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    Technology Dr Peabody, MA 01960

    For Lease
    Contact for pricing

    Proposed 66,000 SF R&D/industrial building in Centennial Park.

    Property size:
    66,000 SF
    Lot size:
    6.22 Acres

    Property Features for Technology Dr

    General Information

    Size
    66,000 SF
    Lot size
    6.22 Acres

    Source: Combined Properties, Inc. Agent Greg Regazzini

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

    Overview

    Proposed R&D/Industrial Building

    A proposed 66,000 square foot R&D/industrial building is planned for Centennial Park, a business park located at the junction of I-95 and Route 128. The location is approximately 17 miles from Logan International Airport and Boston. The surrounding area offers shopping, dining, lodging, and recreational amenities. The area is home to technology, R&D, medical, logistics and office users. The property is intended for use as a corporate headquarters.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    Vincent Bianco Custom Catering, Plum Tomatoes Catering Kitchen

    Map

    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9634958
    Latitude
    42.5196109

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    FAQs

    What type of property is this?
    Flex space - Proposed 66,000 SF R&D/industrial building in Centennial Park.
    Where is this flex space located?
    The property is located at Technology Dr Peabody, MA.
    What are key features of this property?
    This property features: - Proposed **66,000 SF R&D/industrial building**.; - **Premier location** in Centennial Park at the junction of I-95 and Route 128.; - Only 17 miles to Logan International Airport and Boston.
    (781) 321-7800
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    Technology Dr 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
    Technology Dr Peabody, MA 01960
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