Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

1255 Bridge St Dracut, MA 01826

  • Banks
  • 1,828 SF
  • 0.67 lot acres
Value Estimation
Last Sale
Mar 11, 2020
$550,000
Location Intelligence
Property ID
US38-1237413
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Banks

Property Details for 1255 Bridge St

Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.67 lot acres
Property size
1,828 SF
Zone code
B3
Property type
Banks
APN
DRAC M:50 L:238
APU
DRACM50L238

Description

This exceptional commercial property at 1255 Bridge Street in Dracut, Massachusetts, presents a unique opportunity for a discerning business. Boasting 2,575 square feet of versatile space, this property is ideally suited for retail or office use. The expansive 0.67-acre lot provides ample parking for over 20 vehicles, a significant advantage in a high-traffic area. Located on Bridge Street, this site benefits from an impressive daily traffic count of approximately 14,000 cars, ensuring high visibility and accessibility for your business. The property enjoys a prime location, shadowed by established businesses such as Market Basket Plaza, McDonald's, Advanced Auto Parts, and Walgreens, creating a synergistic environment and attracting a substantial customer base. This strategic positioning offers excellent exposure and immediate access to a dense concentration of consumers. The property's size and location make it an exceptional investment opportunity for businesses seeking a high-visibility presence in a thriving commercial area. The substantial parking capacity further enhances its appeal, ensuring convenience for both employees and customers. This is a rare opportunity to secure a well-situated commercial property in a highly desirable location. The asking price is $16 million.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $595,000
  • CAP approach

    CAP return
    Estimation
    6%
    $565,000
    6.5%
    $545,000
    7%
    $530,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $605,000
    Geo Method
    $540,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $560,000
    Retail
    $555,000
    Mixed-Use
    $465,000
    Hospitality
    $600,000
    Educational
    $515,000
    Residential Income
    $530,000
    Energy
    $490,000
    Income-Based Land
    $475,000
    Food Service
    $560,000

Location Insight

  • Map
  • Local Demand
City
Dracut
County
Middlesex
State
Massachusetts
Longitude
-71.3029
Latitude
42.6661
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,808
$311,400
$435,800
$747,200
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message