Financial
Distress signals
Property profile

1 Merrimack St Lowell, MA 01852

FOR SALE
Other retail properties
Property ID
US38-0411738
16,206 SF 0.14 ac lot Built 1880
Last sale May 2021 · $878,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes an office suite located on the third floor of an 1880-built commercial building at 1 Merrimack Street in Lowell. The suite contains two private offices totaling just over 420 square feet and is accessed by elevator service. The building is positioned next to a parking garage and along a public transportation line, and the overall property contains additional office suites ranging from about 100 square feet to approximately 10,000 square feet. The property is zoned B3000 and is classified as Legal Non-Conforming.

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?
$23k
Tax billed · 2024
Assessed value$968k
Assessed land$194k
Assessed improvement$775k
Effective rate2.33%

Value estimate

· Sep 2026
$795k
$716k – $875k
AI approach$765k
Sales comparison$819k
NOI build-up
Gross scheduled income$393k
Vacancy & credit loss−$26k
Operating expenses−$110k
NOI · 12.24% cap applied$257k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$59 – $198
Qualifying comparables7

Cap rate analysis

How does the asset earn?
12.24%
$257k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Clinic13.6
Hotel & Motel15.2
Smoke and Vape Shop11.8

Location

1 Merrimack St Lowell, MA 01852
County assessor Recorded deeds · 6 transfers 7 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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