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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
313 Central St, Lowell, MA 01852-2607
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-2496103
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1880
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,696 SF
Lot
0.04 ac (1,742 SF)
Zoning code
UMU
APN
LOWE M:179 B:1125 L:313
UPID
US38-2496103
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
-
KP Home Decor And More Is Now Lowell Community Outlet / Home Decor, Furniture And Clothing Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$560k
Owner & transaction history
Earthbound Collective LLC · 2 yrs held
Earthbound Collective LLC
since 2024
Last sale
$560,000
7 recorded transactions
Zoning & alternative use
UMU · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$560,000
+15.3%
Retail stores
$550,000
+13.0%
Warehouse, storage
$540,000
+10.3%
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
Method
Estimation
Statistic approach
$560,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$485,000
Current use
AUTO REPAIR, GARAGE
$560,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$550,000
Change: +13% · Conversion: Moderate
WAREHOUSE, STORAGE
$540,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$455,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $560k (May 10 2024)
Last sale anchor
$560k
May 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
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
$9,876
Tax year 2024
Assessed value
$424,400
Assessed 2024
Previous assessed
$424,400
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$139,600
Assessed improvement
$284,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1880
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
5
Total area
3,696 SF
Lot
0.04 ac (1,742 SF)
Zoning code
UMU
APN
LOWE M:179 B:1125 L:313
UPID
US38-2496103
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
UMU · Lowell, MA
Zoning UMU · permitted uses
UMU · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$455,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1880
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
5
Lot
0.04 ac
Current owner
From public records · entity-resolved
Earthbound Collective LLC
Entity
Mailing address
313 CENTRAL ST, LOWELL, MA 01852-2607
Ownership since
2024
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
May 10, 2024
$560,000
Earthbound Collective LLC
Brian D Mcmahon
Quit Claim Arm's Length For Ne States
$300,000 · Lowell Five Cents Savings Bank
Sep 4, 2020
—
Brian Mcmahon
—
Deed
related
$169,050 · Belvidere Cap LLC
Jul 17, 2013
$120,000
Brian D Mcmahon
Jart RT
Quit Claim Deed
—
Jul 7, 1993
—
R T Jart
—
Deed Of Trust
related
$10,000 · Silva Bros Investment INC
—
—
Brian Mcmahon
—
Deed Of Trust
related
$40,500 · Belvidere Capital LLC
—
—
Brian D Mcmahon
—
Deed Of Trust
related
$80,000 · Bevidere Capital LLC
—
—
Brian D Mcmahon
—
Deed Of Trust
related
$36,000 · Belvidere Cap LLC
—
—
Brian D Mcmahon
—
Deed Of Trust
related
$80,000 · Belvidere Capital LLC
—
—
Brian Mcmahon
—
Deed Of Trust
related
$169,050 · Belvidere Cap LLC
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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