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Property profile & analytics
OFF-MARKET
Office buildings
15 Chestnut St, Peabody, MA 01960-5429
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-0220203
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1870
Construction
FRAME
Total area
4,014 SF
Lot
0.13 ac (5,519 SF)
Zoning code
R2
APN
PEAB M:0085 B:0220
UPID
US38-0220203
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
BeeKind Holistic Therapy Spa & Massage Center
-
Skin Essentials By Pamela Spa & Massage Center
-
Ann Sousa Physician
-
EverLasting Look Medical Clinic Skin Care Clinic
-
Back On Track Chiropractic Peabody Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
15 Chestnut Street RT · 17 yrs held
15 Chestnut Street RT
since 2009
5 recorded transactions
Zoning & alternative use
R2 · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,843
Tax year 2024
Assessed value
$363,400
Assessed 2024
Previous assessed
$363,400
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$252,600
Assessed improvement
$110,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1870
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Total area
4,014 SF
Lot
0.13 ac (5,519 SF)
Zoning code
R2
APN
PEAB M:0085 B:0220
UPID
US38-0220203
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Peabody, MA
Zoning R2 · permitted uses
R2 · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1870
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
15 Chestnut Street RT
Individual
Mailing address
15 CHESTNUT ST, PEABODY, MA 01960-5429
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2009
$250,000
15 Chestnut Street RT
Peabody Muni FCU
Deed
$200,000 · Td Bank NA
Oct 1, 1998
$262,500
Peabody Municipal FCU
Chestnut Street Realty
Grant Deed
related
—
Jun 10, 1998
—
Richard D Forrest
—
Deed Of Trust
related
$111,658 · Norman R Wright
Apr 29, 1998
—
N Dartmouth Rl Peabody
—
Deed Of Trust
related
$1,000,000 · Boston Private Bank
Oct 17, 1994
—
Richard D Forrest
—
Deed Of Trust
related
$9,000 · Norman Wright
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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