525 LowellPeabody, MA 01960

  • Office properties
  • 10,600 SF
Off market
$6,211,610 Estimated

Property Details for 525 Lowell

Year built
1965
Construction
FRAME
Lot size
0.62 AC
Property size (Sq ft)
10,600 SF
Zone code
BR
Property type
Office properties
Property subtype
Office buildings
APN
PEAB M:0036 B:0001
APU
PEABM0036B0001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,752,497
    6.5%
    $1,617,689
    7%
    $1,502,140
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,384,996
    Geo Method
    $1,384,996
  • Alternative Use

    Use
    Valuation
    Residential
    $2,005,935
    Hospitality
    $1,837,425
    Educational
    $1,528,716
    Medical
    $1,581,291
    Retail
    $2,378,003
525 Lowell, Peabody, Massachusetts
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Location Insight

City
Peabody
County
Essex
State
Massachusetts
Latitude
42.5454
Longitude
-70.9804
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,470
$527,100
$719,300
$1,246,400
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FAQs

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