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    55 Pulaski St Peabody, MA 01960

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    For Sale
    $3,250,000

    Approved 22-unit condominium project near Route 114 in Peabody.

    Property Features for 55 Pulaski St

    General Information

    Standard status
    Active

    Source: Herrick Lutts Realty Partners Agent Herrick Lutts Realty Partners

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Condominium Development Opportunity

    An approved 22-unit condominium project is available at 55 Pulaski Street in Peabody. Each unit is designed to offer approximately 1,000 square feet of living space, featuring 2 bedrooms and 1.5 bathrooms. The plans emphasize open-concept living areas, functional layouts, and well-appointed kitchens. The project prioritizes privacy, comfort, and a calm residential environment while being minutes from shopping centers, restaurants, and public transit. The location provides access to Boston and surrounding North Shore communities. This is a development opportunity to bring a turnkey, well-located project to market in a high-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roadhouse Pub Pub

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.923497
    Latitude
    42.5403905

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    FAQs

    What type of property is this?
    Commercial land - Approved 22-unit condominium project near Route 114 in Peabody.
    Where is this commercial land located?
    The property is located at 55 Pulaski St Peabody, MA.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Approved 22-unit condominium project: **Turnkey development opportunity.**; - Prime location: Just off Route 114, offering easy access to Boston and the North Shore.; - High-demand, growth-oriented area: Excellent investment potential.
    (978) 927-1959
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    55 Pulaski St Peabody, MA 01960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Pulaski St Peabody, MA 01960
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