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
Assessment
$32,876,200
Appraisal
$32,876,200
Internal ID
100121
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$31,408,500$1,467,700$32,876,200
Assessment
Valuation YearImprovementsLandTotal
2026$31,408,500$1,467,700$32,876,200

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: 167,201
Replacement Cost: $36,372,036
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$31,280,000
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 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseLowell Education C
Total Rooms 
Total Bedrms00
Total Baths0
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 58,667 58,667
FUSUpper Story, Finished 58,667 58,667
SFBBsmt, Fin Above Grade 58,667 49,867
   176,001 167,201

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET167201.00 S.F.$115,0001

Land
Land Use
Use Code927C
DescriptionED UML, MCC NR  
ZoneDMU
NeighborhoodC110
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.31
Frontage0
Depth0
Assessed Value$1,467,700
Appraised Value$1,467,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  20000.00 S.F.$13,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$29,761,800$1,372,000$31,133,800
2024$28,115,200$1,306,100$29,421,300
2023$26,776,300$1,187,300$27,963,600

Assessment
Valuation YearImprovementsLandTotal
2025$29,761,800$1,372,000$31,133,800
2024$28,115,200$1,306,100$29,421,300
2023$26,776,300$1,187,300$27,963,600

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