Property profile

508 Westford St Lowell, MA 01851

OFF-MARKET
Office buildings
Property ID
US38-2230832
2,740 SF 0.19 ac lot Built 1890
Entity Owned 17-yr Hold
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction FRAME
Total area 2,740 SF
Lot 0.19 ac (8,276 SF)
Zoning code TMU
APN LOWE M:104 B:6285 L:508
UPID US38-2230832

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Real Estate Agency

Location

508 Westford St Lowell, MA 01851-2913
Lowell metro Census 311500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$240k

Owner & transaction history

since 2008
7 recorded transactions
2008
$210,000
2008
$100,000
2006
Price N/A
2006
$1
2006
Price N/A
2005
$1
2005
Price N/A

Zoning & alternative use

TMU · Lowell, MA
Zoning description

The TMU district is designed to promote a mix of residential and retail uses in secondary areas

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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