Property profile

27 Prescott St 2 Lowell, MA 01852

FOR SALE
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Property ID
US38-0694544
12,189 SF 0.1 ac Built 1826
Last sale Jun 2015·$1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Suite 2 is located within the 27 Prescott Street building in Lowell’s historic downtown district and is configured as approximately 4,000+/- square feet of office space intended for professional, creative, and technology uses. The suite has a private entrance and includes a reception area, five large private offices, a conference room, a filing room with movable shelves, and a networking room, along with a modern restroom and a kitchenette. The building provides elevator access, and the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$615k
Assessed land$177k
Assessed improvement$437k

Value estimate

· Nov 2026
$300k
$270k – $330k
AI approach$290k
NOI build-up
Gross scheduled income$125k
Vacancy & credit loss−$28k
Operating expenses−$24k
NOI$73k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$56 – $157

Cap rate analysis

How does the asset earn?
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DMU
DMU District promotes the vitality of Lowell historic downtown. The DMU is designed to promote a vibrant urban environment in the heart o...
General categoryMIXED_USE
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic17.4
Realty agency12.6
Acupuncture11.9

Location

27 Prescott St, Unit 2 Lowell, MA 01852
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 High, Lowell, MA 01852-3614 $137,680 Jun 2024 7,568 SF
70 Church, Lowell, MA 01852 $787,275 Apr 2023 12,496 SF
80 Church, Lowell, MA 01852-2622 $787,275 Apr 2023 10,934 SF
15 Warren, Lowell, MA 01852-2207 $595,000 Feb 2023 20,520 SF
275 Summer, Lowell, MA 01852-3353 $1,850,000 Mar 2022 7,983 SF
327 Gorham, Lowell, MA 01852-3310 $1,100,000 Sep 2021 7,758 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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