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Property profile & analytics
OFF-MARKET
Commercial real estate
1 Commonwealth Dr, Lawrence, MA 01841-2268
Individually Owned
32-yr Hold
~
Est. High Equity
Property ID
US38-0328169
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
9.18 ac (399,881 SF)
APN
LAWR M:0031 B:0000 L:0038
UPID
US38-0328169
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Commonwealth Nissan Auto Repair Shop
-
Commonwealth Nissan parts Car Dealership
-
Commonwealth Preowned Car Dealership
-
Commonwealth Volkswagen Car Dealership
-
Rob at Commonwealth Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Commonwealth RT · 32 yrs held
Commonwealth RT
since 1994
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$173,254
Tax year 2020
Assessed value
$6,420,000
Assessed 2024
Previous assessed
$6,420,000
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$3,610,900
Assessed improvement
$2,809,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
1
Lot
9.18 ac (399,881 SF)
APN
LAWR M:0031 B:0000 L:0038
UPID
US38-0328169
Jurisdiction
LAWRENCE
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
1
Lot
9.18 ac
Current owner
From public records · entity-resolved
Commonwealth RT
Individual
Mailing address
1 COMMONWEALTH DR, LAWRENCE, MA 01841-2268
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2008
—
Commonwealth RT
—
Deed Of Trust
related
$4,917,984 · Bank Of America
Aug 25, 1994
—
Commonwealth RT
—
Deed Of Trust
related
$4,000,000 · Baybank
Jan 25, 1994
$4,000,000
Commonwealth RT
C Dahers Commonwealth
Grant Deed
related
$4,000,000 · Gmac Mortgage Corp Pa
Jun 6, 1991
—
C Dahers Comwealth Mot
—
Deed Of Trust
related
$1,230,000 · Gmac Mortgage Corp Pa
Sep 2, 1988
—
English Auto City INC
—
Deed Of Trust
related
$6,400,000 · Bank Of New Eng, West
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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