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Financial
Distress signals
Property profile

3 Essex Grn Dr Peabody, MA 01960

OFF-MARKET
Other office properties
Property ID
US38-0961340
878 SF Built 1986
Last sale Nov 2017 · $1,250,000
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is an office condominium within a managed office condo park, featuring an available first-floor suite of approximately 1,800 square feet. The suite is fully built out and includes refreshed interior finishes such as new paint and carpet, new HVAC units, updated lighting, and large operable windows, along with a coffee station with a sink. The layout is designed to support office use or medical-related uses. The surrounding condo park includes landscaped grounds and ample on-site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$157k
Assessed improvement$157k
Effective rate1.88%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$89 – $249
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR
District is to provide space for large mixed commercial development that serves a regional market, which customers generally access by ca...
General categoryCOMMERCIAL
JurisdictionPEABODY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.7
Building Supply17.0
Wholesale Shop14.8

Location

3 Essex Grn Dr Peabody, MA 01960-2927
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Essex Grn Dr, Peabody, MA 01960-2920 $145,000 Jan 2025 1,488 SF
5 Essex Grn Dr, Peabody, MA 01960-2914 $250,000 Nov 2024 1,201 SF
95 Lynn St, Peabody, MA 01960-5705 $215,000 Dec 2022 890 SF
2 Ml, Peabody, MA 01960-5666 $500,000 Apr 2022 1,680 SF
205 Andover, Peabody, MA 01960-1603 $875,000 Oct 2021 1,300 SF
1 Essex Grn Dr, Peabody, MA 01960-2912 $227,500 Jul 2020 1,345 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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