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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Turn key restaurants
1733 Middlesex St Lowell, MA 01851-1159
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1501806
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,240 SF
Lot
1.16 ac (50,530 SF)
Zoning code
RR
APN
LOWE M:46 B:4085 L:1733
UPID
US38-1501806
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
-
China Star Dim Sum Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Tran Managment LLC · 4 yrs held
Tran Managment LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
RR · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+65.9%
Apartment house (5+ units)
$1.4M
+38.0%
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
$1,355,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,040,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,730,000
Change: +66% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,440,000
Change: +38% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$960,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$950,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$910,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.50M (Sep 8 2021)
Last sale anchor
$1.50M
Sep 8 2021
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
$230 / 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
$16,045
Tax year 2024
Assessed value
$689,500
Assessed 2024
Previous assessed
$656,200
+5.1% YoY
Effective rate
2.33%
On assessed value
Assessed land
$209,600
Assessed improvement
$479,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
6,240 SF
Lot
1.16 ac (50,530 SF)
Zoning code
RR
APN
LOWE M:46 B:4085 L:1733
UPID
US38-1501806
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RR · Lowell, MA
Zoning RR · permitted uses
RR · 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
RESTAURANT Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$910,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Tran Managment LLC
Entity
Mailing address
1733 MIDDLESEX ST, LOWELL, MA 01851-1159
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$1,500,000
Tran Managment LLC
Kencol Int
Quit Claim Arm's Length For Ne States
$1,200,000 · Middlesex Fsla
Aug 14, 2014
—
Kencol Int
—
Grant Deed
related
$1,727,925 · Jean D'arc Cu
Jan 18, 2012
$1
Lowell Mammoth Dev LLC
Kencol Invest T
Grant Deed
related
—
Sep 26, 2003
$500,000
Kencol Int
Lavie,ronald W
Grant Deed
$1,250,000 · Lowell Five Cent Savings
Apr 13, 1998
$500,000
Ronald W Lavie
JR RT
Grant Deed
$400,000 · Zenon Grzybowski
May 15, 1987
$310,000
Jasper J Mozar
Aufiero,diane
Grant Deed
$775,000 · Lowell Inst Svgs Bk
—
—
Kencol Trust
—
Deed Of Trust
related
$1,727,925 · Jean D'arc 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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