Technical
Financial
Distress signals
Property profile

1 Sylvan St Peabody, MA 01960

OFF-MARKET
Retail space
Property ID
US38-1885875
14,480 SF 0.66 ac lot Built 1950
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail site located at the signalized intersection of Route 114 (Andover Street) and Sylvan Street, providing direct access to major roadway traffic and visibility from both streets. It is configured for tenant occupancy with multiple lease tenancies historically, including a veterinary emergency use operated on a 24/7 basis and an additional dog training use. The premises had tenant and facility investments made by Veterinary Emergency Group (VEG), and the location is positioned near Route 128 (about 0.5 miles away) with access to Downtown Boston (approximately 17 miles south) and Logan International Airport (approximately 19 miles away). Surrounding demographics within approximately a one-mile radius include an estimated population of about 10,225 residents (2024) with a projected increase to about 10,311 by 2029, and median household income estimated at about $81,676 (2024) projected to rise to about $96,096 by 2029; nearby commercial businesses include a mix of healthcare, consumer retail, automotive, fitness, banking, and dining uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction FRAME
Total area 14,480 SF
Lot 0.66 ac (28,741 SF)
Zoning code BR
APN PEAB M:0039 B:0029-C
UPID US38-1885875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store
  • Hair Salon Nail Salon
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Auto Repair Shop Vehicle Inspection Center

Location

1 Sylvan St Peabody, MA 01960-1634
Peabody metro Census 210302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.80M
Blend (final) Blend
$2.41M

Owner & transaction history

since 2025
Last sale
$2.1M
7 recorded transactions
2025
Price N/A
2025
$6.2M
2023
Price N/A
2022
Price N/A
2021
$2.1M
2021
Price N/A
2019
Price N/A

Zoning & alternative use

BR · Peabody, MA
Zoning description

District is to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allow…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $3.5M +7.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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