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    Property profile & analytics

    2 Lanes Rd Essex, MA 01929

    • Industrial properties
    • 68.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0832816
    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

    • Industrial properties

    Property Details for 2 Lanes Rd

    Lot size
    68.30 lot acres
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    ESSE M:112 L:1
    APU
    ESSEM112L1

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.773
    Latitude
    42.6482
    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
    $409
    $10,026
    $20,700
    $30,726
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      37.34 Acres

      Southern Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 37.34 Acres
      Southern Ave, Essex, MA 01929
      View Details
    • Value Estimation by Request
      51.00 Acres

      143 John Wise Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 51.00 Acres
      143 John Wise Ave, Essex, MA 01929-1064
      View Details
    • Value Estimation by Request
      10.90 Acres

      102 Rocky Hl Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10.90 Acres
      102 Rocky Hl Rd, Essex, MA 01929-1261
      View Details
    • Value Estimation
      $310,000
      2,520 SF

      125 Western Ave

      LUMBERYARD, BUILDING MATERIALS • 2,520 SF
      125 Western Ave, Essex, MA 01929
      View Details
    • Value Estimation
      $385,000
      9,112 SF

      106 Western Ave Ste 1c

      CONDOMINIUMS (INDUSTRIAL) • 9,112 SF
      106 Western Ave Ste 1c, Essex, MA 01929-1177
      View Details
    • Value Estimation
      $840,000
      2,325 SF

      17 Grv Stc

      CONDOMINIUMS (INDUSTRIAL) • 2,325 SF
      17 Grv Stc, Essex, MA 01929
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    Similar Nearby for Lease

    • $3,500 /Mo

      Essex Flex Space with Garage

      2,500 SF flex space with garage entry available for rent.
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    • $2,800 /Mo
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      Versatile Office Space for Rent

      Office space suitable for medical or general commercial use.
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    2 Lanes Rd
    Essex, MA 01929
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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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