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Property profile & analytics
OFF-MARKET
Turn key restaurants
278 Br St Lowell, MA 01851-1840
Individually Owned
21-yr Hold
Free & Clear
Property ID
US38-0787719
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Construction
FRAME
Total area
2,177 SF
Lot
0.12 ac (5,227 SF)
Zoning code
NB
APN
LOWE M:103 B:750 L:278
UPID
US38-0787719
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
Current use
Occupant on record · Public records
-
Peephuptmei Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nhor Tea · 21 yrs held
Nhor Tea
since 2005
7 recorded transactions
Zoning & alternative use
NB · Lowell, MA
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,637
Tax year 2024
Assessed value
$285,200
Assessed 2024
Previous assessed
$269,400
+5.9% YoY
Effective rate
2.33%
On assessed value
Assessed land
$114,300
Assessed improvement
$170,900
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
2,177 SF
Lot
0.12 ac (5,227 SF)
Zoning code
NB
APN
LOWE M:103 B:750 L:278
UPID
US38-0787719
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
NB · Lowell, MA
Zoning NB · permitted uses
NB · 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.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Nhor Tea
Individual
Free & Clear · 21 yrs held
Mailing address
278 BR ST, LOWELL, MA 01851-1840
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Peter Tea
—
Deed
related
$107,000 · Rockland Trust Co
Mar 16, 2022
—
Peter Tea
—
Deed
related
$310,000 · Enterprise Bank & Trust Co
Jun 30, 2016
—
Peter Tea
—
Deed
related
$208,000 · Jeanne D'arc Cu
Aug 24, 2011
—
Peter Tea
—
Deed Of Trust
related
$144,000 · Soklou Seng
Jun 10, 2009
—
Peter Tea
—
Deed Of Trust
related
$240,000 · Leang Kimseang
Feb 4, 2008
—
Nhor Tea
—
Deed Of Trust
related
$240,000 · Soklou Seng
Feb 22, 2005
$1
Nhor Tea
Tea,peter
Grant Deed
—
Aug 31, 2004
$250,000
Peter Tea
Kul,sophath
Grant Deed
$250,000 · Zwi Kohorn
May 25, 2004
$120,000
Sophath Kul
Nuth,sam
Grant Deed
—
Jun 14, 2002
$120,000
Sam Nuth
Pen,chantha Satum
Grant Deed
$100,000 · Fleet National Bank
Jul 21, 2000
$173,000
Chantha Satum Pen
Carousel Cleaners INC
Grant Deed
$121,100 · Enterprise Bank & Trust
—
—
Peter Tea
—
Deed Of Trust
related
$208,000 · Jeanne D'arc Cu
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.
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