Property summary
The property is a 3.93-acre site in Centennial Park in Peabody, Massachusetts, with direct exposure to a highway off-ramp and proximity to Boston Children’s Hospital Peabody North. The park setting supports a range of uses, including life science, research and development, laboratory, medical and professional offices, logistics, and manufacturing, and the site is suitable for development into flex, industrial, medical office, and general office space. Two concept building options are described: one is a 53,248-square-foot two-story flex building with 20-foot clear height per floor, eight loading docks, full air conditioning, 2,000 amps of power, and an elevator rated for 3,500 pounds, with 75 parking spaces (about 1.4 spaces per 1,000 square feet); the second is a newly constructed 50,000-square-foot professional office/medical building arranged over five stories, with parking proposed at a ratio of 5 spaces per 1,000 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Physician
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Medical Clinic
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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