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    Property profile & analytics

    199 Andover St Peabody, MA 01960-1630

    • Assisted living facilities
    • 51,500 SF
    • 6.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0486467
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CareOne at Peabody / Nursing Home
    • Etsec / Software Company

    Property Details for 199 Andover St

    Year built
    1990
    Construction
    FRAME
    Lot size
    6.14 lot acres
    Property size
    51,500 SF
    Zone code
    BR
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    PEAB M:0039 B:0040
    APU
    PEABM0039B0040

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9407
    Latitude
    42.5447
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $135,625
    $2,222,700
    $4,979,900
    $7,202,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      77,932 SF

      15 King St

      HOSPITAL - PRIVATE • 77,932 SF
      15 King St, Peabody, MA 01960-4379
      View Details
    • Value Estimation by Request
      47,976 SF

      1 Orthopedics Dr

      MEDICAL BUILDING • 47,976 SF
      1 Orthopedics Dr, Peabody, MA 01960-1668
      View Details
    • Value Estimation
      $1,060,000
      1,300 SF

      205 Andover St

      MEDICAL BUILDING • 1,300 SF
      205 Andover St, Peabody, MA 01960-1603
      View Details
    • Value Estimation
      $295,000
      2,050 SF

      355 Lowell St

      MEDICAL BUILDING • 2,050 SF
      355 Lowell St, Peabody, MA 01960-4000
      View Details
    • Value Estimation by Request
      13,544 SF

      1 Roosevelt Ave

      MEDICAL BUILDING • 13,544 SF
      1 Roosevelt Ave, Peabody, MA 01960-2200
      View Details
    • Value Estimation by Request
      0.05 Acres

      Confidential

      Investment properties • 0.05 Acres
      Confidential, Peabody, MA 01960
      View Details

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      Mixed-use property with commercial and residential units in prime location.
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    Similar Nearby for Lease

    • $6 SF/Yr
      8,155 SF

      Peabody Office Space for Lease

      Flexible Office Solutions in Peabody, MA
      9 Centennial Dr, Peabody, MA 01960
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    • $25 SF/Yr
      20,000 SF

      Newbury Street Retail Space

      Peabody, MA retail/office opportunity
      130 Newbury St, Peabody, MA 01960
      View Details
    • Contact for pricing
      25,215 SF

      Peabody Office, Medical, Flex Space

      Amenitized office, medical, and flex building in Peabody, Massachusetts.
      10 Centennial Dr, Peabody, MA 01960
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    • $26 SF/Yr

      Peabody Commercial Space For Rent

      Spacious commercial property with high visibility and highway access.
      1R Newbury St, Peabody, MA 01960
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    • Contact for pricing
      3,000 SF

      Peabody Office Space For Rent

      Office space with flexible floor plans and ample parking.
      5 Centennial Dr, Peabody, MA 01960
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    • Contact for pricing
      12,615 SF

      Former Walgreens Retail Space Available

      Up to 12,615 SF retail space with drive-thru.
      229 Andover St, Peabody, MA 01960
      View Details

    Property Visit Statistics

    • Visits by month
      25.2k
    • Visitors by month
      13.4k
    • Avg Time on site
      11 min
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    199 Andover St
    Peabody, MA 01960-1630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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