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Financial
Distress signals
Property profile

880-882 Western Ave Lynn, MA 01905

OFF-MARKET
Auto shops
Property ID
US38-1877101
5,492 SF 0.16 ac lot Built 1920
Last sale Sep 2009 · $1
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A recently renovated commercial corner unit configured for retail or office use, offering approximately 600 square feet of interior space with new flooring and newly finished walls. The unit has a private entrance, an efficient heating and cooling system, and a half bathroom. A full basement extends the usable footprint with additional storage and support space suitable for inventory, supplies, or back-of-house operations. The property is located on a corner at a busy, signalized intersection with visibility to both foot and vehicle traffic.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$611k
Assessed land$351k
Assessed improvement$260k
Effective rate2.02%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$271/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$164 – $350
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BD
JurisdictionLYNN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.4
Law Firm28.7
Dental Office21.4

Location

880-882 Western Ave Lynn, MA 01905
County assessor Recorded deeds · 9 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3 Camden, Lynn, MA 01905 $1,150,000 Mar 2025 4,473 SF
26 Bennett, Lynn, MA 01905-3002 $200,000 Jul 2022 5,929 SF
754 Western, Lynn, MA 01905 $520,000 Jan 2022 3,807 SF
553 Lynnway, Lynn, MA 01905 $1,920,000 Jun 2021 6,000 SF
165 Commercial, Lynn, MA 01905-2909 $950,000 May 2021 7,500 SF
46 Bennett, Lynn, MA 01905-3002 $21,000 Dec 2019 3,807 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $345,000
    5,516 SF
    182 Aly St
    AUTO REPAIR, GARAGE
    182 Aly St, Lynn, MA 01905-2902
    View Details
  • Value Estimation
    $210,000
    5,929 SF
    26 Bennett St
    AUTO REPAIR, GARAGE
    26 Bennett St, Lynn, MA 01905-3002
    View Details
  • Value Estimation
    $1,995,000
    6,000 SF
    553 Lynnway
    AUTO REPAIR, GARAGE
    553 Lynnway, Lynn, MA 01905
    View Details
  • Value Estimation
    $1,110,000
    4,473 SF
    3 Camden St
    AUTO REPAIR, GARAGE
    3 Camden St, Lynn, MA 01905
    View Details
  • Value Estimation
    $995,000
    7,500 SF
    165 Commercial St
    AUTO REPAIR, GARAGE
    165 Commercial St, Lynn, MA 01905-2909
    View Details
  • Value Estimation
    $300,000
    3,807 SF
    46 Bennett St
    AUTO REPAIR, GARAGE
    46 Bennett St, Lynn, MA 01905-3002
    View Details

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  • New
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  • New
    $1,500,000
    19,473 SF
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Similar in This City for Lease

  • New
    Contact for pricing
    5,665 sqft
    Automotive Service Facility with Showroom
    Automotive property with showroom, office, service areas, and established licensing capabilities for multiple vehicle-related operations.
    295 Lynnway, Lynn, MA 01901
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  • New
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    Retail Space in Lynn, MA
    Retail space available in Lynn, MA with on-site parking.
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    View Details
  • New
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    8,000 sqft
    Retail Property in Lynn, MA
    8,000 sqft retail space available for lease.
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  • New
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    715 sqft
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    715 SF retail space next to Lynn MBTA station.
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  • Contact for pricing
    2,193 sqft
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    Retail space with high traffic and convenient parking.
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  • New
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    1,400 sqft
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    Retail space for lease in established shopping center.
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    View Details
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