Property profile

24 Oak St 3 Peabody, MA 01960

OFF-MARKET
Commercial real estate
Property ID
US38-1121671
7,500 SF Built 1979
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1979
Construction FRAME
Total area 7,500 SF
Zoning code IL
APN PEAB M:0095 B:0872
UPID US38-1121671

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
  • General Contractor
  • Industrial Manufacturer Production Facility

Location

24 Oak St, Unit 3 Peabody, MA 01960-5931
Peabody metro Census 210700 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
$1.27M
Blend (final) Blend
$485k

Owner & transaction history

since 2011
1 recorded transaction
2011
$509,000

Zoning & alternative use

IL · Peabody, MA
Zoning description

than the IL zoning district. Businesses can be accessed by auto or by pedestrian. Properties should be well maintained so as to achieve a quality aesthetic and visual cohesiveness within the district. Residential uses ar…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.8M +10.8%
Retail stores $1.7M +2.9%

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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