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Financial
Distress signals
Property profile

10 Technology Dr Lowell, MA 01851

OFF-MARKET
Life science properties
Property ID
US38-0801920
60,008 SF 5.52 ac lot Built 1983
Last sale Dec 2024 · $9,400,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

10 Technology Drive is a two-story lab/flex building totaling approximately 57,000 square feet, located in the Drum Hill Technology Center within an approximately 800,000 square foot master-planned development of office and R&D space. The property is situated near the Merrimack River and at the intersection of Route 3 (Exit 84), just north of Route 495, providing roadway access to regional routes. It is configured to accommodate multiple workplace and light industrial-oriented uses, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$148k
Tax billed · 2024
Assessed value$6.37M
Assessed land$953k
Assessed improvement$5.42M
Effective rate2.33%

Value estimate

· Oct 2026
$5.76M
$5.18M – $6.33M
AI approach$6.36M
Submarket $/SF estimate$8.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$163/SF
County average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$84 – $269

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?
OP
The OP district is designed to promote research and development as well as general office uses
General categoryOPEN_SPACE
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Storage Facility15.7
Wholesale Shop14.9

Location

10 Technology Dr Lowell, MA 01851-2728
County assessor Recorded deeds · 6 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

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
75 Technology, Lowell, MA 01851-2729 $12,400,000 Jul 2022 60,246 SF
59 Technology, Lowell, MA 01851-2851 $6,000,000 Apr 2022 30,116 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
4 properties of the same type nearby
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