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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Parking lots & garages
123 Fayette St, Lowell, MA 01852
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1791658
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.09 ac (3,920 SF)
Zoning code
UMF
APN
LOWE M:178 B:2275 L:123
UPID
US38-1791658
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$970k
Owner & transaction history
Troubled Waters INC · 1 yrs held
Troubled Waters INC
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
UMF · 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
$920,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $1.05M (May 20 2025)
Last sale anchor
$1.05M
May 20 2025
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
—
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
$1,520
Tax year 2024
Assessed value
$65,300
Assessed 2024
Previous assessed
$59,500
+9.7% YoY
Effective rate
2.33%
On assessed value
Assessed land
$63,700
Assessed improvement
$1,600
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Buildings
1
Lot
0.09 ac (3,920 SF)
Zoning code
UMF
APN
LOWE M:178 B:2275 L:123
UPID
US38-1791658
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
UMF · Lowell, MA
Zoning UMF · permitted uses
UMF · 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
Heating
NONE
Buildings
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Troubled Waters INC
Entity
Mailing address
147 E MERRIMACK ST, LOWELL, MA 01852-1208
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
$1,050,000
Troubled Waters INC
Mason RT
Deed
$1,110,000 · Enterprise Bank & Trust Co
Sep 10, 2008
—
Mason RT
—
Deed Of Trust
related
$160,000 · Enterprise Bank & Trust
Apr 8, 2002
—
Ralph F Carey
—
Deed Of Trust
related
$110,000 · Guaranty Residential
Feb 28, 2001
$79,900
Ralph Carey
East Merrimack LLC
Grant Deed
$10,380 · Old Kent Mortgage Co
Feb 28, 2001
—
Ralph Carey
—
Deed Of Trust
related
$59,925 · Temple Inland Mortgage
Sep 24, 1991
$21,000
Mason RT
Saab,louis M
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
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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