397 School St Lowell, MA 01851-1308
Property profile & analytics
397 School St Lowell, MA 01851-1308
- Auto shops
- 2,854 SF
- 0.13 lot acres
Property ID
US38-1759485
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.
Location Intelligence
Current Use by Public Records
- Saem's Auto Services Center / Auto Repair Shop
- Tepsena Auto Repair / Auto Repair Shop / Vehicle Inspection Center
Property Details for 397 School St
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.13 lot acres
- Property size
- 2,854 SF
- Zone code
- TMU
- Property type
- Auto shops
- APN
- LOWE M:120 B:5240 L:397
- APU
- LOWEM120B5240L397
Description
This free-standing automotive repair garage, located at 397 School Street in Lowell, MA, offers a fantastic opportunity for a business seeking a well-situated space. The property encompasses approximately 2,854 square feet, distributed across two floors: 2,196 square feet on the ground floor and an additional 658 square feet on the second floor. Situated on a 0.13-acre lot, the building features a convenient 12-foot overhead garage door, perfect for accommodating vehicles and equipment. A fenced-in yard provides ample secure outdoor space for storage or additional operations. The property benefits from excellent visibility due to its location on the heavily trafficked School Street, ensuring high exposure to potential customers. This single-tenancy industrial warehouse is ideal for automotive repair businesses or similar operations requiring a blend of indoor and outdoor space. The property's size, features, and location combine to create a compelling opportunity for a business seeking to establish or expand its operations in a thriving area. Interested parties are encouraged to inquire for further details.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $545,000
- ML approach
- $530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $402,000
Market price range: $215k - $613k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $435,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $790,000 Change: +82% Conversion: Difficult
- RETAIL STORES
- $435,000 Change: -0% Conversion: Difficult
- WAREHOUSE, STORAGE
- $415,000 Change: -4% Conversion: Easy
- OFFICE BUILDING
- $375,000 Change: -13% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $350,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3252
- Latitude
- 42.6397
- 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
$6,436
$117,100
$159,500
$276,600
-
$0.00
$0.00
$0.00
