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    140 Summit St Peabody, MA 01960

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    For Lease
    Contact for pricing

    New construction warehouse space with loading docks available for lease.

    Property size:
    82,790 SF
    Lot size:
    28.30 Acres

    Property Features for 140 Summit St

    General Information

    Size
    82,790 SF
    Lot size
    28.30 Acres

    Source: Colliers | Boston Agent Dan Driscoll

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

    Overview

    New Construction Warehouse Space

    This is a new construction warehouse space offering 82,790 square feet. The space is subdividable and features 7 loading docks. The property is suitable for warehouse, industrial, and distribution purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Christianbook Book Store FedEx Drop Box Mailing Service Communication Ink Commercial Printer

    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.

    Similar Places Nearby

    iStorage

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9490227
    Latitude
    42.5210183

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    FAQs

    What type of property is this?
    Warehouse - New construction warehouse space with loading docks available for lease.
    Where is this warehouse located?
    The property is located at 140 Summit St Peabody, MA.
    What are key features of this property?
    This property features: - New Construction; - **82,790 SF Warehouse Space**; - Subdividable Space
    (617) 330-8000
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    140 Summit St Peabody, MA 01960
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    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
    140 Summit St Peabody, MA 01960
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