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Financial
Distress signals
Property profile

1168 Lakeview Ave Dracut, MA 01826

FOR LEASE
Office buildings
Property ID
US38-0561564
9,856 SF 1.7 ac lot Built 1988
Last sale Feb 2017 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Suite 21/22 is located on the second floor of Enterprise Bank Plaza near the building’s central atrium entrance. The office layout includes two semi-private offices, a private rear office, and a storage/break room, supporting professional business use. The building provides on-site parking for tenants and clients, and the suite is eligible for building signage. The building was constructed in 1988, and the property is zoned Commercial and is legally conforming.

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$12k
Tax billed · 2024
Assessed value$1.12M
Assessed land$397k
Assessed improvement$719k
Effective rate1.04%

Value estimate

· Oct 2026
$2.63M
$2.37M – $2.89M
Submarket $/SF estimate$2.90M
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$13k
Operating expenses−$11k
NOI · 191,616.67% cap applied$34k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables8

Cap rate analysis

How does the asset earn?
191,616.67%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B3
JurisdictionDRACUT

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 agency36.3
Law Firm32.9
Restaurant23.5

Location

1168 Lakeview Ave Dracut, MA 01826
County assessor Recorded deeds · 3 transfers 8 qualifying comp sales Zoning catalog

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

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1890 Lakeview, Dracut, MA 01826-3233 $650,000 Sep 2024 3,074 SF
1112 Broadway, Dracut, MA 01826-2812 $100,000 Oct 2021 4,100 SF
1595 Brg, Dracut, MA 01826-2696 $2,685,000 Feb 2021 11,837 SF
482 Aiken, Dracut, MA 01826-5055 $400,000 Oct 2020 3,198 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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