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    Property profile & analytics

    169 Merrimack St Lowell, MA 01852-1701

    • Retail properties
    • 15,457 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $1,615,000
    Last Sale
    Apr 11, 2024
    $1,600,000
    Location Intelligence
    Property ID
    US38-0106717
    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.

    Current Use by Public Records

    • Non-Profit Alliance of Greater Lowell / Non-Profit Organization
    • Lowell Association for the Blind / Non-Profit Organization
    • Merrimack Valley Central Labor / Labor Union
    • United Teachers of Lowell / Labor Union

    Property Details for 169 Merrimack St

    Year built
    1840
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    15,457 SF
    Zone code
    DMU
    Property type
    Retail properties
    APN
    LOWE M:159 B:4060 L:169
    APU
    LOWEM159B4060L169

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,565,000
      6.5%
      $1,740,000
      7%
      $1,675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,870,000
      Geo Method
      $1,770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,290,000
      Retail
      $1,595,000
      Mixed-Use
      $1,540,000
      Hospitality
      $1,605,000
      Educational
      $1,675,000
      Residential Income
      $1,350,000
      Energy
      $1,770,000
      Income-Based Land
      $1,460,000
      Food Service
      $1,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3107
    Latitude
    42.6459
    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
    $24,171
    $186,700
    $852,000
    $1,038,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      3,365 SF

      285 Pln St

      DEPARTMENT STORE • 3,365 SF
      285 Pln St, Lowell, MA 01852-4537
      View Details
    • Value Estimation by Request
      34,920 SF

      147 Central St

      DEPARTMENT STORE • 34,920 SF
      147 Central St, Lowell, MA 01852-1960
      View Details
    • Value Estimation by Request
      38,890 SF

      156 Lincoln St

      DEPARTMENT STORE • 38,890 SF
      156 Lincoln St, Lowell, MA 01852
      View Details
    • Value Estimation by Request
      10,008 SF

      104 Merrimack St

      DEPARTMENT STORE • 10,008 SF
      104 Merrimack St, Lowell, MA 01852-1718
      View Details
    • Value Estimation by Request
      69,600 SF

      159 Merrimack St

      DEPARTMENT STORE • 69,600 SF
      159 Merrimack St, Lowell, MA 01852
      View Details
    • Value Estimation by Request
      137,357 SF

      181 Pln St

      DEPARTMENT STORE • 137,357 SF
      181 Pln St, Lowell, MA 01852-5165
      View Details

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    169 Merrimack St
    Lowell, MA 01852-1701
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    Realmo Value Estimation

    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.

    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.

    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
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