Financial
Distress signals
Property profile

585 Middlesex St Lowell, MA 01851

OFF-MARKET
Office buildings
Property ID
US38-0145444
14,910 SF 1.16 ac lot Built 1890
Last sale Oct 2025 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

585 Middlesex Street is a LEED Gold office building in central Lowell, Massachusetts, located next to the 7-story Lowell Justice Center and within Middlesex County. The building was originally constructed as the Davis and Sargent historic mill using bedrock quarried from an adjacent canal, and it underwent renovation with subsequent LEED Gold certification. Sustainable building features include solar panels, high-efficiency heating, plumbing, and electrical systems, pervious pavement, and the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$45k
Tax billed · 2024
Assessed value$1.94M
Assessed land$200k
Assessed improvement$1.74M
Effective rate2.33%

Value estimate

· Sep 2026
$2.87M
$2.58M – $3.16M
AI approach$2.87M
Sales comparison$2.46M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$97 – $165
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMU
UMU District promotes the vitality of Lowell historic downtown. The UMU district focuses on revitalizing the commercial areas in the urba...
General categoryMIXED_USE
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic14.6
Acupuncture10.7
Storage Facility9.6

Location

585 Middlesex St Lowell, MA 01851-1404
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1115 Westford, Lowell, MA 01851-2853 $3,950,000 Nov 2021 30,342 SF
1774 Middlesex, Lowell, MA 01851-1109 $1,130,000 Apr 2021 5,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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