Property profile

275 Varnum Ave Ste 208 Lowell, MA 01854

OFF-MARKET
Office Spaces
Property ID
US38-0323567
1,420 SF Built 1990
Entity Owned 30-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,420 SF
Zoning code PDMI
APN LOWE M:83 B:5880 L:275 U:208
UPID US38-0323567

Cap rate & NOI

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

Location

275 Varnum Ave Ste, Unit 208 Lowell, MA 01854-2109
Lowell metro Census 310602 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 1996
Last sale
$180,000
2 recorded transactions
1996
$165,000
1991
$250,323

Zoning & alternative use

PDMI · Lowell, MA
Zoning description

The purpose of the PDMI District is to promote the economical and efficient use of land, an improved level of physical amenities, appropriate and harmonious physical development, creative and imaginative design and the o…

General category PLANNED_DEVELOPMENT

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
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 275 Varnum Ave Ste, Unit 208?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message