Entity Owned Property summary
AI-generated overview
The property is approximately 2,000 sq. ft. of light industrial/warehouse space with an office included, identified as Unit 2J. It is located on the second floor of a multi-tenanted commercial building at 15 Walnut St, just off Peabody Sq. The building provides a large freight elevator and two drive-in doors for access. Restrooms are available on both floors and are shared among tenants. On-site parking is available for approximately one to two vehicles during normal business hours. The unit is configured so that heat is included as part of the operating setup, while electricity is a shared utility contribution with no separate metering for utilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
FRAME
Total area
51,320 SF
Lot
0.65 ac (28,314 SF)
Zoning code
BC
APN
PEAB M:0085 B:0051
UPID
US38-0901324
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
-
Clothing Store Costume Store
-
Interior Design Home Decor Store
-
Gym & Fitness Center
-
Furniture & Home Goods Home Decor Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$1.01M
Owner & transaction history
since 2006
1 recorded transaction
Zoning & alternative use
BC · Peabody, MA
Zoning description
3.2.6 BC Central Business. To provide for a mix of commercial, office and residential uses in close proximity to each other and to allow a mix of uses within the same structure. Predominant uses are smaller retail, servi…
General category
COMMERCIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.01M
Value range
$905k – $1.11M
±10% around blend
Estimated value / SF
$20 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
40
$905k
blend $1.01M
$1.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
51,320 SF
Lot area
0.65 ac
Year built
1900
Stories
2
APN
PEAB M:0085 B:0051
Zoning
BC
Assessed value
$1,641,400
Annual tax
$30,908
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.54M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.8 mi away · 50,042 SF
21.3 mi away · 49,600 SF
22.6 mi away · 64,151 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 211 sales
$164
-88%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $20/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.64M
Move the market yield to see immediate price impact.
Value / SF
$32
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$103k
$2.07M
$1.48M
$1.15M
$115k
$2.30M
$1.64M
$1.28M
$126k
$2.53M
$1.81M
$1.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$6.00M
11.5 mi · Jan 2026 · $116/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,908
Tax year 2024
Assessed value
$1,641,400
Assessed 2024
Previous assessed
$1,641,400
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$459,800
Assessed improvement
$1,181,600
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Total area
51,320 SF
Lot
0.65 ac (28,314 SF)
Zoning code
BC
APN
PEAB M:0085 B:0051
UPID
US38-0901324
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BC · Peabody, MAZoning BC · permitted uses
BC · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
3.2.6 BC Central Business. To provide for a mix of commercial, office and residential uses in close proximity to each other and to allow a mix of uses within the same structure. Predominant uses are smaller retail, servi…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Lot
0.65 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BC
COMMERCIAL
Jurisdiction
Peabody, MA
Recorded code
BC
Official district
BC
Official district profile
What the municipal code says about BC
Zoning description
3.2.6 BC Central Business. To provide for a mix of commercial, office and residential uses in close proximity to each other and to allow a mix of uses within the same structure. Predominant uses are smaller retail, servi…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BC in Peabody, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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