Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    315 Brg St Lowell, MA 01850-2407
    Back to Search
    Property profile & analytics

    315 Brg St, Lowell, MA 01850-2407

    View on Map
    • Turn key restaurants
    • 2,072 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US38-1808786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Andre Dumpster Rental of Lowell / General Contractor / Waste Management Facility
    • Chase Bank / Bank / Loan Service

    Property Details for 315 Brg St

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Zone code
    UMU
    Property type
    Turn key restaurants
    APN
    LOWE M:176 B:780 L:315
    APU
    LOWEM176B780L315

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 8, 2019 — 315 Bridge Street LLC Conway,andrew F Quit Claim Deed · related —
    Apr 30, 2004 — Donald M Adie — Deed Of Trust · related $965k · Lowell Five Cent Savings
    Mar 30, 2001 — Andrew F Conway — Deed Of Trust · related $1M · First Massachusetts Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3037
    Latitude
    42.6493
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,900
    $200,300
    $311,100
    $511,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,165 SF

      715 Lakeview Ave

      RESTAURANT
      715 Lakeview Ave, Lowell, MA 01850-1828
      View Details
    • Value Estimation
      $1,530,000
      5,865 SF

      78 Lakeview Ave

      RESTAURANT
      78 Lakeview Ave, Lowell, MA 01850-2361
      View Details
    • Value Estimation
      $515,000
      3,150 SF

      1200 Brg St

      RESTAURANT
      1200 Brg St, Lowell, MA 01850-1255
      View Details
    • Value Estimation
      $700,000
      1,992 SF

      603 Brg St

      RESTAURANT
      603 Brg St, Lowell, MA 01850-2042
      View Details
    • Value Estimation by Request
      3,324 SF

      700 Aiken St

      RESTAURANT
      700 Aiken St, Lowell, MA 01850-1804
      View Details
    • Value Estimation
      $630,000
      3,182 SF

      101 Lakeview Ave

      RESTAURANT
      101 Lakeview Ave, Lowell, MA 01850-2324
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Building and Auto Repair

      Commercial building with auto repair business for sale.
      72 1St St, Lowell, MA 01850
      View Details
    • Contact for pricing
      25,730 SF

      Renovated Office/Retail Space Available

      Move-in ready office/retail space with high visibility and accessibility.
      31 1St St, Lowell, MA 01850
      View Details
    • Contact for pricing

      Commercial Building and Auto Repair

      Commercial building with auto repair business for sale.
      72 1St St, Lowell, MA 01850
      View Details
    • Contact for pricing
      23,250 SF

      Lakeview Avenue Portfolio For Sale

      Multifamily and retail portfolio in Lowell, MA.
      768 Lakeview Ave, Lowell, MA 01850
      View Details
    • Contact for pricing
      12,158 SF

      Freestanding CVS Pharmacy Investment Opportunity

      NNN leased CVS in Lowell, MA with 14 years remaining.
      23 Lakeview Ave, Lowell, MA 01850
      View Details
    • Contact for pricing

      Multifamily Property with Parking

      Multifamily property in Lowell with strong rental potential.
      6-8 Dalton St, Lowell, MA 01850
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 Brg St
    Lowell, MA 01850-2407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    315 Brg St, Lowell, MA, 01850
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!