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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Showrooms
1393 Lakeview Ave Dracut, MA 01826-3463
Trust Owned
11-yr Hold
Free & Clear
Property ID
US38-0361181
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2016
Construction
FRAME
Total area
5,147 SF
Lot
0.7 ac (30,375 SF)
Zoning code
B3
APN
DRAC M:45 L:46
UPID
US38-0361181
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
-
Rustic Art by Terri Training Center (Bike/Boat/Book/etc) Store
-
TF Electric Electrical Service General Contractor
-
Big Red Plumbing Heating & AC Plumbing Service General Contractor
-
Strategic Builders General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$805k
Owner & transaction history
Zkc Realty Trust · 11 yrs held
Zkc Realty Trust
since 2015
6 recorded transactions
Zoning & alternative use
B3 · Dracut, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.2M
+50.2%
Office building
$1.1M
+42.7%
Industrial (general)
$790,000
+0.1%
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 Dracut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dracut 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$790,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,185,000
Change: +50% · Conversion: Moderate
OFFICE BUILDING
$1,125,000
Change: +43% · Conversion: Easy
INDUSTRIAL (GENERAL)
$790,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$156 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,391
Tax year 2024
Assessed value
$707,300
Assessed 2024
Previous assessed
$649,200
+8.9% YoY
Effective rate
1.04%
On assessed value
Assessed land
$365,500
Assessed improvement
$341,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
5,147 SF
Lot
0.7 ac (30,375 SF)
Zoning code
B3
APN
DRAC M:45 L:46
UPID
US38-0361181
Jurisdiction
DRACUT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B3 · Dracut, MAZoning B3 · permitted uses
B3 · Dracut, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$790,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
0.7 ac
Current owner
From public records · entity-resolved
Zkc Realty Trust
Trust
Free & Clear · 11 yrs held
Mailing address
5 SUNRIDGE RD, WINDHAM, NH 03087-1771
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2016
—
Zkc Realty Trust
—
Deed
related
$459,000 · Enterprise Bk
Jan 26, 2015
$67,500
Zkc Realty Trust
Gunther Family Trust
Quit Claim Deed
—
Dec 31, 1998
—
Ernest H Gunther 3rd
—
Deed Of Trust
related
$175,000 · Bf Butler Coop Bank
May 3, 1989
$235,000
Ernest H Gunther III
Taupier,alan P
Grant Deed
$180,000 · Central Savings Bank
Sep 20, 1988
$212,222
Marley Pk Nt
Belleau,rosario A
Grant Deed
$153,200 · Shawmut First Chelms
—
—
Zkc Realty Trust
—
Deed Of Trust
related
$459,000 · Enterprise Bk
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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