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Financial
Distress signals
Property profile

59 Lowes Way Lowell, MA 01851

FOR LEASE
Industrial properties
Property ID
US38-0322534
9.6 ac lot
Last sale Nov 2012 · $1
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Connector Park at 59 Lowes Way in Lowell offers a prime opportunity for businesses seeking executive office space. This Class B building, constructed in 1983, boasts a total of 97,686 square feet, with five available units ranging from 1,678 to 10,335 contiguous square feet. A significant 21,174 square feet is currently vacant, providing flexibility for various business needs. The building is part of the prestigious Connector Park, offering a convenient suburban location with easy access to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2020

What does the county charge?
$371k
Tax billed · 2020
Assessed value · 2024$14.95M
Assessed land$2.32M
Assessed improvement$12.63M
Effective rate2.48%

Value estimate

· Oct 2026
$60k
$54k – $66k
AI approach$60k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254

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?
HRCO
JurisdictionLOWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency45.8
Restaurant30.9
Law Firm26.4

Location

59 Lowes Way Lowell, MA 01851
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Adams St, Lowell, MA 01851-1331 $1,650,000 Dec 2024 No data
282 Western, Lowell, MA 01851-1415 $850,000 Oct 2024 12,061 SF
10 Technology, Lowell, MA 01851-2728 $9,400,000 Sep 2024 60,008 SF
225 Stedman St, Lowell, MA 01851-2784 $235,000 Sep 2024 2,018 SF
70 Old Canal, Lowell, MA 01851-2730 $4,000,000 Mar 2023 26,714 SF
346 Western, Lowell, MA 01851-1459 $900,000 Jan 2023 7,200 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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