300 MARTIN LUTHER KING JR WAY
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Location
300 MARTIN LUTHER KING JR WAY
Mblu
157/ 3943/ 300/ /
Parcel ID
210451
Owner
UNIVERSITY OF MASS BUILDING AUTHORITY
PBN
Total Market Value
$31,231,600
Appraisal
$31,231,600
Internal ID
100121
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2027$29,691,300$1,540,300$31,231,600
Assessment
Valuation YearImprovementsLandTotal
2027$29,691,300$1,540,300$31,231,600

Owner of Record
OwnerUNIVERSITY OF MASS BUILDING AUTHORITY
Co-Owner
Address225 FRANKLIN ST 12TH FL
BOSTON, MA 02110
Sale Price$800,000
Certificate
Book & Page 23740/0001
Sale Date02/05/2010
Instrument1E

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
UNIVERSITY OF MASS BUILDING AUTHORITY$800,000 23740/00011E02/05/2010
CITY OF LOWELL$1 11729/01491E06/05/2001
CITY OF LOWELL$1 08785/02511G09/18/1997

Building Information
Building 1 : Section 1
Year Built: 1997
Living Area: 154,330
Replacement Cost: $34,031,926
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$29,267,500
Building Attributes
FieldDescription
Style:Auditorium
ModelIndustrial
GradeExcellent
Stories:2
Occupancy1.00
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverEnam Mtl Shing
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseLowell Education C
Total Rooms 
Total Bedrms00
Total Baths16
1st Floor Use:903I
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height0.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 94,270 94,270
FUSUpper Story, Finished 60,060 60,060
   154,330 154,330

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET167201.00 S.F.$230,1001
ELV1PSSNGR ELEVTR3.00 STOP$77,4001
ELV2FREIGHT ELEVTR2.00 STOP$43,0001
GENGENERATOR1.00 UNITS$6,0001

Land
Land Use
Use Code927C
DescriptionED UML, MCC NR  
ZoneDMU
NeighborhoodC110
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.31
Frontage0
Depth0
Total Market Land$1,540,300
Appraised Value$1,540,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  20000.00 S.F.$45,0001
PAT1PATIO-AVG  5500.00 S.F.$22,0001
MSC287OH DOORS  108.00 UNIT$3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$31,408,500$1,467,700$32,876,200
2025$29,761,800$1,372,000$31,133,800
2024$28,115,200$1,306,100$29,421,300

Assessment
Valuation YearImprovementsLandTotal
2026$31,408,500$1,467,700$32,876,200
2025$29,761,800$1,372,000$31,133,800
2024$28,115,200$1,306,100$29,421,300

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