New search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
205 Appleton St, Lowell, MA 01852-2529
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0675151
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,777 SF
Lot
0.2 ac (8,712 SF)
Zoning code
UMU
APN
LOWE M:161 B:195 L:205
UPID
US38-0675151
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$595k
Owner & transaction history
Begum Alaybeyoglu · 1 yrs held
Begum Alaybeyoglu
since 2024
Last sale
$594,900
7 recorded transactions
Zoning & alternative use
UMU · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$725,000
+2.0%
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
$595,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$710,000
Current use
AUTO REPAIR, GARAGE
$725,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$695,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$590,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $595k (Aug 9 2024)
Last sale anchor
$595k
Aug 9 2024
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
$125 / 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
$10,683
Tax year 2024
Assessed value
$459,100
Assessed 2024
Previous assessed
$432,500
+6.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$138,900
Assessed improvement
$320,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
4,777 SF
Lot
0.2 ac (8,712 SF)
Zoning code
UMU
APN
LOWE M:161 B:195 L:205
UPID
US38-0675151
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
UMU · Lowell, MA
Zoning UMU · permitted uses
UMU · 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
RETAIL STORES Current
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$695,000
OFFICE BUILDING
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$590,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Begum Alaybeyoglu
Individual
Mailing address
10 BRADFORD AVE #1, HAMPTON, NH 03842-3007
Ownership since
2024
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
Aug 9, 2024
$594,900
Begum Alaybeyoglu
205-207 Appleton St RT
Condominium Deed
$475,920 · Crosscountry Mortgage INC
Jul 22, 2024
$542,500
Ellen S Popko
205-207 Appleton St RT
Condominium Deed
$350,000 · Harvard Federal Credit Union
Oct 12, 2022
$920,000
253 North Re Ventures LLC
John R Finegan
Quit Claim Arm's Length For Ne States
—
Sep 19, 1995
—
John R Finegan
—
Deed Of Trust
related
$50,000 · Lowell Dev & Financial
Feb 10, 1995
$130,000
John R Finegan
Simopoulos Peter Est
Grant Deed
$90,000 · Enterprise Bank & Trust
Feb 10, 1995
—
John R Finegan
—
Deed Of Trust
related
$50,000 · Enterprise Bank & Trust
Feb 12, 1993
—
Peter Simopoulos
—
Deed Of Trust
related
$25,000 · Silva Bros Investment INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 205 Appleton St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
