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    Property profile & analytics

    380 Lowell St Ste 202b Wakefield, MA 01880-1984

    • Office Properties & Spaces
    • 465 SF
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US38-0728475
    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

    • Corson Insurance / Insurance Agency
    • Carey & Slater Law Offices / Attorney
    • NVP Podiatry, LLC / Medical Clinic / Podiatrist
    • LEC Environmental Consultants, Inc / Environmental Consultant
    • Law Office of Terrence J. Slater / Attorney

    Property Details for 380 Lowell St Ste 202b

    Year built
    1984
    Construction
    FRAME
    Property size
    465 SF
    Zone code
    B
    Property type
    Office Properties & Spaces
    APN
    WAKE M:00014C B:157A P:027C16
    APU
    WAKEM00014CB157AP027C16

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $280,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $280,000
      Mixed-Use
      $255,000
      Hospitality
      $255,000
      Educational
      $315,000
      Residential Income
      $265,000
      Energy
      $240,000
      Income-Based Land
      $300,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0634
    Latitude
    42.5177
    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
    $2,394
    $0.00
    $110,300
    $110,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      209 Albion St

      Office Properties & Spaces • 2,000 SF
      209 Albion St, Wakefield, MA 01880
      View Details
    • Value Estimation
      $160,000
      341 SF

      382 Lowell St Ste 203a

      CONDOMINIUM OFFICES • 341 SF
      382 Lowell St Ste 203a, Wakefield, MA 01880-1972
      View Details
    • Value Estimation
      $135,000
      341 SF

      382 Lowell St Ste 203b

      CONDOMINIUM OFFICES • 341 SF
      382 Lowell St Ste 203b, Wakefield, MA 01880-1972
      View Details
    • Value Estimation by Request
      4,148 SF

      603 Salem St

      CONDOMINIUM OFFICES • 4,148 SF
      603 Salem St, Wakefield, MA 01880-1227
      View Details
    • Value Estimation
      $145,000
      846 SF

      10 Richardson Ave, Unit B

      CONDOMINIUM OFFICES • 846 SF
      10 Richardson Ave, Wakefield, MA 01880-2913
      View Details
    • Value Estimation
      $355,000
      3,956 SF

      333 Nn Ave Fl, Unit 1

      CONDOMINIUM OFFICES • 3,956 SF
      333 Nn Ave Fl, Wakefield, MA 01880-2321
      View Details

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    Wakefield, MA 01880-1984
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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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