Financial
Distress signals
Property profile

21 George St 303 Lowell, MA 01852

FOR LEASE
Office buildings
Property ID
US38-0976928
24,860 SF 0.57 ac lot Built 1976
Last sale Sep 2021 · $2,450,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A penthouse office suite configured around a client-facing reception area and accessed directly from the building elevator into a private reception space within the unit. The interior is set within a window-surrounded layout that provides 360-degree city views and includes in-suite amenities such as a kitchen area, a shower facility, and ample storage. The suite is located within the building at 21 George Street and includes building services with an on-site property manager available in the building weekday mornings.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$20k
Tax billed · 2024
Assessed value$843k
Assessed land$192k
Assessed improvement$652k
Effective rate2.33%

Value estimate

· Sep 2026
$2.25M
$2.03M – $2.48M
AI approach$2.23M
Sales comparison$2.41M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$97 – $165
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DMU
DMU District promotes the vitality of Lowell historic downtown. The DMU is designed to promote a vibrant urban environment in the heart o...
General categoryMIXED_USE
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic15.7
Realty agency12.7
Acupuncture10.6

Location

21 George St, Unit 303 Lowell, MA 01852
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
88 Merrimack, Lowell, MA 01852 $330,000 Nov 2024 19,096 SF
321 Central, Lowell, MA 01852-2690 $825,000 Sep 2024 12,062 SF
43 Middle, Lowell, MA 01852 $330,000 Aug 2024 15,800 SF
156 Merrimack, Lowell, MA 01852 $2,500,000 Mar 2023 9,240 SF
129 Market, Lowell, MA 01852 $1,575,000 Sep 2022 7,366 SF
40 Church, Lowell, MA 01852-6113 $2,800,000 Dec 2021 26,509 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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