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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Investment properties
97-99 Walnut St Lynn, MA 01905
Entity Owned
6-yr Hold
Property ID
US38-1426867
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
3,708 SF
Lot
0.08 ac (3,658 SF)
Zoning code
R2
APN
LYNN M:039 B:232 L:024
UPID
US38-1426867
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Msd Ents LLC · 6 yrs held
Msd Ents LLC
since 2020
Last sale
$690,000
6 recorded transactions
Zoning & alternative use
R2 · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+174.5%
Retail stores
$820,000
+124.5%
Office building
$775,000
+111.7%
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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
Method
Estimation
Statistic approach
$660,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,005,000
Change: +175% · Conversion: Difficult
RETAIL STORES
$820,000
Change: +124% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: +112% · Conversion: Easy
WAREHOUSE, STORAGE
$520,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $690k (Feb 3 2020)
Last sale anchor
$690k
Feb 3 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
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
Assessed value
$556,000
Assessed 2024
Previous assessed
$556,000
+0.0% YoY
Assessed land
$178,800
Assessed improvement
$377,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Rooms
15
Bathrooms
5
Total area
3,708 SF
Lot
0.08 ac (3,658 SF)
Zoning code
R2
APN
LYNN M:039 B:232 L:024
UPID
US38-1426867
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Lynn, MA
Zoning R2 · permitted uses
R2 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$820,000
OFFICE BUILDING
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$520,000
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Rooms
15
Bathrooms
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
Msd Ents LLC
Entity
Mailing address
79 EDITH ST, EVERETT, MA 02149-1753
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
$331,000
Msd Ents LLC
Walnut 99
Quit Claim Deed
—
Feb 3, 2020
$690,000
Salabec LLC
Msd Enterprises LLC
Quit Claim Arm's Length For Ne States
$517,500 · Salem Five Cents Savings Bank
Nov 13, 2015
$272,000
Walnut 99 RT
Hj&a RT
Quit Claim Arm's Length For Ne States
$272,000 · Marblehead Savings Bank
May 26, 2011
—
Hj RT
—
Deed Of Trust
related
$102,900 · 59 Newhall Street RT
Mar 20, 1995
—
Duffy RT
—
Deed Of Trust
related
$108,000 · Century Bank & Trust Co
May 24, 1991
—
H J RT
—
Deed Of Trust
related
$65,000 · Shore Bank & Trust
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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