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Property profile & analytics
OFF-MARKET
Office buildings
72 Woodland St Methuen, MA 01844-4239
Individually Owned
39-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0624338
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
FRAME
Total area
1,768 SF
Lot
0.51 ac (22,041 SF)
Zoning code
RD
APN
METH M:00616 B:00151 L:00143D
UPID
US38-0624338
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
Thomas S Perrault · 39 yrs held
Thomas S Perrault
since 1987
1 recorded transaction
Zoning & alternative use
RD · Methuen, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RD Single-Family Residence District. The Single-Family Residence District RD is composed of developed lots approximately 10,000 square feet in size. RG General Residence Districts. The General Residence District RG is composed of all those areas so designated on the official zoning map, and like the preceding districts is generally served by local streets an…
Zone name
Single Residence
General category
RESIDENTIAL
Zone area
1,884.89 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Methuen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Methuen submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,879
Tax year 2024
Assessed value
$422,800
Assessed 2024
Previous assessed
$413,000
+2.4% YoY
Effective rate
2.10%
On assessed value
Assessed land
$180,500
Assessed improvement
$242,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
1,768 SF
Lot
0.51 ac (22,041 SF)
Zoning code
RD
APN
METH M:00616 B:00151 L:00143D
UPID
US38-0624338
Jurisdiction
METHUEN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
RD · Methuen, MAZoning RD · permitted uses
RD · Methuen, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RD Single-Family Residence District. The Single-Family Residence District RD is composed of developed lots approximately 10,000 square feet in size. RG General Residence Districts. The General Residence District RG is composed of all those areas so designated on the official zoning map, and like the preceding districts is generally served by local streets and collectors. The predominant land uses are intended to be single- and two-family homes. Any other uses that would otherwise interfere with the intent of this Ordinance are discouraged.
Zone name
Single Residence
General category
RESIDENTIAL
Zone area
1,884.89 ac
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Thomas S Perrault
Individual
Mailing address
76 WOODLAND ST, METHUEN, MA 01844-4239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1987
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 1987
—
Thomas S Perrault
—
Deed Of Trust
related
$168,000 · First Essex Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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