275 EssexLawrence, MA 01840

  • Retail space
  • 3,726 SF
Off market
$534,750 Estimated

Property Details for 275 Essex

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.05 AC
Property size (Sq ft)
3,726 SF
Property type
Retail space
APN
LAWR M:0126 B:0000 L:0027
APU
LAWRM0126B0000L0027

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $905,548
    6.5%
    $835,890
    7%
    $776,184
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,226,835
    Geo Method
    $1,226,835
  • Alternative Use

    Use
    Valuation
    Residential
    $705,105
    Hospitality
    $645,872
    Educational
    $537,358
    Medical
    $555,839
    Retail
    $835,890
275 Essex, Lawrence, Massachusetts

Location Insight

City
Lawrence
County
Essex
State
Massachusetts
Latitude
42.708
Longitude
-71.1608
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
$10,599
$129,900
$417,300
$547,200
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