Entity Owned 
For Lease
$14 SF/Yr
300 Jubilee Dr,Unit Peabody, Peabody, MA 01960
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Property summary
AI-generated overview
The property at 300 Jubilee Drive in Peabody, Massachusetts consists of an approximately 51,795-square-foot industrial/flex warehouse space configured for hybrid use. It features a dual clear-height arrangement, with 30-foot clear heights for high-bay warehousing and distribution areas and 16-foot clear heights for supporting flex, production, technical, and ancillary functions. The layout is designed to support combined workflows that integrate storage and adjacent operational space within the same footprint, which can accommodate uses such as distribution, light manufacturing, R&D, assembly, product staging, and service-oriented operations, including configurations that pair warehousing with office-industrial or technical/support space.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Construction
STEEL FRAME
Total area
163,138 SF
Lot
11.44 ac (498,283 SF)
Zoning code
DDD
APN
PEAB M:0090 B:0009
UPID
US38-0199174
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
-
Corporate Office
-
Employment Agency
-
Employment Agency
-
Employment Agency
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.70M
Comparable Approach
Comparable
$34.40M
Blend (final)
Blend
$36.85M
Owner & transaction history
since 2021
Last sale
$43.2M
7 recorded transactions
Zoning & alternative use
DDD · Peabody, MA
Zoning description
DDD Designated Development District. To provide for professional uses like office, research and development, and light manufacturing as well as support services like hotels, restaurants, retail shopping and recreational…
General category
INDUSTRIAL
Top alternative use upside
Restaurant
$56.3M
+110.8%
Apartment house (5+ units)
$52.2M
+95.3%
Auto repair, garage
$39.1M
+46.3%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$36.85M
Value range
$33.17M – $40.54M
±10% around blend
Estimated value / SF
$226 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$33.17M
blend $36.85M
$40.54M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
163,138 SF
Lot area
11.44 ac
Year built
1995
Stories
2
APN
PEAB M:0090 B:0009
Zoning
DDD
Assessed value
$18,292,500
Annual tax
$344,448
3
Income approach: direct capitalization
Partial preview
Income approach indication
$26.70M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$28.92M
@ 6.5% CAP return
$26.70M
@ 7% CAP return
$24.79M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$344,448
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$34.40M
Range $16.39M – $41.36M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$36.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 211 sales
$164
+38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $226/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+111%
vs current-use indication
Apartment House (5+ Units)
Auto Repair, Garage
Retail Stores
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
3.20%
Selected cap rate for this manufacturing properties
Derived from the Peabody market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.20%
9.0%
NOI (est.)
$551k *
Last sale · Dec 2021
$43.16M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$17.22M
Move the market yield to see immediate price impact.
Value / SF
$106
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.70%3.20%3.70%
$496k
$18.36M
$15.50M
$13.40M
$551k
$20.41M
$17.22M
$14.89M
$606k
$22.45M
$18.94M
$16.38M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$344,448
Tax year 2024
Assessed value
$18,292,500
Assessed 2024
Previous assessed
$18,292,500
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$5,610,700
Assessed improvement
$12,681,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
163,138 SF
Lot
11.44 ac (498,283 SF)
Zoning code
DDD
APN
PEAB M:0090 B:0009
UPID
US38-0199174
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
DDD · Peabody, MAZoning DDD · permitted uses
DDD · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
DDD Designated Development District. To provide for professional uses like office, research and development, and light manufacturing as well as support services like hotels, restaurants, retail shopping and recreational…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
11.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
DDD
INDUSTRIAL
Jurisdiction
Peabody, MA
Recorded code
DDD
Official district
DDD
Official district profile
What the municipal code says about DDD
Zoning description
DDD Designated Development District. To provide for professional uses like office, research and development, and light manufacturing as well as support services like hotels, restaurants, retail shopping and recreational…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DDD in Peabody, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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