1 MERRIMACK PLZ
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Location
1 MERRIMACK PLZ
Mblu
158/ 4055/ 1/ /
Parcel ID
L90784
Owner
MAKOR MERRIMACK LLC
PBN
Assessment
$45,000,000
Appraisal
$45,000,000
Internal ID
35671
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$41,880,000$3,120,000$45,000,000
Assessment
Valuation YearImprovementsLandTotal
2026$41,880,000$3,120,000$45,000,000

Owner of Record
OwnerMAKOR MERRIMACK LLC
Co-Owner
Address160 GOULD ST SUITE 123
NEEDHAM, MA 02494
Sale Price$42,000,000
Certificate
Book & Page 38050/0262
Sale Date09/01/2023
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MAKOR MERRIMACK LLC$42,000,000 38050/02621V09/01/2023
MACK CANAL LLC$0 38050/02561L09/01/2023
MACK CANAL LLC$3,275,000 30903/02121F02/10/2017
MACK CANAL LLC$3,275,000 30235/02541V07/15/2016
LOWELL FIVE CENT SAVINGS BANK THE$3,500,000 18726/00971G05/11/2005

Building Information
Building 1 : Section 1
Year Built: 2016
Living Area: 215,884
Replacement Cost: $56,308,945
Building Percent Good: 92
Replacement Cost
Less Depreciation:
$51,804,200
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeExcellent
Stories:5
Occupancy156.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Pre-finsh Metl
Roof StructureSteel Frm/Trus
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms438
Total Baths230
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 174,728 174,728
BASFirst Floor 41,156 41,156
FCPCarport 4,702 0
   220,586 215,884

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET166939.00 S.F.$122,9001
ELV1PSSNGR ELEVTR10.00 STOP$184,0001
MSC257FITNESS CENTER4300.00 UNIT$316,5001
SOL1SOLAR PANELS443.00 UNIT$01

Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
ZoneDMU
NeighborhoodC110
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.55
Frontage0
Depth0
Assessed Value$3,120,000
Appraised Value$3,120,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  45000.00 S.F.$40,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$49,005,400$3,120,000$52,125,400
2024$41,842,900$3,120,000$44,962,900
2023$40,196,600$3,120,000$43,316,600

Assessment
Valuation YearImprovementsLandTotal
2025$49,005,400$3,120,000$52,125,400
2024$41,842,900$3,120,000$44,962,900
2023$40,196,600$3,120,000$43,316,600

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