Financial
Distress signals
Property profile

97 Salem St Lowell, MA 01854

OFF-MARKET
Retail space
Property ID
US38-1440934
2,854 SF 0.12 ac lot Built 1906
Last sale Oct 1998 · $120,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$8k
Tax billed · 2024
Assessed value$332k
Assessed land$139k
Assessed improvement$192k
Effective rate2.33%

Value estimate

· Sep 2026
$250k
$225k – $275k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$88 – $215
Qualifying comparables5

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 Clinic13.4
Smoke and Vape Shop12.9
Acupuncture11.6

Location

97 Salem St Lowell, MA 01854-3865
County assessor Recorded deeds · 1 transfer 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
408 Suffolk, Lowell, MA 01854-3854 $850,000 Dec 2024 5,326 SF
451 Broadway, Lowell, MA 01854-4103 $335,000 Jul 2023 1,740 SF
32 Franklin, Lowell, MA 01854-4144 $34,000 Aug 2022 1,500 SF
1301 Pawtucket, Lowell, MA 01854-1801 $950,000 Oct 2021 5,648 SF
2 Ellis, Lowell, MA 01854 $80,000 Nov 2020 1,440 SF
198 University, Lowell, MA 01854-2425 $320,000 Oct 2019 2,610 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 97 Salem St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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