Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    115th Rock St Lowell, MA 01854-3341
    Property profile & analytics

    115th Rock St Lowell, MA 01854-3341

    View on Map
    • Industrial land
    • 0.03 lot acres
    Off-Market
    Property ID
    US38-1277012
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for 115th Rock St

    Lot size
    0.03 lot acres
    Zone code
    UMF
    Property type
    Industrial land
    APN
    LOWE M:119 B:5025 L:115-1
    APU
    LOWEM119B5025L1151

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3224
    Latitude
    42.6425
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $998
    $42,900
    $0.00
    $42,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      4 Fletcher St

      INDUSTRIAL - VACANT LAND • 0.18 Acres
      4 Fletcher St, Lowell, MA 01854-4312
      View Details
    • Value Estimation by Request
      0.02 Acres

      92 Hall St

      INDUSTRIAL - VACANT LAND • 0.02 Acres
      92 Hall St, Lowell, MA 01854-3604
      View Details
    • Value Estimation by Request
      0.17 Acres

      651 Dutton St

      INDUSTRIAL - VACANT LAND • 0.17 Acres
      651 Dutton St, Lowell, MA 01854-4309
      View Details
    • Value Estimation by Request
      0.50 Acres

      45 Gumpus Rd

      INDUSTRIAL - VACANT LAND • 0.50 Acres
      45 Gumpus Rd, Lowell, MA 01854-1305
      View Details
    • Value Estimation by Request
      0.11 Acres

      4 Wiggin St

      INDUSTRIAL - VACANT LAND • 0.11 Acres
      4 Wiggin St, Lowell, MA 01854-4319
      View Details
    • Value Estimation by Request
      0.18 Acres

      360 Broadway St

      INDUSTRIAL - VACANT LAND • 0.18 Acres
      360 Broadway St, Lowell, MA 01854-4102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Retail/Office Building For Sale

      Retail/Office building with heavy traffic and ample parking.
      585 Pawtucket Blvd, Lowell, MA 01854
      View Details
    • $1,015,000

      Flex/Office Space Available

      Flex/office space available for sale.
      491 Dutton St, Lowell, MA 01854
      View Details
    • Contact for pricing
      3,832 SF

      Lowell Multifamily Investment Opportunity

      Five-unit multifamily property in Lowell with a 7.23% cap rate.
      116-118 Walker St, Lowell, MA 01854
      View Details
    • Contact for pricing

      Flex/Office Space Available

      Flex/office space for sale.
      491 Dutton St, Lowell, MA 01854
      View Details
    • Contact for pricing
      20,068 SF

      Medical Office Building For Sale

      Two-story medical office building in Lowell, Massachusetts.
      817 Merrimack St, Lowell, MA 01854
      View Details
    • Contact for pricing
      2,016 SF

      Auto Repair Shop For Sale

      Former auto repair shop on high-traffic street near UMass Lowell.
      429 Riverside St, Lowell, MA 01854
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,800 SF

      Lowell Office Space For Lease

      4,700 SF unfinished space with custom build-out opportunity.
      595 Pawtucket Blvd, Lowell, MA 01854
      View Details
    • Contact for pricing

      Equipped Retail Space Near UMASS

      Equipped retail space near UMASS Lowell, ready for take-out.
      61 Mammoth Rd, Lowell, MA 01854
      View Details
    • Contact for pricing
      34,052 SF

      Office/Light Manufacturing/Warehouse Facility For Rent

      Three-story office/light manufacturing/warehouse facility near I-495 and Route 3.
      1001 Pawtucket Blvd, Lowell, MA 01854
      View Details
    • Contact for pricing

      Updated Retail/Office Space Available

      Updated retail or office space near UMass campus.
      198 University Ave, Lowell, MA 01854
      View Details
    • Contact for pricing

      Penthouse Office Space with River Views

      Unique 4,700 SF penthouse with panoramic river views.
      595 Pawtucket Blvd, Lowell, MA 01854
      View Details
    • $1,700 /Mo

      Downtown Lowell Commercial Storefront

      Two-level commercial space in downtown Lowell, move-in ready.
      466 Merrimack St, Lowell, MA 01854
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115th Rock St
    Lowell, MA 01854-3341
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    115th Rock St, Lowell, MA, 01854
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!