Property profile

2003 Lakeview Ave Dracut, MA 01826

OFF-MARKET
Retail properties & Spaces
Property ID
US38-0320278
11,026 SF 0.98 ac lot Built 2003
Entity Owned 32-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2003
Construction STEEL FRAME
Total area 11,026 SF
Lot 0.98 ac (42,627 SF)
Zoning code B3
APN DRAC M:25 L:163
UPID US38-0320278

Cap rate & NOI

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

Location

2003 Lakeview Ave Dracut, MA 01826
Dracut metro Census 314102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.44M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.87M

Owner & transaction history

since 1994
1 recorded transaction
1994
$150,000

Zoning & alternative use

B3 · Dracut, MA
Top alternative use upside
Auto repair, garage $3.1M +4.4%
Neighborhood: shopping center $3.1M +2.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2003 Lakeview Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message