Property profile

1st Newbury St Peabody, MA 01960

OFF-MARKET
Office buildings
Property ID
US38-1672728
40,660 SF 1.71 ac lot Built 1974
Trust Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction FRAME
Total area 40,660 SF
Lot 1.71 ac (74,488 SF)
Zoning code BR1
APN PEAB M:0088 B:0008-C
UPID US38-1672728

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1st Newbury St Peabody, MA 01960-4065
Peabody metro Census 210302 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
$3.63M
Blend (final) Blend
$3.36M

Owner & transaction history

since 2015
Last sale
$3.5M
4 recorded transactions
2015
Price N/A
2015
$1.7M
2015
Price N/A
1969
Price N/A

Zoning & alternative use

BR1 · Peabody, MA

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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