Property profile

1890 Lakeview Ave Dracut, MA 01826

OFF-MARKET
Office buildings
Property ID
US38-0156478
3,074 SF 1.42 ac lot Built 1947
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1947
Construction FRAME
Total area 3,074 SF
Lot 1.42 ac (61,855 SF)
Zoning code R3
APN DRAC M:32 L:101
UPID US38-0156478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1890 Lakeview Ave Dracut, MA 01826-3233
Dracut metro Census 314102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$679k
Blend (final) Blend
$270k

Owner & transaction history

since 2024
Last sale
$650,000
7 recorded transactions
2024
$650,000
2024
Price N/A
2012
Price N/A
2009
$315,000
2006
$1
2006
Price N/A
2005
Price N/A

Zoning & alternative use

R3 · Dracut, MA
Top alternative use upside
Auto repair, garage $865,000 +28.6%
Neighborhood: shopping center $850,000 +26.6%
Retail stores $830,000 +23.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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