Property profile

242 Church St Lowell, MA 01852

OFF-MARKET
Office buildings
Property ID
US38-1777425
10,288 SF 0.21 ac lot Built 1843
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1843
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,288 SF
Lot 0.21 ac (9,148 SF)
Zoning code DMU
APN LOWE M:179 B:1240 L:242
UPID US38-1777425

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

242 Church St Lowell, MA 01852
Lowell metro Census 310101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$999k
Blend (final) Blend
$740k

Owner & transaction history

since 2006
1 recorded transaction
2006
$850,000

Zoning & alternative use

DMU · Lowell, MA
Zoning description

DMU District promotes the vitality of Lowell historic downtown. The DMU is designed to promote a vibrant urban environment in the heart of Downtown Lowell

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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