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    Property profile & analytics

    72 Merrimac St Newburyport, MA 01950-2542

    • Industrial properties
    • 2,600 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US38-1088588
    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

    • Industrial properties

    Property Details for 72 Merrimac St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.71 lot acres
    Property size
    2,600 SF
    Property type
    Industrial properties
    APN
    NEWP M:0048 B:0013 L:0000
    APU
    NEWPM0048B0013L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $435,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $485,000
      Mixed-Use
      $390,000
      Hospitality
      $515,000
      Educational
      $500,000
      Residential Income
      $480,000
      Energy
      $460,000
      Income-Based Land
      $425,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8736
    Latitude
    42.8129
    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
    $8,334
    $750,100
    $85,800
    $835,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      38,724 SF

      10 Malcolm Hoyt Dr

      INDUSTRIAL (GENERAL) • 38,724 SF
      10 Malcolm Hoyt Dr, Newburyport, MA 01950-4018
      View Details
    • Value Estimation
      $400,000
      2,000 SF

      6 Perkins Way Ste C

      CONDOMINIUMS (INDUSTRIAL) • 2,000 SF
      6 Perkins Way Ste C, Newburyport, MA 01950-4232
      View Details
    • Value Estimation
      $395,000
      2,000 SF

      6 Perkins Way Ste G

      CONDOMINIUMS (INDUSTRIAL) • 2,000 SF
      6 Perkins Way Ste G, Newburyport, MA 01950-4232
      View Details
    • Value Estimation
      $415,000
      2,000 SF

      6 Perkins Way Ste H

      CONDOMINIUMS (INDUSTRIAL) • 2,000 SF
      6 Perkins Way Ste H, Newburyport, MA 01950-4232
      View Details
    • Value Estimation
      $815,000
      2,794 SF

      18 Graf Rd, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 2,794 SF
      18 Graf Rd, Newburyport, MA 01950-4032
      View Details
    • Value Estimation
      $295,000
      1,397 SF

      18 Graf Rd, Unit 12

      CONDOMINIUMS (INDUSTRIAL) • 1,397 SF
      18 Graf Rd, Newburyport, MA 01950-4032
      View Details

    Similar Nearby for Sale

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      Modern, renovated multifamily property in downtown Newburyport near amenities.
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      Newburyport Mixed-Use Building For Sale

      Mixed-use property in Newburyport's thriving economic environment.
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    Similar Nearby for Lease

    • $18 SF/Yr
      3,042 SF

      Industrial Flex Unit in Newburyport

      3,042 SF industrial flex unit available for lease.
      65 Parker St, Newburyport, MA 01950
      View Details
    • $18 SF/Yr

      Newburyport Industrial Flex Unit

      3,042 SF industrial flex unit for lease in Newburyport.
      65 Parker St, Newburyport, MA 01950
      View Details
    • $14 SF/Yr

      Warehouse and Office Flex Space

      Warehouse and office flex space for lease near Seaport.
      69 Parker St, Newburyport, MA 01950
      View Details
    • $14 SF/Yr
      2,950 SF

      Newburyport Warehouse and Office Flex

      Warehouse and office flex space near Seaport Business Park.
      69 Parker St, Newburyport, MA 01950
      View Details
    • $16 SF/Yr
      2,650 SF

      Newburyport Flex Space For Lease

      2,650sf flex space with warehouse and remodeled office.
      65 Parker St, Newburyport, MA 01950
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Space in Newburyport Facility

      Industrial space for lease in existing 73,200 SF facility.
      25 Hale St, Newburyport, MA 01950
      View Details
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    72 Merrimac St
    Newburyport, MA 01950-2542
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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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