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Property profile & analytics
FOR SALE
Auto shops
1375 Middlesex St, Lowell, MA 01851
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-2366570
For Sale
1 / 95
$605,000
1375 Middlesex St, Lowell, MA 01851
View Listing →
Property summary
AI-generated overview
This exceptional 8,776-square-foot industrial building, situated on a 0.49-acre lot in Lowell, Massachusetts, presents a unique investment opportunity. Currently configured as an automotive showroom, service center, and dealership, this property boasts a highly desirable location with 21,000 vehicles passing daily. Built in 1960 and renovated in 2007, the single-story building features 16-foot ceilings, ideal for automotive lifts, storage, or large equipment. With a capacity for 75 vehicles, the facility includes 10 auto lifts, a four-post alignment rack, a drive-through service area, and auto exhaust venting. The Light Industrial (LI) zoning allows for a variety of uses. The property offers excellent access to the greater Lowell trade area, the University of Massachusetts Lowell, Route 3, and Route 495. This turnkey operation is being delivered vacant at closing, providing immediate occupancy for the new owner. The asking price is $1,995,000, with a 6.60% cap rate. Business equipment and licenses may be available. Don't miss this chance to own a high-traffic, well-equipped commercial property in a thriving market.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,716 SF
Lot
0.49 ac (21,344 SF)
Zoning code
LI
APN
LOWE M:71 B:4085 L:1375
UPID
US38-2366570
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
-
Mechanics Direct Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$605k
Owner & transaction history
Skyhawk LLC · 1 yrs held
Skyhawk LLC
since 2025
7 recorded transactions
Zoning & alternative use
LI · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$69 / 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
$14,209
Tax year 2024
Assessed value
$610,600
Assessed 2024
Previous assessed
$564,200
+8.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$188,700
Assessed improvement
$421,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
8,716 SF
Lot
0.49 ac (21,344 SF)
Zoning code
LI
APN
LOWE M:71 B:4085 L:1375
UPID
US38-2366570
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Lowell, MA
Zoning LI · permitted uses
LI · 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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Skyhawk LLC
Entity
Mailing address
1375 MIDDLESEX ST, LOWELL, MA 01851-1219
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
$1,405,000
Skyhawk LLC
Lmrt Properties LLC
Deed
$1,300,000 · Enterprise Bank & Trust Co
Sep 30, 2019
—
Lmrt Props LLC
—
Deed
related
$760,000 · Workers Cu
May 22, 2014
—
Lmrt Properties LLC
—
Deed Of Trust
related
$830,000 · Workers Cu
Apr 4, 2011
$8,357
Lowell City Of
Lmrt Props LLC
Grant Deed
—
Dec 21, 2007
—
Lmrt Property LLC
—
Deed Of Trust
related
$679,000 · Middlesex Savings Bank
Mar 8, 2006
—
Lmrt Prop LLC
—
Deed Of Trust
related
$30,000 · Enterprise Bank & Trust
Feb 14, 2001
$470,000
Lmrt Properties LLC
Ira Acquistion Corp
Grant Deed
$230,000 · Mellon Bank
Feb 14, 2001
—
Lmrt Properties LLC
—
Deed Of Trust
related
$161,000 · Mellon Bank
Sep 7, 1999
—
Ira Acquistition Corp
—
Deed Of Trust
related
$300,000 · Worth Funding INC
Jun 14, 1999
$250,000
Ira Acquisition Corp
Portmarnock INC
Grant Deed
—
Jan 29, 1999
$250,000
Portmarnock INC
Cynthia P Witt Nt
Grant Deed
$200,000 · Southern Nh Bank & Trust
Jan 29, 1999
—
Portmarnock INC
—
Deed Of Trust
related
$150,000 · Zuckerman Family Nomi
—
—
Lmrt Props LLC
—
Deed Of Trust
related
$760,000 · Workers Cu
—
—
Lmrt Props LLC
—
Deed Of Trust
related
$45,000 · Workers Cu
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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