Property profile

229 Newbury St Peabody, MA 01960

OFF-MARKET
Truck terminals
Property ID
US38-0598315
22,832 SF 3.5 ac lot Built 1955
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1955
Construction FRAME
Total area 22,832 SF
Lot 3.5 ac (152,460 SF)
Zoning code BR1
APN PEAB M:0026 B:0077
UPID US38-0598315

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
  • Moving Company Storage Facility

Location

229 Newbury St Peabody, MA 01960-1315
Peabody metro Census 210301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.23M

Owner & transaction history

since 2024
Last sale
$3.2M
3 recorded transactions
2024
Price N/A
2024
$3.2M
2022
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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