450 CHELMSFORD ST
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Location
450 CHELMSFORD ST
Mblu
144/ 1190/ 450/ /
Parcel ID
D12995
Owner
LAA LLC
PBN
Total Market Value
$2,100,500
Appraisal
$2,100,500
Internal ID
46327
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$1,825,600$274,900$2,100,500
Assessment
Valuation YearImprovementsLandTotal
2026$1,825,600$274,900$2,100,500

Owner of Record
OwnerLAA LLC
Co-Owner
Address4 FOUNDRY INDUSTRIAL PARK
LOWELL, MA 01852
Sale Price$1
Certificate
Book & Page 00130/0115
Sale Date05/16/2023
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LAA LLC$1 00130/01151V05/16/2023
TRS LAA REALTY TRUST$830,000 00130/0115UNKQ10/14/1983

Building Information
Building 1 : Section 1
Year Built: 1965
Living Area: 42,138
Replacement Cost: $3,524,637
Building Percent Good: 51
Replacement Cost
Less Depreciation:
$1,797,600
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeBelow Average
Stories:1
Occupancy5.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureSteel Frm/Trus
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOffice
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4020
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 42,138 42,138
CANCanopy 240 0
ULPLoading Platform, Unfinished 438 0
   42,816 42,138

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET42138.00 S.F.$17,2001

Land
Land Use
Use Code4020
DescriptionOffice  
ZoneRR
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.42
Frontage0
Depth0
Total Market Land$274,900
Appraised Value$274,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  18203.00 S.F.$8,2001
SGN1SIGN-1 SD W/M  116.00 S.F.&HGT$2,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,825,600$257,000$2,082,600
2024$1,808,200$244,600$2,052,800
2023$1,772,800$222,400$1,995,200

Assessment
Valuation YearImprovementsLandTotal
2025$1,825,600$257,000$2,082,600
2024$1,808,200$244,600$2,052,800
2023$1,772,800$222,400$1,995,200

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