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    Property profile & analytics

    637 Lowell St Peabody, MA 01960

    • Retail properties
    • 6,541 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Show New England Baseball and Softball Academy / Sports Complex
    • Big Y World Class Market / Grocery Store / Supermarket
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • Western Union / Money Transfer Service
    • MoneyGram / Money Transfer Service

    Property Details for 637 Lowell St

    Property size
    6,541 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    Big Y Plaza offers exceptional retail opportunities in a thriving Essex County location. This multi-tenant commercial inline property boasts a total of 6,541 square feet, with flexible space options available. Units range from a minimum divisible space of 2,608 square feet to a maximum contiguous space of 3,933 square feet. Currently, there is 8,741 square feet of vacant space presenting a unique chance for expansion or new tenancy. The plaza is strategically situated near Route 1 and I-95, ensuring high visibility and accessibility for customers. Its location within the West Peabody neighborhood, serving Peabody, West Peabody, and Lynnfield, guarantees a dense and affluent customer base. As the only shopping center in West Peabody, Big Y Plaza benefits from strong sales volumes and consistent traffic. The convenient tenant mix caters to everyday needs, encouraging repeat visits and robust sales. The property's proximity to recreational areas like the Independence Greenway and Crystal Lake further enhances its community appeal and creates a vibrant neighborhood atmosphere. This is an ideal opportunity for businesses seeking a high-traffic, easily accessible location within a strong, established retail center. The property's design fosters a neighborhood marketplace feel, making it a convenient and attractive destination for shoppers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0014
    Latitude
    42.5496

    Comparable in this City

    • Value Estimation by Request
      14,984 SF

      90 Newbury St

      RETAIL STORES (PERSONAL SERVICES) • 14,984 SF
      90 Newbury St, Peabody, MA 01960-3806
      View Details
    • Value Estimation by Request
      7,000 SF

      104 Newbury St

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      104 Newbury St, Peabody, MA 01960-3806
      View Details
    • Value Estimation by Request
      18,960 SF

      150 Newbury St

      RETAIL STORES (PERSONAL SERVICES) • 18,960 SF
      150 Newbury St, Peabody, MA 01960-3807
      View Details
    • Value Estimation by Request
      9,184 SF

      260 Andover St

      RETAIL STORES (PERSONAL SERVICES) • 9,184 SF
      260 Andover St, Peabody, MA 01960-1502
      View Details
    • Value Estimation by Request
      10,711 SF

      35 Cross St

      RETAIL STORES (PERSONAL SERVICES) • 10,711 SF
      35 Cross St, Peabody, MA 01960-1608
      View Details
    • Value Estimation
      $365,000
      5,700 SF

      44 Margin St

      RETAIL STORES (PERSONAL SERVICES) • 5,700 SF
      44 Margin St, Peabody, MA 01960-1931
      View Details

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    Similar Nearby for Lease

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    637 Lowell 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
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