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    Property profile & analytics

    1863 Lakeview Ave Dracut, MA 01826-3236

    • Investment properties
    • 2,640 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Sep 29, 2021
    $500,000
    Location Intelligence
    Property ID
    US38-1039143
    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

    • Designs By Danelle & Co / Beauty Salon / Hair Salon
    • Bellacure Nails and Spa / Nail Salon

    Property Details for 1863 Lakeview Ave

    Year built
    1910
    Construction
    FRAME
    Lot size
    0.31 lot acres
    Property size
    2,640 SF
    Zone code
    R3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DRAC M:33 L:1
    APU
    DRACM33L1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $485,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $600,000
      Mixed-Use
      $475,000
      Hospitality
      $485,000
      Educational
      $575,000
      Residential Income
      $640,000
      Energy
      $485,000
      Income-Based Land
      $570,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Dracut
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3469
    Latitude
    42.6819
    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
    $5,121
    $328,800
    $161,200
    $490,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,367 SF

      702 Broadway Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,367 SF
      702 Broadway Rd, Dracut, MA 01826-2727
      View Details
    • Value Estimation by Request
      1,474 SF

      921 Broadway Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,474 SF
      921 Broadway Rd, Dracut, MA 01826-2805
      View Details
    • Value Estimation by Request
      4.34 Acres

      27 Darrin Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4.34 Acres
      27 Darrin Rd, Dracut, MA 01826-3130
      View Details
    • Value Estimation
      $280,000
      2,047 SF

      2205 Lakeview Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,047 SF
      2205 Lakeview Ave, Dracut, MA 01826-3041
      View Details
    • Value Estimation
      $325,000
      2,970 SF

      1459 Lakeview Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,970 SF
      1459 Lakeview Ave, Dracut, MA 01826-3457
      View Details
    • Value Estimation
      $435,000
      2,640 SF

      473 Riverside St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      473 Riverside St, Dracut, MA 01826-4623
      View Details

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    Similar Nearby for Lease

    • $2,800 /Mo
      6,098 SF

      Dracut Commercial Building For Rent

      Free-standing building suitable for office use in Dracut, MA.
      14 Dinley St, Dracut, MA 01826
      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
    • Contact for pricing
      33,130 SF

      Middlesex County Warehouse For Lease

      Large industrial warehouse, immediate occupancy.
      49 Mcgrath Rd, 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
    • $900 /Mo

      Office Space with Private Offices

      Office space featuring reception area and three private offices.
      2020 Lakeview Ave, Dracut, MA 01826
      View Details
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    1863 Lakeview Ave
    Dracut, MA 01826-3236
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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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