Property profile

700 Chelmsford St Lowell, MA 01851

OFF-MARKET
Retail space
Property ID
US38-0142103
2,300 SF 0.21 ac lot Built 1900
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction FRAME
Total area 2,300 SF
Lot 0.21 ac (9,148 SF)
Zoning code TMU
APN LOWE M:127 B:1190 L:700
UPID US38-0142103

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
  • Nail Salon

Location

700 Chelmsford St Lowell, MA 01851-5101
Lowell metro Census 311600 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$540k

Owner & transaction history

since 2022
Last sale
$499,000
6 recorded transactions
2022
Price N/A
2019
$499,000
2016
Price N/A
2016
$408,000
2013
$325,000
2010
$327,000

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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