Property profile

1500 Gorham St Lowell, MA 01852

OFF-MARKET
Showrooms
Property ID
US38-0969303
3,724 SF 0.53 ac lot Built 1900
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction FRAME
Total area 3,724 SF
Lot 0.53 ac (23,087 SF)
Zoning code SMU
APN LOWE M:190 B:2675 L:1500
UPID US38-0969303

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic

Location

1500 Gorham St Lowell, MA 01852-5227
Lowell metro Census 312200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
$950k
Comparable Approach Comparable
$601k
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
1 recorded transaction
2024
$700,000

Zoning & alternative use

SMU · Lowell, MA
Zoning description

Suburban Mixed Use District is designed to promote and sustain vibrant commercial activity by encouraging a balanced mix of uses that collectively create a viable market environment for commercial development and expansi…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $1.0M +124.5%
Auto repair, garage $565,000 +23.2%
Retail stores $555,000 +20.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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