Property profile

720 Main St Tewksbury, MA 01876

OFF-MARKET
Showrooms
Property ID
US38-1619190
30,000 SF 2.01 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a multi-story storage facility currently configured for storage use. It consists of three floors with approximately 10,000 square feet per floor, for a total of about 30,000 square feet of interior space, and includes surrounding grounds that are maintained. The site is located on Route 38 with a reported traffic count of 27,000, and it is positioned a short distance from Routes 495 and 93.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 30,000 SF
Lot 2.01 ac (87,556 SF)
Zoning code COM
APN TEWK M:0034 L:0038 U:0000
UPID US38-1619190

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

720 Main St Tewksbury, MA 01876-1836
Tewksbury metro Census 315200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$2.57M

Owner & transaction history

since 2022
Last sale
$3.0M
7 recorded transactions
2022
Price N/A
2022
Price N/A
2020
Price N/A
2019
$2.3M
2016
$3.0M
2003
Price N/A
2000
$56,000

Zoning & alternative use

COM · Tewksbury, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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