Property profile

1385 Lakeview Ave Dracut, MA 01826

OFF-MARKET
Showrooms
Property ID
US38-0363484
4,188 SF 0.46 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,188 SF
Lot 0.46 ac (20,000 SF)
Zoning code B3
APN DRAC M:45 L:45
UPID US38-0363484

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Medical Clinic
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

1385 Lakeview Ave Dracut, MA 01826-3414
Dracut metro Census 314200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$828k
Blend (final) Blend
$895k

Owner & transaction history

since 2022
Last sale
$1.0M
2 recorded transactions
2022
$1.0M
1997
Price N/A

Zoning & alternative use

B3 · Dracut, MA
Top alternative use upside
Auto repair, garage $1.2M +83.5%
Neighborhood: shopping center $1.2M +80.7%
Retail stores $1.1M +75.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1385 Lakeview Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message