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    Property profile & analytics

    609 Un St Lawrence, MA 01843-3724

    • Turn key restaurants
    • 6,656 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1143795
    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

    • Jason’s Korean BBQ & Hot Pot / Korean Barbecue Restaurant / Asian Restaurant

    Property Details for 609 Un St

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.07 lot acres
    Property size
    6,656 SF
    Property type
    Turn key restaurants
    APN
    LAWR M:0076 B:0000 L:0030
    APU
    LAWRM0076B0000L0030

    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
    -71.1532
    Latitude
    42.6857
    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
    $18,117
    $249,200
    $686,100
    $935,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $1,360,000
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      100 Winthrop Ave

      RESTAURANT • 2,262 SF
      100 Winthrop Ave, Lawrence, MA 01843-2819
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      2,764 SF

      1 Winthrop Ave

      RESTAURANT • 2,764 SF
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      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
      2,965 SF

      435 Winthrop Ave

      RESTAURANT • 2,965 SF
      435 Winthrop Ave, Lawrence, MA 01843-3831
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Premier Retail/Dining Space

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      Retail space suitable for various businesses with high traffic.
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      Retail Space Near Interstate 495

      Retail space with high visibility and easy highway access.
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      Pavilion Riverwalk Retail/Office Space

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      3,000 SF endcap space available in Lawrence, MA.
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    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      885
    • Avg Time on site
      25 min
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    609 Un St
    Lawrence, MA 01843-3724
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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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