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Financial
Distress signals
Property profile

15 Newbury St Peabody, MA 01960

FOR LEASE
Turn key restaurants
Property ID
US38-1897549
9,655 SF 1.59 ac lot Built 1974
Last sale Jul 2003 · $2,917,857
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,755-square-foot retail space, located at 15 Newbury Street in Peabody, Massachusetts, presents a unique opportunity for a single-tenant business. Situated on a generous 1.6-acre lot, the property boasts ample parking with 94 spaces, ensuring convenient access for customers and employees. The building is zoned BR-1, offering flexibility for a variety of retail or restaurant uses. The entire space is currently vacant, providing a blank canvas for a new tenant to customize to…

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?
$41k
Tax billed · 2024
Assessed value$2.16M
Assessed land$1.27M
Assessed improvement$885k
Effective rate1.88%

Value estimate

· Oct 2026
$955k
$860k – $1.05M
AI approach$610k
Submarket $/SF estimate$1.30M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$175 – $532
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR1
JurisdictionPEABODY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.8
Wholesale Shop18.0
Dental Office17.3

Location

15 Newbury St Peabody, MA 01960
County assessor Recorded deeds · 4 transfers 3 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
672 Lowell, Peabody, MA 01960-3600 $365,000 May 2025 8,000 SF
4 Bourbon, Peabody, MA 01960-1338 $750,000 Apr 2025 7,158 SF
235 Andover, Peabody, MA 01960-1520 $1,675,000 Jun 2024 13,619 SF
4 Lk, Peabody, MA 01960-3641 $2,700,000 Mar 2024 6,944 SF
10 Lowell, Peabody, MA 01960-5465 $450,000 Jan 2023 8,677 SF
277 Newbury, Peabody, MA 01960-1557 $4,000,000 May 2022 12,780 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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