40 Silva Ln Dracut, MA 01826-2894
Property profile & analytics
40 Silva Ln Dracut, MA 01826-2894
- Showrooms
- 12,000 SF
- 2.60 lot acres
Property ID
US38-1387620
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.
Location Intelligence
Current Use by Public Records
- Alta Motive Power / Big Box & Wholesale Store
Property Details for 40 Silva Ln
- Year built
- 1999
- Construction
- STEEL FRAME
- Lot size
- 2.60 lot acres
- Property size
- 12,000 SF
- Zone code
- I1
- Property type
- Showrooms
- APN
- DRAC M:21 B:16 L:3
- APU
- DRACM21B16L3
Description
This 12,000-square-foot warehouse in Dracut, Massachusetts, presents a compelling investment opportunity. Currently 100% occupied by Alta Equipment Group under a seven-year lease, the property boasts a strong net operating income (NOI) of $142,850. Built in 2023, the warehouse features high ceilings ranging from 13.10 to 15.10 feet, providing ample storage and operational space. Situated on a 2.6-acre lot, the property benefits from its strategic location just three miles from Interstate 93, offering easy access to major transportation arteries, including the I-93 and I-495 interchange. The property is also conveniently located within 30 miles of Boston and enjoys proximity to several established businesses, including Old Dominion Freight Line, National Trench Safety, Defelice Company, Albanese D and S, and Advanced Auto Electric. The surrounding area demonstrates strong demographics, with a population of 564,609 within a 10-mile radius and an average household income of $138,904 within a three-mile radius. This combination of a stable, long-term lease, high NOI, and excellent location makes this warehouse an attractive investment with significant upside potential. The property is located at 40 Silva Ln, Dracut, MA 01826.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,185,000
Market price range: $1.08M - $2.37M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,840,000 Current use
- OFFICE BUILDING
- $2,625,000 Change: +43% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,840,000 Change: +0% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dracut
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2592
- Latitude
- 42.6964
- 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
$9,622
$409,600
$511,200
$920,800
-
$0.00
$0.00
$0.00
