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    Property profile & analytics

    1470 Lakeview Ave, Unit 6 Dracut, MA 01826-3401

    • Office Properties & Spaces
    • 580 SF
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Feb 15, 2024
    $240,000
    Location Intelligence
    Property ID
    US38-1500216
    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.

    Current Use by Public Records

    • St. Armand's Payroll, Bookkeeping & Tax Services / Tax Preparation Service / Bookkeeping Service
    • Utopia cutz barber shop / Barber Shop
    • Law Office of Roland L. Milliard / Law Firm / Certification Agency
    • Witkos John J / Attorney
    • Community Auto School / Corporate Campus

    Property Details for 1470 Lakeview Ave

    Year built
    1986
    Construction
    FRAME
    Property size
    580 SF
    Property type
    Office Properties & Spaces
    APN
    DRAC M:45 B:113 L:1.6
    APU
    DRACM45B113L16

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $340,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $330,000
      Mixed-Use
      $350,000
      Hospitality
      $290,000
      Educational
      $335,000
      Residential Income
      $305,000
      Energy
      $290,000
      Income-Based Land
      $280,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Dracut
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3335
    Latitude
    42.6735
    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
    $687
    $0.00
    $65,700
    $65,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,178 SF

      1470 Lakeview Ave Ste, Unit 3

      CONDOMINIUM OFFICES • 1,178 SF
      1470 Lakeview Ave Ste, Dracut, MA 01826-3402
      View Details
    • Value Estimation by Request
      564 SF

      1470 Lakeview Ave Ste, Unit 4

      CONDOMINIUM OFFICES • 564 SF
      1470 Lakeview Ave Ste, Dracut, MA 01826-3402
      View Details
    • Value Estimation by Request
      1,000 SF

      1807 Brg St Ste, Unit 4

      CONDOMINIUM OFFICES • 1,000 SF
      1807 Brg St Ste, Dracut, MA 01826-2655
      View Details
    • Value Estimation by Request
      1,296 SF

      1794 Brg St Ste 30b

      CONDOMINIUM OFFICES • 1,296 SF
      1794 Brg St Ste 30b, Dracut, MA 01826-2665
      View Details
    • Value Estimation by Request
      622 SF

      1470 Lakeview Ave Ste, Unit 2

      CONDOMINIUM OFFICES • 622 SF
      1470 Lakeview Ave Ste, Dracut, MA 01826-3402
      View Details
    • Value Estimation
      $205,000
      1,224 SF

      1794 Brg St Ste, Unit 23

      CONDOMINIUM OFFICES • 1,224 SF
      1794 Brg St Ste, Dracut, MA 01826-2664
      View Details

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    Similar Nearby for Lease

    • $900 /Mo

      Office Space with Private Offices

      Office space featuring reception area and three private offices.
      2020 Lakeview Ave, Dracut, MA 01826
      View Details
    • $1,000 /Mo

      Clean Office Space For Rent

      Clean office space available on Lakeview Avenue.
      1595 Lakeview 7, Dracut, MA 01826
      View Details
    • $1,350 /Mo

      Office Space with Natural Lighting

      Second-floor office space with elevator access and natural lighting.
      14 Loon Hill Rd, Dracut, MA 01826
      View Details
    • $2,800 /Mo
      6,098 SF

      Dracut Commercial Building For Rent

      Free-standing building suitable for office use in Dracut, MA.
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      View Details
    • $18 SF/Yr
      1,087 SF

      Professional Office Space Available

      Well-maintained office space with ample parking and professional management.
      1168 Lakeview Ave, Dracut, MA 01826
      View Details
    • $350 /Mo

      Private Office Space For Rent

      Private office space with utilities included, near Dracut High.
      1565 Lakeview Ave, Dracut, MA 01826
      View Details
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    Dracut, MA 01826-3401
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    Realmo Value Estimation

    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.

    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.

    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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