Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
355 Lowell St Peabody, MA 01960-4000
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-0962631
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
FRAME
Total area
2,050 SF
Lot
0.21 ac (9,047 SF)
Zoning code
R1B
APN
PEAB M:0061 B:0151
UPID
US38-0962631
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Josephine Pandolfo , DMD Medical Clinic
-
Classic Smiles By Design Dental Office
-
Dr. Spiro Saati Dmd Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jospiro Nt · 20 yrs held
Jospiro Nt
since 2005
2 recorded transactions
Zoning & alternative use
R1B · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ays. Driveway entrances in all districts excluding R-1, R-1A, R-1B and R-2 zoning districts shall be a minimum of 12 feet in width for one-way traffic and 20 feet wide for two-way traffic. Driveway entrances in R1, R1A, R1B, and R2 zoning districts shall be a minimum of 12 feet in width with minimum paved area for off-street parking as required in Section 9.…
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
1,216.60 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,165
Tax year 2024
Assessed value
$327,400
Assessed 2024
Previous assessed
$327,400
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$270,300
Assessed improvement
$57,100
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,050 SF
Lot
0.21 ac (9,047 SF)
Zoning code
R1B
APN
PEAB M:0061 B:0151
UPID
US38-0962631
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R1B · Peabody, MAZoning R1B · permitted uses
R1B · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ays. Driveway entrances in all districts excluding R-1, R-1A, R-1B and R-2 zoning districts shall be a minimum of 12 feet in width for one-way traffic and 20 feet wide for two-way traffic. Driveway entrances in R1, R1A, R1B, and R2 zoning districts shall be a minimum of 12 feet in width with minimum paved area for off-street parking as required in Section 9. A permit from the building inspector shall be required for driveways and curbcuts.
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
1,216.60 ac
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Jospiro Nt
Individual
Mailing address
355 LOWELL ST, PEABODY, MA 01960-4000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2005
—
Jospiro Nt
—
Deed Of Trust
related
$180,000 · Danvers Savings Bank
Aug 3, 1987
—
Jospiro Nominee Trust
—
Deed Of Trust
related
$62,000 · Danvers Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 355 Lowell St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
