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Property profile & analytics
FOR SALE
Industrial properties
25 Marston St 2, Lawrence, MA 01841-2355
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1420641
For Sale
1 / 37
$1,279,000
25 Marston St,Unit 2, Lawrence, MA 01841-2355
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1920
Total area
54,040 SF
APN
LAWR M:0048 B:0006 L:0002
UPID
US38-1420641
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
New England Eye and Facial Specialists Ophthalmologist
-
Sofia Chiropractic: Dr. Mark Sofia DC Alternative Medicine Practice
-
New England Eye & Facial Specialists Spa & Massage Center Alternative Medicine Practice
-
Audra Williams, MD Pediatrician Physician
-
Community Medical Associates Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Marston Laser Hldg LLC · 2 yrs held
Marston Laser Hldg LLC
since 2023
Last sale
$491,100
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$480,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $491k (Oct 27 2023)
Last sale anchor
$491k
Oct 27 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$10 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$100,416
Tax year 2024
Assessed value
$5,184,100
Assessed 2024
Previous assessed
$5,184,100
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed improvement
$5,184,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Sale
Year built
1920
Heating
FORCED AIR
Buildings
1
Stories
4
Bathrooms
2
Total area
54,040 SF
APN
LAWR M:0048 B:0006 L:0002
UPID
US38-1420641
Jurisdiction
LAWRENCE
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Stories
4
Buildings
1
Bathrooms
2
Current owner
From public records · entity-resolved
Marston Laser Hldg LLC
Entity
Mailing address
25 MARSTON ST #2, LAWRENCE, MA 01841-2355
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
$491,100
Marston Laser Hldg LLC
Daxad LLC
Condominium Deed
—
Dec 14, 2017
$1,081,575
Psuriel LLC
Daxad LLC
Quit Claim Arm's Length For Ne States
$550,000 · Enterprise Bank & Trust Co
Jun 10, 2013
$855,120
Marston Laser Holdings
Daxad LLC
Quit Claim Arm's Length For Ne States
$500,000 · Td Bank NA
Jul 20, 2012
—
Daxad LLC
—
Deed Of Trust
related
$4,000,000 · Digital FCU
Dec 30, 2009
—
Daxad LLC
—
Deed Of Trust
related
$2,000,000 · Barracuda Invests INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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