Property profile

172 Newbury St Peabody, MA 01960

OFF-MARKET
Office buildings
Property ID
US38-1046266
7,440 SF 0.5 ac lot Built 1972
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction FRAME
Total area 7,440 SF
Lot 0.5 ac (21,780 SF)
Zoning code BR1
APN PEAB M:0047 B:0017
UPID US38-1046266

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
  • Medical Clinic
  • Registered General Nurse
  • Registered General Nurse
  • Registered General Nurse
  • Physician

Location

172 Newbury St Peabody, MA 01960-2405
Peabody metro Census 210200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2005
4 recorded transactions
2005
$520,000
1997
Price N/A
1991
Price N/A
1990
$300,000

Zoning & alternative use

BR1 · Peabody, MA
Top alternative use upside
Retail stores $1.7M +20.3%
Commercial (general) $1.6M +16.9%

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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