Financial
Distress signals
Property profile

284 S Broadway Lawrence, MA 01843

FOR LEASE
Other automotive properties
Property ID
US38-1336048
3,180 SF 0.29 ac lot Built 1974
Last sale May 2022 · $1,800,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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284 S Broadway, Lawrence, MA 01843 For Lease
$10,500/Mo
284 S Broadway, Lawrence, MA 01843
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Property summary

AI-generated overview

The property at 284 S Broadway, Lawrence, was built in 1974 and is configured for automotive uses, including repair-shop operations with auto sales and body-shop functionality. The structure includes five drive-in service bays, three of which are double-deep, along with multiple vehicle lifts and approximately 15-foot ceiling heights. A separate office and reception area supports front-of-house activities adjacent to the service areas. The site provides access via Route 28 and is located near

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$420k
Assessed land$189k
Assessed improvement$231k
Effective rate1.94%

Value estimate

· Sep 2026
$1.62M
$1.46M – $1.78M
AI approach$1.79M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$240/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$150 – $357
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAWRENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.6
Law Firm21.7
Skin Care Clinic18.1

Location

284 S Broadway Lawrence, MA 01843
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
413-417 Market, Lawrence, MA 01843-1431 $865,000 Feb 2026 6,252 SF
15 Blanchard, Lawrence, MA 01843-1413 $205,000 May 2025 6,000 SF
12 Emmett, Lawrence, MA 01843-1213 $40,000 Jun 2023 2,340 SF
67 Broadway, Lawrence, MA 01843-1497 $600,000 May 2021 7,719 SF
97 Winthrop, Lawrence, MA 01843-3741 $280,000 Mar 2020 2,924 SF
46 Winthrop, Lawrence, MA 01843-2817 $215,000 Dec 2018 1,641 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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