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Property summary
The property at 550 King Street in Littleton, MA is positioned at the intersection of Routes 119 and 110, less than one mile from Exit 31 off I-495, and includes an on-site LRTA bus stop that serves the Charles A. Gallagher Transit Terminal in Lowell. The site encompasses approximately 500,000 square feet and is subject to recent zoning changes that support development of up to 2,000,000 square feet of mixed-use space at King Street Common. The planned redevelopment is designed to include both residential and commercial uses, along with retail amenities, and involves infrastructure improvements supported by a major sewer extension program. The site’s intended tenant and industry mix spans sectors including life science, advanced manufacturing, green energy, robotics, and medical device development.
Property profile
VerifiedCap rate & NOI
Current use
-
Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B. Accessory uses. (See Articles XII and XIII .) Uses Districts R VC B IA IB Roadside stands (agricultural) Y Y Y Y Y Accessory business uses at active farms (see § 173-57 ) P P P P P Accessory dependent dwelling unit (s…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B · Littleton, MAB. Accessory uses. (See Articles XII and XIII .) Uses Districts R VC B IA IB Roadside stands (agricultural) Y Y Y Y Y Accessory business uses at active farms (see § 173-57 ) P P P P P Accessory dependent dwelling unit (s…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B. Accessory uses. (See Articles XII and XIII .) Uses Districts R VC B IA IB Roadside stands (agricultural) Y Y Y Y Y Accessory business uses at active farms (see § 173-57 ) P P P P P Accessory dependent dwelling unit (s…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B in Littleton, MA.
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