Property profile

40 Lee St Lowell, MA 01852

OFF-MARKET
Parking lots & garages
Property ID
US38-0936399
3,060 SF 0.03 ac lot Built 1983
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1983
Total area 3,060 SF
Lot 0.03 ac (1,307 SF)
Zoning code DMU
APN LOWE M:159 B:3540 L:40
UPID US38-0936399

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 Lee St Lowell, MA 01852
Lowell metro Census 310102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2022
Last sale
$1.7M
1 recorded transaction
2022
$1.7M

Zoning & alternative use

DMU · Lowell, MA
Zoning description

DMU District promotes the vitality of Lowell historic downtown. The DMU is designed to promote a vibrant urban environment in the heart of Downtown Lowell

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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