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Financial
Distress signals
Property profile

250 Canal St Lawrence MA 01843 Lawrence, MA 01840

FOR LEASE
Manufacturing properties
Property ID
US38-1403321
18,070 SF 0.21 ac lot Built 1886
Last sale Apr 2025 · $4,620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office suite located at 250 Canal St in Lawrence, Massachusetts, with a flexible interior configuration consisting of three separate offices/spaces plus an open area. The layout supports a range of potential uses such as office space, church-related space, personal coaching, or retail. The building is situated in a centrally located area with walkability rated at 93 (Walker’s Paradise) and transit rated at 47 (some transit), along with a BikeScore of 59 (bikeable).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$438k
Assessed land$196k
Assessed improvement$242k
Effective rate1.94%

Value estimate

· Oct 2026
$4.49M
$4.04M – $4.94M
AI approach$4.01M
CAP approach$2.96M
NOI build-up
Gross scheduled income$15.29M
Vacancy & credit loss−$2.83M
Operating expenses−$3.11M
NOI · 4,325,567.13% cap applied$9.34M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$21 – $100
Qualifying comparables4

Cap rate analysis

How does the asset earn?
4,325,567.13%
$9.34M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAWRENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency65.2
Building Supply48.8
Wholesale Shop30.3

Location

250 Canal St, Unit Lawrence MA 01843 Lawrence, MA 01840
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
246 Canal, Lawrence, MA 01840 $4,620,000 Jan 2025 263,356 SF
530 Essex, Lawrence, MA 01840-1242 $800,000 Jul 2022 7,850 SF
440 Canal, Lawrence, MA 01840 $600,000 Mar 2022 5,472 SF
15 Un St, Lawrence, MA 01840-1866 $1,750,000 Aug 2021 No data
468 Canal, Lawrence, MA 01840 $2,400,000 Dec 2020 124,668 SF
3 Broadway, Lawrence, MA 01840-1002 $2,254,455 May 2020 135,034 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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