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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Warehouses
109 Industrial E Ave Lowell, MA 01852-5111
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1617003
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
STEEL FRAME
Total area
29,200 SF
Lot
2.63 ac (114,563 SF)
Zoning code
HRC
APN
LOWE M:149 B:3155 L:109
UPID
US38-1617003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mark-One Waste Management Facility Hazardous Waste Disposal
-
High Tech Auto Repairs Auto Repair Shop
-
Chimney Sweep & Repair Pro Lowell General Contractor Renovation Specialist
-
Paradigm Brazilian Jiu Jitsu Training Center Sports School
-
TJL Training Sports Field & Court Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.04M
Owner & transaction history
109 Industrial Ave LLC · 5 yrs held
109 Industrial Ave LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
HRC · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,900,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10% · vs last sale $2.10M (May 14 2021)
Last sale anchor
$2.10M
May 14 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$70 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$28,759
Tax year 2024
Assessed value
$1,235,900
Assessed 2024
Previous assessed
$1,123,800
+10.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$227,200
Assessed improvement
$1,008,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Total area
29,200 SF
Lot
2.63 ac (114,563 SF)
Zoning code
HRC
APN
LOWE M:149 B:3155 L:109
UPID
US38-1617003
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HRC · Lowell, MA
Zoning HRC · permitted uses
HRC · Lowell, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
109 Industrial Ave LLC
Entity
Mailing address
58 SHERBURNE AVE, TYNGSBORO, MA 01879-1571
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
$2,100,000
109 Industrial Ave LLC
Linmar Realty LLC
Quit Claim Arm's Length For Ne States
$1,575,000 · Enterprise Bank & Trust Co
Dec 20, 2012
—
Linmar Realty LLC
—
Deed Of Trust
related
$332,870 · Enterprise Bank & Trust
Jun 29, 2007
—
Linmar Realty LLC
—
Deed Of Trust
related
$652,000 · Enterprise Bank & Trust
Jan 9, 2006
—
Linmar Rlty LLC
—
Deed Of Trust
related
$150,000 · Sovereign Bank
Dec 11, 2002
—
Linmar Rlty LLC
—
Deed Of Trust
related
$517,000 · Bay Colony Dev Corp
May 15, 2002
$1,150,000
Linmar Realty LLC
Csi RT
Grant Deed
$625,000 · Sovereign Bank
May 15, 2002
—
Linmar Realty LLC
—
Deed Of Trust
related
$500,000 · Sovereign Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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