occupies the entire building, the entire 9,020 square feet is available. This is a non-conforming use, grandfathered in.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1954
Construction STEEL FRAME
Total area 7,926 SF
Lot 0.61 ac (26,659 SF)
Zoning code RC
APN METH M:01014 B:00108 L:00026C
UPID US38-0810942
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
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$963k
Blend (final) Blend
$835k
Owner & transaction history
Everest T · 3 yrs held
Everest T
since 2022
Last sale
$840,000
3 recorded transactions
2022
$840,000
2022
Price N/A
2014
Price N/A
Zoning & alternative use
RC · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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