NE Provenance

1020 Riverside Dr

Methuen, MA 01844

Commercial
Owner
103...
Owner Type
LLC
Tenure
14 yrs
Assessed
$574,600
Built
1920
Sq Ft
7,750
Lot
1.02 ac
Bed/Bath
—/2
Type
Commercial
Elevated Risks20ConditionC2Fire GradeBPermits8Last PermitJun 2025FloodAE

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1020 Riverside Dr, Methuen, MA 01844— Property Report

Building& Property Details

1020 Riverside Dr is a Parking Lot commercial built in 1920 located in Methuen, Essex County, MA. The building has 7,750 square feet of building area on a 1.02-acre lot. The building has 2 bathrooms across 2 stories.

Flood Zone & Natural Hazard Assessment

1020 Riverside Dr is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The FEMA National Risk Index composite rating for this area is Very Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 1020 Riverside Dr at Grade B (Strong fire protection access). The nearest fire station, METHUEN FIRE DEPARTMENT, is 1.0 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 8 building permits on file for 1020 Riverside Dr. The most recent permit was filed June 17, 2025. In the past five years, 8 permits have been issued. The current municipal assessment is $574,600, with $278,500 attributed to land and $296,100 to improvements. The property last sold on February 27, 2012 for $550,000. The deed history includes 1 recorded conveyance.

Environmental & Land Use

1020 Riverside Dr is classified as a waterfront property. Dam exposure is rated Moderate.

MethuenNeighborhood & Community

1020 Riverside Dr is located in Methuen, Essex County, MA. The property is zoned RR (Rural Residential). The median home value in this census tract is $404,300. Median household income is $52,427. The owner-occupancy rate in the surrounding area is 68%. The property is served by the Methuen school district.

Full Property Intelligence Report

The complete NE Provenance report for 1020 Riverside Dr, Methuen, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.