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    49 Blanchard St Lawrence, MA 01843

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    For Sale
    $5,800,000

    Over 50,000 sq ft of rentable building space.

    Lot size:
    1.28 Acres

    Property Features for 49 Blanchard St

    General Information

    Lot size
    1.28 Acres

    Building Details

    Year built
    1880

    Source: Century 21 North East Agent Michelle Fermin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Industrial, Warehouse, Office Space

    This property offers versatile industrial, warehouse, and office space, totaling over 50,000 square feet of rentable building space. The property is located in a classified Opportunity Zone. It features multiple loading docks. The property is currently operating at a 7.2 percent cap rate, with potential for rent increases. It is located within walking distance of the commuter rail and public transportation. The property is a potential candidate for condo or residential conversion. Partial seller financing is a possibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    NailphoriaCo Beauty Salon AJAX MOVING, LLC Moving And Storage Service The Credit Cycle Credit Counseling Service All Pro Floor ... Cleaning Service Royal Prestige Kitchen Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    AJAX MOVING, LLC, ABC Moving & Storage, Mondelez International, All Moving and Delivery, King Movers & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1611486
    Latitude
    42.6965129

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    FAQs

    What type of property is this?
    Warehouse - Over 50,000 sq ft of rentable building space.
    Where is this warehouse located?
    The property is located at 49 Blanchard St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: - Over 50,000 sq ft of rentable industrial/warehouse/office space.; - Located in a classified Opportunity Zone.; - Multiple loading docks for efficient operations.
    (978) 423-6545
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    49 Blanchard St Lawrence, MA 01843
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    Lawrence, MA 01843
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 Blanchard St Lawrence, MA 01843
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