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    585 Middlesex St Lowell, MA 01851

    For Sale
    $3,000,000

    Prime Lowell, MA industrial lot. 1.16 acres, $3M.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.16-acre parcel of land, located at 585 Middlesex Street in Lowell, Massachusetts, presents a compelling investment opportunity. Priced at $3,000,000, this property offers significant potential for a variety of commercial developments. The expansive lot size provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Lowell offers convenient access to major transportation routes, ensuring seamless connectivity for businesses and employees. The property's zoning and permitted uses should be independently verified to ensure alignment with any prospective development plans. Given its size and prime location, this property is well-suited for a range of commercial ventures, from industrial facilities and warehousing to potentially other uses subject to local regulations. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site plans and relevant documentation are available upon request. Prospective buyers are advised to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended purpose. This is a rare opportunity to acquire a substantial land holding in a thriving Massachusetts city. Don't miss out on this chance to secure a valuable asset with significant long-term growth potential.

    Property Features for 585 Middlesex St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,530 SF

    Building Details

    Year Built
    1890
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nobis Engineering, Inc. Engineering Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.31916
    Latitude
    42.63895

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Lowell, MA industrial lot. 1.16 acres, $3M.
    Where is this commercial real estate located?
    The property is located at 585 Middlesex St Lowell, MA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    (508) 925-7477
    Request Owner's contact information
    585 Middlesex St Lowell, MA 01851
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    Lowell, MA 01851
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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
    585 Middlesex St Lowell, MA 01851
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