Property profile

648 Central St Lowell, MA 01852

OFF-MARKET
Office buildings
Property ID
US38-0329762
8,554 SF 0.36 ac lot Built 1950
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction FRAME
Total area 8,554 SF
Lot 0.36 ac (15,682 SF)
Zoning code TMU
APN LOWE M:181 B:1125 L:648
UPID US38-0329762

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Law Firm
  • Church
  • Home Health Care Service
  • Financial Advisor

Location

648 Central St Lowell, MA 01852-3403
Lowell metro Census 312000 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$674k
Blend (final) Blend
$590k

Owner & transaction history

since 2013
3 recorded transactions
2023
Price N/A
2013
$475,000
1992
$165,000

Zoning & alternative use

TMU · Lowell, MA
Zoning description

The TMU district is designed to promote a mix of residential and retail uses in secondary areas

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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