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Property profile & analytics
OFF-MARKET Estimated value $1,030,000
Showrooms

1533 Lakeview Ave Dracut, MA 01826-3462

5,040 SF 0.92 ac lot Built 2006
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US38-0515566
Property summary
AI-generated overview

This exceptional 1,064 square foot office space is available for lease in Dracut, Massachusetts, at 1533 Lakeview Ave, 01826. Located in a Class B building constructed in 2006, this single-tenant space is ideal for a variety of professional or medical uses. The property features a spacious reception area, a recently updated kitchenette complete with refrigerator, microwave, and quartz countertops, convenient closet storage, and a modern bathroom. The layout includes three generously sized private offices, plus a dedicated conference room, providing ample space for a growing business. The building sits on a 0.92-acre lot (40,236 square feet) and is part of a larger 5,135 square foot building with one story. The B3 zoning allows for diverse commercial uses. The property offers excellent visibility and accessibility due to its location on Lakeview Avenue, a high-traffic area. Included in the lease are water, snow removal, and landscaping services. Ample parking is available on-site. This is a fantastic opportunity for a business seeking a well-maintained, modern office space with convenient amenities and high visibility.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2006
Construction FRAME
Total area 5,040 SF
Lot 0.92 ac (40,236 SF)
Zoning code B3
APN DRAC M:45 L:8
UPID US38-0515566
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
  • Vaillancourt and Lefebvre Wealth Management, LLC. Financial Advisor
  • Dracut Chiropractic Center Alternative Medicine Practice
  • David Gelineau, DC Alternative Medicine Practice
  • Pelletier Smiles Dental Office
  • Dr. James L. Pelletier Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.28M
Comparable Approach Comparable
$997k
Blend (final) Blend
$1.03M
Owner & transaction history
Yorkie LLC · 21 yrs held
Yorkie LLC
since 2005
5 recorded transactions
2006
Price N/A
2005
Price N/A
2005
$1
2004
$365,000
2004
Price N/A
Zoning & alternative use
B3 · Dracut, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Property Maps & GIS | Dracut, MA
Top alternative use upside
Restaurant $1.5M +89.3%
Auto repair, garage $1.4M +83.5%
Neighborhood: shopping center $1.4M +80.7%
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