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    Property profile & analytics

    230 Winthrop Ave Lawrence, MA 01843-3824

    • Turn key restaurants
    • 4,200 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 27, 2024
    Location Intelligence
    Property ID
    US38-1572045
    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

    • Lee Chen Chinese Cuisine / Chinese Restaurant

    Property Details for 230 Winthrop Ave

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.10 lot acres
    Property size
    4,200 SF
    Property type
    Turn key restaurants
    APN
    LAWR M:0018 B:0000 L:0004
    APU
    LAWRM0018B0000L0004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1388
    Latitude
    42.685
    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
    $15,839
    $431,800
    $385,900
    $817,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      2,262 SF

      100 Winthrop Ave

      RESTAURANT • 2,262 SF
      100 Winthrop Ave, Lawrence, MA 01843-2819
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      $330,000
      887 SF

      13 Broadway

      RESTAURANT • 887 SF
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      2,100 SF

      129-129A Broadway

      RESTAURANT • 2,100 SF
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    • Value Estimation by Request
      2,764 SF

      1 Winthrop Ave

      RESTAURANT • 2,764 SF
      1 Winthrop Ave, Lawrence, MA 01843
      View Details
    • Value Estimation by Request
      2,447 SF

      599 Andover St

      RESTAURANT • 2,447 SF
      599 Andover St, Lawrence, MA 01843-2003
      View Details

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    Property Visit Statistics

    • Visits by month
      9.5k
    • Visitors by month
      8.4k
    • Avg Time on site
      4 min
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    230 Winthrop Ave
    Lawrence, MA 01843-3824
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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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