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    Property profile & analytics

    185 Broadway Lawrence, MA 01843-1419

    • Auto shops
    • 1,696 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US38-1185229
    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

    • Bellmores Auto Center / Transportation Infrastructure / Used Tire Shop
    • Bellmore's Used Tire Shop / Used Tire Shop / Tire Shop

    Property Details for 185 Broadway

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    1,696 SF
    Property type
    Auto shops
    APN
    LAWR M:0120 B:0000 L:0056
    APU
    LAWRM0120B0000L0056

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $400,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $360,000
      Mixed-Use
      $345,000
      Hospitality
      $450,000
      Educational
      $340,000
      Residential Income
      $380,000
      Energy
      $415,000
      Income-Based Land
      $340,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1627
    Latitude
    42.6944
    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
    $7,024
    $224,800
    $137,800
    $362,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $355,000
      1,386 SF

      24 Broadway

      AUTO REPAIR, GARAGE • 1,386 SF
      24 Broadway, Lawrence, MA 01843-1435
      View Details
    • Value Estimation
      $375,000
      6,252 SF

      413-417 Market St, Unit 417

      AUTO REPAIR, GARAGE • 6,252 SF
      413-417 Market St, Lawrence, MA 01843-1431
      View Details
    • Value Estimation
      $730,000
      7,719 SF

      67 Broadway

      AUTO REPAIR, GARAGE • 7,719 SF
      67 Broadway, Lawrence, MA 01843-1497
      View Details
    • Value Estimation by Request
      24,594 SF

      640 Andover St

      AUTO REPAIR, GARAGE • 24,594 SF
      640 Andover St, Lawrence, MA 01843-1016
      View Details
    • Value Estimation
      $445,000
      5,220 SF

      341 Broadway

      AUTO REPAIR, GARAGE • 5,220 SF
      341 Broadway, Lawrence, MA 01843-2739
      View Details
    • Value Estimation by Request
      2,340 SF

      12 Emmett St

      AUTO REPAIR, GARAGE • 2,340 SF
      12 Emmett St, Lawrence, MA 01843-1213
      View Details

    Similar Nearby for Sale

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    • New
      $197,000

      Restaurant and Grocery Store Opportunity

      Fully equipped Spanish restaurant and grocery store for sale.
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      Duplex with finished basement, large yard, and ample storage.
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    Similar Nearby for Lease

    • $2,000 /Mo
      564 SF

      Retail Space with High Traffic

      Retail space suitable for various businesses with high traffic.
      309-311 Merrimack St, Lawrence, MA 01843
      View Details
    • Contact for pricing

      Premier Retail/Dining Space

      High-visibility retail or dining space in a mixed-use district.
      282-290 Merrimack St, Lawrence, MA 01843
      View Details
    • $7,200 /Mo
      4,708 SF

      Retail Space Near Interstate 495

      Retail space with high visibility and easy highway access.
      601 South Union St, Lawrence, MA 01843
      View Details
    • Contact for pricing
      2,946 SF

      Prime Lawrence Retail Space

      Freestanding building, 2946 sq ft, available now.
      435 Winthrop Ave, Lawrence, MA 01843
      View Details
    • Contact for pricing
      18,000 SF

      Pavilion Riverwalk Retail/Office Space

      Unique campus setting with retail, office, and recreational amenities.
      282 Merrimack St, Lawrence, MA 01843
      View Details
    • Contact for pricing

      Retail Endcap Space For Lease

      3,000 SF endcap space available in Lawrence, MA.
      Lawrence, MA 01843
      View Details
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    185 Broadway
    Lawrence, MA 01843-1419
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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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