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    Property profile & analytics

    1 Commercial Dr Lakeville, MA 02347-1661

    • Manufacturing properties
    • 8,000 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US38-0397886
    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

    • Manufacturing properties

    Property Details for 1 Commercial Dr

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    2.07 lot acres
    Property size
    8,000 SF
    Property type
    Manufacturing properties
    APN
    LAKE M:00062 B:0003 L:005
    APU
    LAKEM00062B0003L005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9224
    Latitude
    41.8793
    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
    $7,921
    $415,500
    $335,300
    $750,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      30,000 SF

      101 Charles Eldridge Rd

      MANUFACTURING (LIGHT) • 30,000 SF
      101 Charles Eldridge Rd, Lakeville, MA 02347-1376
      View Details
    • Value Estimation
      $1,180,000
      11,956 SF

      540 Kenneth Welch Dr

      MANUFACTURING (LIGHT) • 11,956 SF
      540 Kenneth Welch Dr, Lakeville, MA 02347-1374
      View Details
    • Value Estimation
      $275,000
      3,780 SF

      121 Crooked Ln

      MANUFACTURING (LIGHT) • 3,780 SF
      121 Crooked Ln, Lakeville, MA 02347-1432
      View Details
    • Value Estimation by Request
      10,370 SF

      4 Industrial Dr

      MANUFACTURING (LIGHT) • 10,370 SF
      4 Industrial Dr, Lakeville, MA 02347
      View Details
    • Value Estimation by Request
      40,560 SF

      240 Kenneth Welch Dr

      MANUFACTURING (LIGHT) • 40,560 SF
      240 Kenneth Welch Dr, Lakeville, MA 02347-1348
      View Details
    • Value Estimation by Request
      9,498 SF

      303 Kenneth Welch Dr

      MANUFACTURING (LIGHT) • 9,498 SF
      303 Kenneth Welch Dr, Lakeville, MA 02347-1373
      View Details

    Similar Nearby for Sale

    • $895,000
      5.50 Acres

      Lakeville Land with Development Potential

      5.5-acre land parcel near Route 495, suitable for development.
      39 Bedford St, Lakeville, MA 02347
      View Details
    • New
      $1,295,000
      7.11 Acres

      Lakeville Land with Development Potential

      Two lots totaling 7.11 acres near Route 495.
      39 Taunton St, Lakeville, MA 02347
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    • $649,900

      Versatile Office Space in Lakeville

      2,734 sq ft office space on 0.79 acres.
      75 Main St, Lakeville, MA 02347
      View Details
    • New
      $275,000
      5.60 Acres

      Former Cranberry Bog Land Parcel

      Prime agricultural land near Ocean Spray headquarters in Lakeville, MA.
      Rear Cross St, Lakeville, MA 02347
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,555 SF

      Cold Storage/Warehouse Space Available

      Cold storage and warehouse space for lease with highway access.
      310 Kenneth Welch Dr, Lakeville, MA 02347
      View Details
    • Contact for pricing
      24,000 SF

      Lakeville Office Space: Prime Location

      Class A Office Suite, I-495 Access
      10 Riverside Dr, Lakeville, MA 02347
      View Details
    • $23 SF/Yr
      1,350 SF

      Lakeville Office Space For Rent

      Office space available in Lakeville with ample parking.
      10-30 Riverside Dr, Lakeville, MA 02347
      View Details
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    1 Commercial Dr
    Lakeville, MA 02347-1661
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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
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