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    130 Parker St, Unit 12 Lawrence, MA 01843
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    Property profile & analytics

    130 Parker St, Unit 12 Lawrence, MA 01843

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    • Office buildings
    • 14,418 SF
    • 0.77 lot acres
    For Lease
    $24 SF/Yr
    View Listing →
    Updated Office Building with Suites For Lease
    $24 SF/Yr
    900 SF

    Updated Office Building with Suites

    Professional office suites available in updated, accessible Lawrence building.

    130 Parker Street #12, Lawrence, MA 1843
    View Listing
    Property ID
    US38-0022201
    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.
    Value Estimations
    $1,670,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • De Marco Paul a DDS / Dental Office
    • Kelley Robert F / Law Firm
    • Porten Paula L / Law Firm
    • Global Services, Immigration, Taxes and more / Corporate Office
    • Stephen W Wight Law Office / Law Firm

    Property Details for 130 Parker St

    Year built
    1885
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.77 lot acres
    Property size
    14,418 SF
    Property type
    Office buildings
    APN
    LAWR M:0101 B:0000 L:0055 A
    APU
    LAWRM0101B0000L0055A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,035,000
      ML approach
      $1,810,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,342,000
      Market price range: $693k - $2.74M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.158
    Latitude
    42.6971
    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
    $29,305
    $275,400
    $1,237,500
    $1,512,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      2,112 SF

      10 Broadway

      OFFICE BUILDING • 2,112 SF
      10 Broadway, Lawrence, MA 01843-1409
      View Details
    • Value Estimation
      $640,000
      2,171 SF

      127 Broadway

      OFFICE BUILDING • 2,171 SF
      127 Broadway, Lawrence, MA 01843-1425
      View Details
    • Value Estimation by Request
      1,975 SF

      206 Broadway

      OFFICE BUILDING • 1,975 SF
      206 Broadway, Lawrence, MA 01843-1420
      View Details
    • Value Estimation
      $1,135,000
      5,539 SF

      92 Broadway

      OFFICE BUILDING • 5,539 SF
      92 Broadway, Lawrence, MA 01843-1411
      View Details
    • Value Estimation
      $9,405,000
      49,342 SF

      1 International Way

      OFFICE BUILDING • 49,342 SF
      1 International Way, Lawrence, MA 01843-1065
      View Details
    • Value Estimation
      $10,485,000
      149,940 SF

      350 Merrimack St

      OFFICE BUILDING • 149,940 SF
      350 Merrimack St, Lawrence, MA 01843-1748
      View Details

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      Commercial property in Lawrence suitable for retail, office, or industrial use.
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      1,128 SF

      Leased Commercial Property with Land

      Fully leased commercial property with land in vibrant business district.
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      Restaurant and Grocery Store Opportunity

      Fully operational Spanish restaurant and grocery store for sale.
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      Pavilion Riverwalk Retail/Office Space

      Unique campus setting with retail, office, and recreational amenities.
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      View Details
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      900 SF

      Updated Office Suite For Rent

      Renovated office suite with flexible lease terms available.
      130 Parker St, Lawrence, MA 01843
      View Details
    • Contact for pricing
      2,928 SF

      Accessible Office Space For Rent

      1,900 SF office space with retail potential, easy access.
      290 Merrimack St, Lawrence, MA 01843
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      Lawrence Industrial Flex Condominium Unit

      9,975 SF flex space with warehouse and office buildout.
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      View Details
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      9,975 SF

      Lawrence Industrial Flex Condominium Unit

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      View Details
    • $900 /Mo

      Office Unit with Private Bath

      Office unit with private bath and kitchenette for rent.
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      View Details
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    Lawrence, MA 01843
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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