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Property profile & analytics
OFF-MARKET
Turn key restaurants
22 Central St, Peabody, MA 01960-4341
Individually Owned
11-yr Hold
Free & Clear
Property ID
US38-1177742
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Construction
FRAME
Total area
522 SF
Lot
0.01 ac (579 SF)
Zoning code
BC
APN
PEAB M:0085 B:0233-A
UPID
US38-1177742
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lucky House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Yanzhu Yu · 11 yrs held
Yanzhu Yu
since 2015
7 recorded transactions
Zoning & alternative use
BC · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,821
Tax year 2024
Assessed value
$149,800
Assessed 2024
Previous assessed
$149,800
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$114,000
Assessed improvement
$35,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
522 SF
Lot
0.01 ac (579 SF)
Zoning code
BC
APN
PEAB M:0085 B:0233-A
UPID
US38-1177742
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BC · Peabody, MA
Zoning BC · permitted uses
BC · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Yanzhu Yu
Individual
Free & Clear · 11 yrs held
Mailing address
22 CENTRAL ST, PEABODY, MA 01960-4341
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2015
$75,000
Yanzhu Yu
Apex Mortgage Corp
Quit Claim Deed
—
Apr 16, 2015
$70,000
Apex Mortgage Corp
Apex Mortgage Corp|asj 28 INC
Foreclosure
related
—
Apr 16, 2010
—
Asj 28 INC
—
Deed Of Trust
related
$99,000 · Appex Financial Group INC
Mar 6, 2009
—
Asj 28 INC
—
Deed Of Trust
related
$75,000 · Appex Financial Group INC
Jan 16, 2008
$128,800
Asj 28 INC
22 Central LLC
Grant Deed
—
Jul 27, 2006
$1
22 Central LLC
Balletto,camille
Grant Deed
—
Sep 30, 2005
$1
Steven Balletto
22 Central LLC
Grant Deed
related
—
Oct 9, 2003
$105,000
22 Central LLC
Demarco,mary I
Grant Deed
—
Nov 26, 2002
$130,000
Mary Demarco
Pina,henry B
Grant Deed
$92,820 · Equity One INC
Nov 26, 2002
—
Mary Demarco
—
Deed Of Trust
related
$20,000 · Zenon Grzybowski
Jul 16, 1999
$70,000
Henry B Pina
Kalogeriou,patricia
Grant Deed
$88,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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