Property profile

3 Centennial Dr Peabody, MA 01960

OFF-MARKET
Office buildings
Property ID
US38-1227764
39,560 SF 1.64 ac lot Built 1990
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction FRAME
Total area 39,560 SF
Lot 1.64 ac (71,656 SF)
Zoning code IP
APN PEAB M:0090 B:0027-A
UPID US38-1227764

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
  • Physician Medical Clinic
  • Financial Advisor
  • Professional Services
  • Nursing Home Retirement Community
  • General Contractor

Location

3 Centennial Dr Peabody, MA 01960-7931
Peabody metro Census 210402 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
$4.27M
Blend (final) Blend
$3.11M

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2016
Price N/A

Zoning & alternative use

IP · Peabody, MA
Zoning description

IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development Dist…

General category INDUSTRIAL

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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