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Financial
Distress signals
Property profile

4 Lowell Rd 10 North Reading, MA 01864

FOR LEASE
Super regional malls
Property ID
US38-0889506
11,679 SF 1.55 ac lot
Last sale Sep 2015 · $1,530,000
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail storefront space with street-facing presence designed for retail use. The space is located at the intersection of Route 28 and Route 62, providing visibility from both roads. Beyond the stated storefront location and road frontage, the listing does not provide durable details such as interior layout, square footage, condition, or any included amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$1.83M
Assessed land$542k
Assessed improvement$1.28M
Effective rate1.32%

Value estimate

· Oct 2026
$1.79M
$1.61M – $1.97M
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 1,352.71% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$277/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$70 – $457

Cap rate analysis

How does the asset earn?
1,352.71%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
Highway Business (HB) District. § 200-40 Industrial/Office (I/O-1) District. § 200-32 Applicability. Except as otherwise provided in this...
General categoryMIXED_USE
JurisdictionNORTH READING

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.4
Law Firm9.4
Auto Parts Store9.0

Location

4 Lowell Rd, Unit 10 North Reading, MA 01864
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 10 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
35 Main, North Reading, MA 01864-2204 $1,200,000 Feb 2020 18,724 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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