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    Property profile & analytics

    374 Chelmsford St Lowell, MA 01851-4453

    • Turn key restaurants
    • 2,290 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $1,915,000
    Last Sale
    Mar 15, 2021
    $2,000,000
    Location Intelligence
    Property ID
    US38-1418208
    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.

    Current Use by Public Records

    • Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant

    Property Details for 374 Chelmsford St

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.65 lot acres
    Property size
    2,290 SF
    Zone code
    RR
    Property type
    Turn key restaurants
    APN
    LOWE M:144 B:1190 L:374
    APU
    LOWEM144B1190L374

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,810,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,080,000
      6.5%
      $2,220,000
      7%
      $1,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,300,000
      Geo Method
      $2,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,150,000
      Retail
      $2,115,000
      Mixed-Use
      $1,710,000
      Hospitality
      $1,825,000
      Educational
      $2,235,000
      Residential Income
      $2,265,000
      Energy
      $2,040,000
      Income-Based Land
      $2,195,000
      Food Service
      $1,815,000

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3211
    Latitude
    42.6295
    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
    $14,430
    $227,700
    $392,400
    $620,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $790,000
      2,054 SF

      475 Chelmsford St

      RESTAURANT • 2,054 SF
      475 Chelmsford St, Lowell, MA 01851-4423
      View Details
    • Value Estimation by Request
      4,960 SF

      11 Grand St

      RESTAURANT • 4,960 SF
      11 Grand St, Lowell, MA 01851-1904
      View Details
    • Value Estimation
      $495,000
      7,544 SF

      255 Chelmsford St

      RESTAURANT • 7,544 SF
      255 Chelmsford St, Lowell, MA 01851-3328
      View Details
    • Value Estimation by Request
      2,326 SF

      440 Chelmsford St

      RESTAURANT • 2,326 SF
      440 Chelmsford St, Lowell, MA 01851
      View Details
    • Value Estimation by Request
      3,609 SF

      1334 Middlesex St

      RESTAURANT • 3,609 SF
      1334 Middlesex St, Lowell, MA 01851-1220
      View Details
    • Value Estimation
      $475,000
      2,793 SF

      684 Westford St

      RESTAURANT • 2,793 SF
      684 Westford St, Lowell, MA 01851-2944
      View Details

    Similar Nearby for Sale

    • $50,000

      Specialty Shop Opportunity

      Specialty shop for Cambodian traditional items and wedding boutique.
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      Lowell Mixed-Use Investment Opportunity

      Mixed-use property with commercial space and residential unit in Lowell.
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      Renovated Multifamily Townhouse-Style Units

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      Lowell, MA Business Opportunity

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    Similar Nearby for Lease

    • Contact for pricing

      Interconnected Office/R&D Buildings For Rent

      Three interconnected office/R&D buildings with many amenities available for rent.
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      View Details
    • $1,950 /Mo

      Retail Space in High-Traffic Location

      Versatile commercial space suitable for retail, office, or specialty businesses.
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      View Details
    • $2,700 /Mo

      Historic Building Retail Space Available

      Commercial space in historic building with flexible uses for rent.
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    • Contact for pricing
      658 SF

      Automotive Repair Garage For Lease

      Freestanding automotive repair garage available for lease in Lowell, MA.
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    • $15 SF/Yr
      51,464 SF

      Lowell Retail End Cap Space

      Prime Lowell location, 1,793 sq ft available.
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      View Details
    • Contact for pricing
      5,232 SF

      Lowell Warehouse Space Available

      5,232 SF storage space in Lowell, Massachusetts.
      211 Plain St, Lowell, MA 01851
      View Details
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    Lowell, MA 01851-4453
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    Realmo Value Estimation

    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.

    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.

    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
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