120 Stedman StLowell, MA 01851

For Sale
  • Manufacturing properties
  • 128,850 SF

Property Details for 120 Stedman St

Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
5.97 AC
Property size (Sq ft)
128,850 SF
Zone code
LI
Property type
Manufacturing properties
APN
LOWE M:62 B:5520 L:120
APU
LOWEM62B5520L120

Description

This exceptional Class A flex/industrial property, located at 120 Stedman Street in Lowell, Massachusetts, offers 128,678 square feet of versatile space on a 5.97-acre lot. The single-story building boasts a remarkable ceiling height ranging from 15 to 32 feet, providing ample room for various industrial and flex uses. The property features seven dock-high doors, along with six tailboard and one drive-in loading options, ensuring efficient loading and unloading. Ample parking is available with 142 spaces. The building is fully air-conditioned and equipped with substantial power: 3,000 amps, 480V, and 3-phase wire. Its strategic location offers easy access to major transportation arteries, being just 1.4 miles from Route 3 and 2 miles from I-495. The property is zoned LI, providing flexibility for a range of industrial and commercial applications. This is a rare opportunity to acquire a high-quality, well-located industrial property in a thriving market. The property's size, features, and location make it an ideal choice for businesses seeking a modern and efficient workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $24,383,460
    Hospitality
    $22,335,118
    Educational
    $18,582,556
    Medical
    $19,221,638
    Retail
    $28,906,198
120 Stedman St, Lowell, Massachusetts

Location Insight

City
Lowell
County
Middlesex
State
Massachusetts
Latitude
42.6258
Longitude
-71.3493
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
$201,078
$1,030,500
$7,610,600
$8,641,100
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