Property summary
A professional office suite located on the second floor includes over 27 private offices, a large kitchen, four sets of bathrooms, a dedicated separately air-conditioned computer room, and multiple large conference rooms. The suite has a substantial window line providing natural light. Parking is provided at approximately 3.3 spaces per 1,000 square feet, and the property has two dedicated loading docks. The location is within Centennial Park at the junction of Route 128 and I-95, approximately 17 miles from Boston and Logan International Airport, and includes a campus-like setting with on-site hotels and in-park food options, with nearby retail, dining, recreational amenities, and service and health-care providers.
Property profile
VerifiedCap rate & NOI
Current use
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HVAC Service General Contractor
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Insurance Agency
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Employment Agency
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IP · Peabody, MAIP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IP in Peabody, MA.
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