Financial
Distress signals
Property profile

384 Lowell St Ste 206a Wakefield, MA 01880

OFF-MARKET
Other office properties
Property ID
US38-0821472
456 SF Built 1984
Last sale Jul 2019 · $187,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office condominium in Wakefield, Massachusetts, located approximately one minute from I-95/Route 128 and about ten minutes from I-93, with convenient access to downtown Wakefield and Lake Quannapowitt. The unit was previously formed by combining two offices into a larger space and is configured with two reception areas/desks, four private offices, and one conference room with space suitable for file cabinets. Additional interior features include a kitchen, access to two restrooms, and a

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?
$2k
Tax billed · 2024
Assessed value$84k
Assessed improvement$84k
Effective rate2.17%

Value estimate

· Sep 2026
$250k
$225k – $275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352

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?
B
District includes those business areas in Wakefield Center and Greenwood, uses allowed are those that serve a community-wide need and enc...
General categoryCOMMERCIAL
JurisdictionWAKEFIELD

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 Firm12.1
Nail Salon12.0
Dental Office11.8

Location

384 Lowell St Ste 206a Wakefield, MA 01880-1986
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
382 Lowell St, Wakefield, MA 01880-1972 $130,000 Oct 2024 316 SF
15 Richardson Ave, Wakefield, MA 01880-2919 $280,000 Sep 2023 1,289 SF
5 Richardson, Wakefield, MA 01880-3322 $540,000 Aug 2023 944 SF
64 Albion, Wakefield, MA 01880-2803 $529,000 Feb 2022 1,600 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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