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Property profile

2 Bourbon St LL00 Peabody, MA 01960

FOR LEASE
Office buildings
Property ID
US38-0377031
18,554 SF 0.87 ac lot Built 1978
Last sale Sep 2020 · $1,375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
2 Bourbon St,Unit LL00, Peabody, MA 01960 For Lease 1 / 15
$450/Mo 255 SF available
2 Bourbon St,Unit LL00, Peabody, MA 01960
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$1.35M
Assessed land$641k
Assessed improvement$714k
Effective rate1.88%

Value estimate

· Oct 2026
$1.77M
$1.59M – $1.95M
AI approach$1.72M
Submarket $/SF estimate$1.81M
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 1,579.56% cap applied$7k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$89 – $249
Qualifying comparables13

Cap rate analysis

How does the asset earn?
1,579.56%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BR
District is to provide space for large mixed commercial development that serves a regional market, which customers generally access by ca...
General categoryCOMMERCIAL
JurisdictionPEABODY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.2
Restaurant23.7
Dental Office21.2

Location

2 Bourbon St, Unit LL00 Peabody, MA 01960
County assessor Recorded deeds · 7 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
525 Lowell, Peabody, MA 01960-1375 $225,000 Feb 2025 10,600 SF
5 Lakeland Park, Peabody, MA 01960-3835 $2,500,000 May 2022 20,000 SF
8 Bourbon, Peabody, MA 01960-7481 $2,200,000 Mar 2022 11,968 SF
12 Washington, Peabody, MA 01960-5521 $751,000 Dec 2021 10,789 SF
100 Smt, Peabody, MA 01960-5150 $500,000 Apr 2019 10,348 SF
84 Newbury, Peabody, MA 01960-3864 $2,525,000 Apr 2019 34,058 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $2,515,000
    20,000 SF
    5 Lakeland Park Dr
    OFFICE BUILDING
    5 Lakeland Park Dr, Peabody, MA 01960-3835
    View Details
  • Value Estimation
    $1,140,000
    14,572 SF
    200 Lk St
    OFFICE BUILDING
    200 Lk St, Peabody, MA 01960-4782
    View Details
  • Value Estimation
    $970,000
    14,400 SF
    484 Lowell St
    OFFICE BUILDING
    484 Lowell St, Peabody, MA 01960-7934
    View Details
  • Value Estimation
    $2,645,000
    29,768 SF
    11 Dearborn Rd
    OFFICE BUILDING
    11 Dearborn Rd, Peabody, MA 01960-3823
    View Details
  • Value Estimation
    $955,000
    10,348 SF
    100 Smt St
    OFFICE BUILDING
    100 Smt St, Peabody, MA 01960-5150
    View Details
  • Value Estimation
    $765,000
    9,828 SF
    29 Lowell St
    OFFICE BUILDING
    29 Lowell St, Peabody, MA 01960-5450
    View Details

Similar Nearby for Sale

  • New
    $189,900
    5,214 SF
    6-Room Office Condominium
    Second-floor office suite with flexible private-office layouts, dedicated half bath, central A/C, and shared parking.
    95 Lynn St #5, Peabody, MA 01960
    View Details
  • New
    $189,900
    5,214 SF
    Second-Floor Office Condominium
    6-room, 890 sq. ft. office suite on the second floor with central A/C, private half bath, and flexible office/reception layout.
    5-95 Lynn St, Peabody, MA 01960
    View Details
  • New
    $999,900
    4,083 SF
    Four-Unit Office Condominium
    Private offices, reception areas, conference space, open work areas, and a kitchenette support varied office layouts.
    45 Central St, Peabody, MA 01960
    View Details
  • New
    Contact for pricing
    3,000 SF
    Flex Space With Private Offices
    Open-plan commercial space includes private offices, ADA-compliant restrooms, and a kitchenette.
    150 Main St, Peabody, MA 01960
    View Details
  • New
    Contact for pricing
    2,000 SF
    Office Unit with Two Offices
    Ground-floor space includes utilities and offers access from three directions.
    2 First Ave Unit 109, Peabody, MA 01960
    View Details
  • New
    Contact for pricing
    1,943 SF
    First-Floor Office Unit
    BR1-zoned commercial space with a dedicated fenced area and room for one storage container.
    200 Corporate Pl # 5C, Peabody, MA 01960
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    6,756 sqft
    First-Floor Flex Space
    A 2024 commercial building provides warehouse-oriented space with potential for laboratory, office, and fitness uses.
    200 Corporate Pl 4a, Peabody, MA 01960
    View Details
  • New
    Contact for pricing
    6,756 sqft
    First-Floor Flex Space
    Warehouse-configured commercial space within a professional corporate building with access to major regional routes.
    4a-200 Corporate Pl, Peabody, MA 01960
    View Details
  • New
    $25 SF/Yr
    4,150 sqft
    Office and Retail Space on Route
    Modern suite inside a gym with ample parking and strong Route 1 access for service and professional uses.
    190 Newbury St, Peabody, MA 01960
    View Details
  • New
    $4,000/Mo
    3,000 sqft
    Flex Space with Private Offices
    Open commercial layout with private offices, ADA-compliant restrooms, and a kitchenette.
    150 Main St, Peabody, MA 01960
    View Details
  • New
    $25 SF/Yr
    2,500 sqft
    Built-Out Bank Space
    Street-facing commercial space offers large windows, exterior access, and an existing business-oriented layout.
    68 Main St, Peabody, MA 01960
    View Details
  • New
    $22 SF/Yr
    2,500 sqft
    Peabody Corporate Center Office Space
    First floor office space available October 1, 2026.
    100 Corporate Pl Unit 103, Peabody, MA 01960
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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