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Property profile & analytics
FOR SALE
Warehouses
160 Stedman St, Lowell, MA 01851
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-1065145
For Sale
1 / 41
$1,385,000
160 Stedman St, Lowell, MA 01851
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,200 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LI
APN
LOWE M:62 B:5520 L:160
UPID
US38-1065145
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
-
Mar Cor Purification New England Service Center Business To Business Service Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$837k
Blend (final)
Blend
$1.39M
Owner & transaction history
Milford Sbs LLC · 7 yrs held
Milford Sbs LLC
since 2019
6 recorded transactions
Zoning & alternative use
LI · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+14.8%
Industrial (general)
$2.0M
+5.5%
Auto repair, garage
$2.0M
+4.5%
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%
$1,530,000
6.5%
$1,410,000
7%
$1,310,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,920,000
Current use
RESTAURANT
$2,205,000
Change: +15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,025,000
Change: +6% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,005,000
Change: +5% · Conversion: Easy
RETAIL STORES
$2,005,000
Change: +4% · Conversion: Moderate
OFFICE BUILDING
$1,740,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±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
$105 / 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
$32,760
Tax year 2024
Assessed value
$1,407,800
Assessed 2024
Previous assessed
$1,287,800
+9.3% YoY
Effective rate
2.33%
On assessed value
Assessed land
$209,600
Assessed improvement
$1,198,200
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
For Sale
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
13,200 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LI
APN
LOWE M:62 B:5520 L:160
UPID
US38-1065145
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Milford Sbs LLC
Entity
Free & Clear · 7 yrs held
Mailing address
23 MAIN ST, ANDOVER, MA 01810-3742
Ownership since
2019
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
Mar 24, 2021
—
Milford Sbs LLC
—
Deed
related
$2,250,000 · Reading Cooperative Bank
Feb 5, 2019
$1,875,000
Milford Sbs LLC
Rockbreaker Realty LLC
Quit Claim Deed
—
Nov 6, 2002
—
Rockbreaker Realty LLC
—
Deed Of Trust
related
$615,000 · Enterprise Bank & Trust
Jun 27, 1997
$607,500
Rockbreaker Realty LLC
Rocky Mountain Prop LP
Grant Deed
related
$625,000 · Danvers Savings Bank
Nov 3, 1995
$525,000
Rocky Mountain Propert
Palefsky RT
Grant Deed
$262,500 · Shawmut Bank Of Boston
Nov 3, 1995
—
Rocky Mountain Propert
—
Deed Of Trust
related
$210,000 · Shawmut Bank Of Boston
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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