585 Middlesex St Lowell, MA 01851
Property profile & analytics
585 Middlesex St Lowell, MA 01851
- Office buildings
- 14,910 SF
- 1.16 lot acres
Property ID
US38-0145444
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Nobis Engineering, Inc. / Engineering Consultant / Civil Engineer
Property Details for 585 Middlesex St
- Year built
- 1890
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.16 lot acres
- Property size
- 14,910 SF
- Zone code
- UMU
- Property type
- Office buildings
- APN
- LOWE M:140 B:4085 L:585
- APU
- LOWEM140B4085L585
Description
This exceptional 1.16-acre parcel of land, located at 585 Middlesex Street in Lowell, Massachusetts, presents a compelling investment opportunity. Priced at $3,000,000, this property offers significant potential for a variety of commercial developments. The expansive lot size provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Lowell offers convenient access to major transportation routes, ensuring seamless connectivity for businesses and employees. The property's zoning and permitted uses should be independently verified to ensure alignment with any prospective development plans. Given its size and prime location, this property is well-suited for a range of commercial ventures, from industrial facilities and warehousing to potentially other uses subject to local regulations. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site plans and relevant documentation are available upon request. Prospective buyers are advised to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended purpose. This is a rare opportunity to acquire a substantial land holding in a thriving Massachusetts city. Don't miss out on this chance to secure a valuable asset with significant long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,870,000
- ML approach
- $2,865,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,458,000
Market price range: $1.45M - $2.46M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,965,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,130,000 Change: +110% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,435,000 Change: +75% Conversion: Easy
- RESTAURANT
- $2,490,000 Change: +27% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,290,000 Change: +16% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,265,000 Change: +15% Conversion: Difficult
- RETAIL STORES
- $2,265,000 Change: +15% Conversion: Moderate
- WAREHOUSE, STORAGE
- $2,170,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3193
- Latitude
- 42.6389
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$45,139
$199,600
$1,740,200
$1,939,800
-
$0.00
$0.00
$0.00
