New search
Property profile & analytics
OFF-MARKET
Retail space
31 Groton St, Lowell, MA 01852-4317
Entity Owned
8-yr Hold
Property ID
US38-0786785
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
FRAME
Total area
2,436 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RR
APN
LOWE M:269 B:2745 L:31
UPID
US38-0786785
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
-
Tweed David Law Firm
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
Raras Real Estate LLC · 8 yrs held
Raras Real Estate LLC
since 2017
7 recorded transactions
Zoning & alternative use
RR · 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
$8,349
Tax year 2024
Assessed value
$358,800
Assessed 2024
Previous assessed
$333,100
+7.7% YoY
Effective rate
2.33%
On assessed value
Assessed land
$106,700
Assessed improvement
$252,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
6
Bathrooms
3
Total area
2,436 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RR
APN
LOWE M:269 B:2745 L:31
UPID
US38-0786785
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RR · Lowell, MA
Zoning RR · permitted uses
RR · 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
1955
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
6
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Raras Real Estate LLC
Entity
Mailing address
52 BURNHAM RD, LOWELL, MA 01852-2008
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
Raras Real Estate LLC
—
Deed
related
$400,000 · Enterprise Bank & Trust Co
Sep 8, 2017
—
Raras Real Estate LLC
Raras,charles V
Quit Claim Deed
related
—
Aug 16, 2016
$175,000
Charles V Raras
Raras Helena B Est
Quit Claim Arm's Length For Ne States
$262,500 · Enterprise Bank & Trust Co
Mar 7, 2002
—
Vaios Raras
—
Deed Of Trust
related
$150,000 · Enterprise Bank & Trust
Jul 9, 2001
—
Vaios Raras
—
Deed Of Trust
related
$55,000 · Enterprise Bank & Trust
Nov 7, 2000
—
Vaios Raras
—
Deed Of Trust
related
$35,000 · Enterprise Bank & Trust
Feb 25, 1999
—
Jesse C Foster
—
Deed Of Trust
related
$30,000 · Lowell Fire Cu
Sep 9, 1998
—
Vaios Raras
—
Deed Of Trust
related
$100,000 · Enterprise Bank & Trust
Mar 26, 1997
—
Vaios Raras
—
Deed Of Trust
related
$60,000 · Enterprise Bank & Trust
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?”
You own 31 Groton St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
