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Property profile & analytics
OFF-MARKET
Retail space
55 Wamesit St, Lowell, MA 01852-3528
Individually Owned
3-yr Hold
Property ID
US38-1144427
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
1,197 SF
Lot
0.03 ac (1,307 SF)
Zoning code
NB
APN
LOWE M:181 B:6115 L:55
UPID
US38-1144427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Solomon Teklubedada · 3 yrs held
Solomon Teklubedada
since 2022
Last sale
$60,000
7 recorded transactions
Zoning & alternative use
NB · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,333
Tax year 2024
Assessed value
$186,200
Assessed 2024
Previous assessed
$172,400
+8.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$86,200
Assessed improvement
$100,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
1,197 SF
Lot
0.03 ac (1,307 SF)
Zoning code
NB
APN
LOWE M:181 B:6115 L:55
UPID
US38-1144427
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
NB · Lowell, MA
Zoning NB · permitted uses
NB · Lowell, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
3
Bathrooms
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Solomon Teklubedada
Individual
Mailing address
54 MAPLE ST #1, MALDEN, MA 02148-3829
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2022
$171,000
Solomon Teklubedada
Robert W Jacobs
Foreclosure
related
$136,800 · Robert W Jacobs
May 6, 2022
—
Token Multi Services Corp
—
Deed
related
$795,200 · United States Small Business Admin
Apr 21, 2016
$250,000
Token Multi Services Corp
Jacobs,robert W
Quit Claim Deed
$200,000 · Robert W Jacobs
Dec 19, 2011
$60,000
Robert W Jacobs
Nicholas,toni
Grant Deed
—
Jul 31, 2008
—
Toni Nichols
—
Deed Of Trust
related
$11,952 · Zions First National Bank
Mar 15, 2007
$135,000
Toni Nicholas
Correia,michael V
Grant Deed
$90,000 · Louis M Saab
Mar 15, 2007
—
Nicholas,toni
—
Grant Deed
related
$45,000 · Prospect Inv INC
Nov 13, 2006
$55,000
Michael V Correia
Brennan,pauline H
Grant Deed
$75,000 · Louis M Saab
Dec 10, 1999
—
Pauline H Brennan
—
Deed Of Trust
related
$12,500 · Lowell Dev & Financial
Jul 14, 1994
$16,000
Pauline H Brennan
Pelham B&t
Grant Deed
$14,400 · Pelham Bank & Trust Co Nh
Nov 26, 1991
$55,000
Pelham Bk & Tr Co
Bechard,norma P
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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