2 PRINCE AVE
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Location
2 PRINCE AVE
Mblu
184/ 4765/ 2/ /
Parcel ID
P90290
Owner
MARKLEY GROUP LLC
PBN
Assessment
$24,239,200
Appraisal
$24,239,200
Internal ID
47203
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$21,447,900$2,791,300$24,239,200
Assessment
Valuation YearImprovementsLandTotal
2026$21,447,900$2,791,300$24,239,200

Owner of Record
OwnerMARKLEY GROUP LLC
Co-Owner
AddressONE SUMMER ST
BOSTON, MA 02110
Sale Price$3,850,000
Certificate
Book & Page 29147/0049
Sale Date06/15/2015
Instrument1S

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MARKLEY GROUP LLC$3,850,000 29147/00491S06/15/2015
LOWELL FIVE CENT SAVINGS BANK THE$3,550,000 28574/01251L10/27/2014
PRINCE AVENUE ASSOCIATES LLC$1 28574/01221L10/27/2014
PRINCE AVENUE ASSOCIATES LLC$100 11186/02891B11/22/2000
DUTTON ASSOCIATES LTD PARTNERSHIP$4,500,000 09424/02960007/16/1998

Building Information
Building 1 : Section 1
Year Built: 1978
Living Area: 261,780
Replacement Cost: $73,438,284
Building Percent Good: 77
Replacement Cost
Less Depreciation:
$56,547,500
Building Attributes
FieldDescription
Style:Data Center
ModelCommercial
GradeAverage
Stories:3
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructurePrestres Concr
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelElectric
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseIndustrial Bldg
Total Rooms 
Total Bedrms 
Total Baths6
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsLIGHT
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 168,720 168,720
BASFirst Floor 90,060 90,060
AOFOffice, (Average) 3,000 3,000
FEPPorch, Enclosed 196 0
H&AHeating & A/C 4,386 0
   266,362 261,780
Building 2 : Section 1
Year Built: 1978
Living Area: 14,850
Replacement Cost: $4,744,872
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$4,270,400
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Data Center
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Precast Panel
Exterior Wall 2 
Roof StructureSteel Frm/Trus
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2Carpet
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseOffice
Total Rooms2
Total Bedrms00
Total Baths2
1st Floor Use:4000
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsLIGHT
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,850 14,850
   14,850 14,850
Building 3 : Section 1
Year Built: 2017
Living Area: 30,400
Replacement Cost: $9,365,632
Building Percent Good: 93
Replacement Cost
Less Depreciation:
$8,710,000
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Data Center
ModelIndustrial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureSteel Frm/Trus
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2Ceram Clay Til
Heating FuelElectric
Heating TypeHot Air-no Duc
AC TypeCentral
Struct Class 
Bldg UseOffice
Total Rooms4
Total Bedrms 
Total Baths0
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingLIGHT
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsLIGHT
Wall Height19.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 15,200 15,200
FUSUpper Story, Finished 15,200 15,200
   30,400 30,400

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV2FREIGHT ELEVTR2.00 STOP$27,9003
MEZ3W/PARTITIONS3000.00 S.F.$41,6001
SPR1SPRINKLERS-WET15200.00 S.F.$11,3003
SPR3DRY30910.00 S.F.$25,0002
SPR1SPRINKLERS-WET196335.00 S.F.$120,9001
SPR3DRY15200.00 S.F.$12,7003
LFT2LIFT-HEAVY2.00 UNITS$5,1001
MSC1072.5 MW GENERATOR2.00 UNIT$186,0003
OH-AOH DOORS AVG128.00 S.F.$2,0001
SPR3DRY65445.00 S.F.$45,4001

Land
Land Use
Use Code4020
DescriptionOffice  
ZoneLI
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)14.4
Frontage0
Depth0
Assessed Value$2,791,300
Appraised Value$2,791,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  40000.00 S.F.$32,4001
MSC263GENERATOR  2500000.00 UNIT$2,500,0001
MSC263GENERATOR  2500000.00 UNIT$2,500,0001
MSC347STEEL PERIMETER SECURITY FENCE  3500.00 UNIT$350,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$7,534,900$2,609,400$10,144,300
2024$7,566,800$2,484,000$10,050,800
2023$7,508,700$2,258,200$9,766,900

Assessment
Valuation YearImprovementsLandTotal
2025$7,534,900$2,609,400$10,144,300
2024$7,566,800$2,484,000$10,050,800
2023$7,508,700$2,258,200$9,766,900

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