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Financial
Distress signals
Property profile

487-491 Essex St Lawrence, MA 01840

OFF-MARKET
Office buildings
Property ID
US38-0505511
10,092 SF 0.12 ac lot Built 1971
Last sale Feb 2013 · $260,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$656k
Assessed land$160k
Assessed improvement$496k
Effective rate1.94%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$340k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
County average, outlier-cleaned · 417 recorded sales of this use type
Observed band · Q1–Q3$156 – $403
Qualifying comparables7

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 agency42.6
Garden Center16.9
Storage Facility15.3

Location

487-491 Essex St Lawrence, MA 01840
County assessor Recorded deeds · 6 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
510 Essex, Lawrence, MA 01840-1242 $23,000 Aug 2024 7,800 SF
414 Essex, Lawrence, MA 01840-1214 $800,000 Aug 2023 7,970 SF
364 Haverhill, Lawrence, MA 01840 $650,000 Jun 2023 12,942 SF
286-288 Essex, Lawrence, MA 01840 $975,000 Jun 2021 10,410 SF
284 Essex, Lawrence, MA 01840-1516 $975,000 Jun 2021 10,908 SF
33 Franklin, Lawrence, MA 01840-1120 $650,000 Jul 2020 6,302 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

Comparable nearby

  • Value Estimation
    $1,105,000
    10,410 SF
    286-288 Essex St
    OFFICE BUILDING
    286-288 Essex St, Lawrence, MA 01840
    View Details
  • Value Estimation
    $1,100,000
    10,908 SF
    284 Essex St
    OFFICE BUILDING
    284 Essex St, Lawrence, MA 01840-1516
    View Details
  • Value Estimation
    $800,000
    7,970 SF
    414 Essex St, Unit 420
    OFFICE BUILDING
    414 Essex St, Lawrence, MA 01840-1214
    View Details
  • Value Estimation
    $650,000
    12,942 SF
    364 Haverhill St
    OFFICE BUILDING
    364 Haverhill St, Lawrence, MA 01840
    View Details
  • Value Estimation
    $1,185,000
    7,800 SF
    510 Essex St, Unit 512
    OFFICE BUILDING
    510 Essex St, Lawrence, MA 01840-1242
    View Details
  • Value Estimation
    $1,085,000
    13,392 SF
    333-337 Essex St
    OFFICE BUILDING
    333-337 Essex St, Lawrence, MA 01840
    View Details

Similar Nearby for Sale

  • New
    $947,000
    7,308 SF
    Downtown Retail/Office Building
    Brick street-level storefront with large windows and a high-ceiling finished basement, positioned near a major community college.
    407 Essex St, Lawrence, MA 01840
    View Details
  • New
    $947,000
    3,654 SF
    Brick Retail and Office Building
    Street-level storefront with large windows plus a finished high-ceiling basement near a major community college campus.
    407 Essex Street, Lawrence, MA 01840
    View Details
  • New
    Contact for pricing
    1,862 SF
    Multi-Room Office Flex Space
    Office space with three separate offices and an open area, suitable for a range of business and community uses.
    250 Canal Street, Lawrence, MA 01840
    View Details
  • New
    Contact for pricing
    750 SF
    Mill-Building Creative Space
    Character-rich suite offers exposed brick, wood ceilings, and an adaptable open layout.
    1 Union Street Unit 200, Lawrence, MA 01840
    View Details
  • New
    Contact for pricing
    Historic Mill Office Unit
    Exposed brick, hardwood floors, and oversized windows create a distinctive professional setting.
    60 Island Street Unit 103, Lawrence, MA 01840
    View Details

Similar Nearby for Lease

  • $19 SF/Yr
    7,812 sqft
    Renovated First-Floor Office Suite
    Private-entry workspace includes reception, offices, restrooms, a break room, and storage.
    C1-180 Jackson St, Lawrence, MA 01840
    View Details
  • $2,800/Mo
    1,862 sqft
    Multi-Office Office Unit
    Flexible office layout combines private rooms with shared workspace for lease.
    250 Canal St, Lawrence, MA 01840
    View Details
  • $395/Mo
    176 sqft
    Character Office Suite
    Private workspace with exposed brick, industrial windows, hardwood floors, and natural light in a multi-tenant commercial setting.
    103-60 Island St, Lawrence, MA 01840
    View Details
  • $1,110/Mo
    750 sqft
    Office Suite with Exposed Brick
    Flexible open layout with private office space and strong natural light.
    1 Union St Unit 200, Lawrence, MA 01840
    View Details
  • $495/Mo
    176 sqft
    Brick-Walled Office Suite
    A compact workspace with hardwood floors and natural light sits within a multi-tenant commercial property.
    60 Island St 404, Lawrence, MA 01840
    View Details
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