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    Property profile & analytics

    2 Durso Ave Lawrence, MA 01843-2802

    • Office buildings
    • 3,642 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US38-1006075
    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

    • Doherty Law Offices / Personal Injury Attorney / Bankruptcy Attorney
    • Dr. John Armano / Chiropractor

    Property Details for 2 Durso Ave

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    3,642 SF
    Property type
    Office buildings
    APN
    LAWR M:0058 B:0000 L:0023
    APU
    LAWRM0058B0000L0023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $360,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $420,000
      Mixed-Use
      $370,000
      Hospitality
      $350,000
      Educational
      $460,000
      Residential Income
      $370,000
      Energy
      $360,000
      Income-Based Land
      $410,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1494
    Latitude
    42.6891
    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
    $13,468
    $271,400
    $423,900
    $695,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      2,112 SF

      10 Broadway

      OFFICE BUILDING • 2,112 SF
      10 Broadway, Lawrence, MA 01843-1409
      View Details
    • Value Estimation by Request
      49,342 SF

      1 International Way

      OFFICE BUILDING • 49,342 SF
      1 International Way, Lawrence, MA 01843-1065
      View Details
    • Value Estimation by Request
      149,940 SF

      350 Merrimack St

      OFFICE BUILDING • 149,940 SF
      350 Merrimack St, Lawrence, MA 01843-1748
      View Details
    • Value Estimation by Request
      9,107 SF

      1 Ballard Way Ste, Unit 3

      OFFICE BUILDING • 9,107 SF
      1 Ballard Way Ste, Lawrence, MA 01843-1073
      View Details
    • Value Estimation
      $260,000
      1,044 SF

      596-600 Andover St

      OFFICE BUILDING • 1,044 SF
      596-600 Andover St, Lawrence, MA 01843
      View Details
    • Value Estimation
      $555,000
      5,036 SF

      63 Coolidge St

      OFFICE BUILDING • 5,036 SF
      63 Coolidge St, Lawrence, MA 01843-1151
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,650 SF

      Office Space in Riverwalk District

      Office space available in a mixed-use campus.
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      View Details
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      Professional office building with flexible suites and modern amenities.
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      Office space with private bath and kitchenette for rent.
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      Retail and office space with street exposure for rent.
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    • Contact for pricing
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      Ready-to-go office suites in a mixed-use campus.
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      View Details
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    2 Durso Ave
    Lawrence, MA 01843-2802
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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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