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Property profile & analytics
FOR LEASE
Life science properties
205 Lowell St, Wilmington, MA 01887
Entity Owned
13-yr Hold
Free & Clear
Property ID
US38-1419224
For Lease
1 / 4
$2,305,000
205 Lowell St, Wilmington, MA 01887
View Listing →
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1998
Construction
STEEL FRAME
Total area
206,905 SF
Lot
13.31 ac (579,784 SF)
APN
WILM M:0048 L:0000 P:0073B
UPID
US38-1419224
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
How 205 Lowell LLC · 13 yrs held
How 205 Lowell LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / 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
$539,572
Tax year 2024
Assessed value
$20,570,800
Assessed 2024
Previous assessed
$19,317,100
+6.5% YoY
Effective rate
2.62%
On assessed value
Assessed land
$5,115,000
Assessed improvement
$15,455,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Lease
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
206,905 SF
Lot
13.31 ac (579,784 SF)
APN
WILM M:0048 L:0000 P:0073B
UPID
US38-1419224
Jurisdiction
WILMINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
13.31 ac
Current owner
From public records · entity-resolved
How 205 Lowell LLC
Entity
Free & Clear · 13 yrs held
Mailing address
155 WW ST, WILMINGTON, MA 01887-6009
Ownership since
2012
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
Jan 20, 2021
—
How 205 Lowell LLC
—
Deed
related
$64,000,000 · Transamerica Life Insurance
Sep 10, 2012
—
How 205 Lowell LLC
—
Deed Of Trust
related
$17,680,000 · East Boston Savings Bank
Sep 10, 2012
$1
How 205 Lowell LLC
205 Lowell LLC
Grant Deed
related
—
Nov 22, 2002
—
New 205 Lowell LLC
—
Deed Of Trust
related
$15,500,000 · Nomura Asset Capital
Jun 21, 2002
—
205 Lowell LLC
—
Deed Of Trust
related
$14,500,000 · Webster Bank
Jul 30, 1999
—
205 Lowell LLC
—
Deed Of Trust
related
$9,000,000 · Dime Cre INC
Oct 9, 1998
—
Hdo LLC
—
Deed Of Trust
related
$900,000 · Danvers Savings Bank
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?”
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