Active
520 Days on market
128 Pleasant Valley Methuen — Photo 1 of 7

128 Pleasant Valley Methuen — Photo 1 of 7

Recent Drop: $44,900

$319,900
$275,000

$275,000

Investment Analysis — 128 Pleasant Valley

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01844 carries an estimated $1,590/mo in gross rent — about a 2.74% cap rate and $7,535/yr in estimated NOI at the $275,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

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Baths

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SqFt

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Style

Commercial

Built

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Prime Commercial Lot with Business Highway Zoning. Exceptional opportunity to acquire a 0.32-acre level and cleared commercial lot, ideally situated near The Loop shopping center with convenient access to Route 213 and I-495. Zoned BH (Business Highway), this property offers a wide range of permitted uses under city regulations, including—but not limited to—a beauty salon, family day care home, animal clinic, or electric vehicle charging station. This versatile parcel provides excellent visibility and accessibility, making it an ideal location for a variety of business ventures. Prospective buyers are strongly encouraged to consult with local municipal authorities to verify zoning details and explore the full array of permitted uses. Buyers are responsible for conducting their own due diligence. Seller and Seller's Agent make no warranties or representations.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$349,900
Annual Taxes$6,966

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic, On-Site
SewerOther

Building & Exterior

Construction--
Roof--
Foundation--
ZoningBH

Property & Lot

Acres0.32
SqFt Lot13,730
Lot FeaturesLevel, Cleared

Neighborhood

Shopping • Highway Access

Geography

Property History

Price Drop
$275,000

Was $319,900

Sep 2, 2026

MLS® 73358799

Listed
$349,900

Apr 11, 2025

MLS® 73358799

Listing Provided By

Listing Agent: William Letendre

Listing Office: LAER Realty Partners

MLS® Number: 73358799