Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    915 Pawtucket St Lowell, MA 01851-1254
    Back to Search
    Property profile & analytics

    915 Pawtucket St Lowell, MA 01851-1254

    View on Map
    • Retail space
    • 7,509 SF
    • 0.52 lot acres
    Off-Market
    Property ID
    US38-0679747
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Paul's Hair Studio / Hair Salon / Nail Salon
    • Gregs Comics and Gaming / (Bike/Boat/Book/etc) Store / Newspaper & Magazine
    • Iron Motors Group / Auto Repair Shop

    Property Details for 915 Pawtucket St

    Year built
    1820
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    7,509 SF
    Zone code
    RR
    Property type
    Retail space
    APN
    LOWE M:71 B:4550 L:915
    APU
    LOWEM71B4550L915

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.343
    Latitude
    42.6387
    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
    $9,229
    $84,400
    $312,200
    $396,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,075,000
      8,775 SF

      1815 Middlesex St

      RETAIL STORES (PERSONAL SERVICES) • 8,775 SF
      1815 Middlesex St, Lowell, MA 01851-1107
      View Details
    • Value Estimation by Request
      1,501 SF

      238 Shaw St

      RETAIL STORES (PERSONAL SERVICES) • 1,501 SF
      238 Shaw St, Lowell, MA 01851-4330
      View Details
    • Value Estimation by Request
      2,591 SF

      289 Westford St

      RETAIL STORES (PERSONAL SERVICES) • 2,591 SF
      289 Westford St, Lowell, MA 01851-2518
      View Details
    • Value Estimation by Request
      498 SF

      319 Westford St

      RETAIL STORES (PERSONAL SERVICES) • 498 SF
      319 Westford St, Lowell, MA 01851-2518
      View Details
    • Value Estimation
      $530,000
      3,774 SF

      525 Chelmsford St

      RETAIL STORES (PERSONAL SERVICES) • 3,774 SF
      525 Chelmsford St, Lowell, MA 01851-4408
      View Details
    • Value Estimation
      $620,000
      8,415 SF

      460 Chelmsford St

      RETAIL STORES (PERSONAL SERVICES) • 8,415 SF
      460 Chelmsford St, Lowell, MA 01851-4447
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      High-Visibility Mixed-Use Corner Lot

      Mixed-use property with diverse income streams in the Highlands neighborhood.
      1008 Westford St, Lowell, MA 01851
      View Details
    • Contact for pricing

      Multi-Tenant Suburban Property For Sale

      100% leased multi-purpose property with recent updates and income potential.
      1703 Middlesex St, Lowell, MA 01851
      View Details
    • Contact for pricing

      Automotive Showroom, Service, Dealership

      8,716 SF building ideal for dealership or auto repair.
      1375 Middlesex St, Lowell, MA 01851
      View Details
    • $750,000
      3,774 SF

      Mixed-Use Property in Lowell, MA

      Mixed-use property with commercial space and residential unit.
      525 Chelmsford St, Lowell, MA 01851
      View Details
    • Contact for pricing
      3,774 SF

      Mixed-Use Property in Lowell

      Mixed-use property with commercial space and residential unit.
      525 Chelmsford St, Lowell, MA 01851
      View Details
    • $750,000

      Mixed-Use Property in Lowell

      Mixed-use property with commercial space and residential unit.
      525 Chelmsford St, Lowell, MA 01851
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Pisto Plaza

      Highly visible end cap retail space in vibrant Drum Hill.
      1270 Westford St, Lowell, MA 01851
      View Details
    • $1,000 /Mo

      Retail/Office Unit For Rent

      Storefront retail or office unit with private restroom.
      12 Baldwin St, Methuen, MA 01851
      View Details
    • Contact for pricing

      Street Level Commercial Space Available

      Commercial space with high visibility, traffic, and ample parking.
      89 Loring St, Lowell, MA 01851
      View Details
    • Contact for pricing

      Versatile Commercial Space for Rent

      Adaptable commercial space suitable for office, retail, fitness, or medical.
      34 Wellman St, Lowell, MA 01851
      View Details
    • $22 SF/Yr

      Retail Space in High-Traffic Plaza

      Retail space in a vibrant, high-traffic location near Route 3.
      1270 Westford St, Lowell, MA 01851
      View Details
    • $400 /Mo

      Commercial Storage Space Near Route 495

      Flexible storage space near Route 495, ideal for various needs.
      225 Stedman St, Lowell, MA 01851
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    915 Pawtucket St
    Lowell, MA 01851-1254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    915 Pawtucket St, Lowell, MA, 01851
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!