Financial
Distress signals
Property profile

198 University Ave Lowell, MA 01854

OFF-MARKET
Retail space
Property ID
US38-2196795
2,610 SF 0.08 ac lot Built 1930
Last sale Oct 2019 · $320,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years.
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Market Trends Soon

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?
$8k
Tax billed · 2024
Assessed value$337k
Assessed land$104k
Assessed improvement$232k
Effective rate2.33%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$88 – $215
Qualifying comparables5

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?
TMU
The TMU district is designed to promote a mix of residential and retail uses in secondary areas
General categoryMIXED_USE
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.0
Dental Office15.9
Realty agency12.9

Location

198 University Ave Lowell, MA 01854-2425
County assessor Recorded deeds · 12 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
408 Suffolk, Lowell, MA 01854-3854 $850,000 Dec 2024 5,326 SF
499 Broadway, Lowell, MA 01854-4103 $330,000 Oct 2024 1,158 SF
451 Broadway, Lowell, MA 01854-4103 $335,000 Jul 2023 1,740 SF
32 Franklin, Lowell, MA 01854-4144 $34,000 Aug 2022 1,500 SF
1301 Pawtucket, Lowell, MA 01854-1801 $950,000 Oct 2021 5,648 SF
2 Ellis, Lowell, MA 01854 $80,000 Nov 2020 1,440 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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