$16 SF/Yr 2,237 SF available

39 Cross St,Unit 103, Peabody, MA 01960
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This exceptional 2,490-square-foot medical office suite, located in Suite 109 at 39 Cross Street in Peabody, Massachusetts, presents a fantastic opportunity for medical professionals. Situated on the first floor for convenient access, this space boasts four exam rooms, a doctor's office, a reception area, a patient restroom, a coffee station, and a storage room. The building offers elevator access and is fully handicap accessible. Reserved garage parking for one or two cars is included, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$41k

Tax billed · 2024

Assessed value$2.20M

Assessed land$1.02M

Assessed improvement$1.17M

Effective rate1.88%

Value estimate

· Oct 2026

$2.37M

$2.13M – $2.61M

Submarket $/SF estimate$2.83M

NOI build-up

Gross scheduled income$75k

Vacancy & credit loss−$6k

Operating expenses−$28k

NOI · 257,906.25% cap applied$41k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?

257,906.25%

$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

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 agency29.8

Wholesale Shop22.7

Building Supply20.4

39 Cross St, Unit 103 Peabody, MA 01960

County assessor Recorded deeds · 2 transfers 4 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

Address Sale price Sold Size

1st Newbury, Peabody, MA 01960-4065 $3,500,000 Aug 2024 40,660 SF

5 Lakeland Park, Peabody, MA 01960-3835 $2,500,000 May 2022 20,000 SF

8 Essex Ctr, Peabody, MA 01960-2959 $6,460,000 Sep 2021 68,253 SF

2 Bourbon, Peabody, MA 01960-1384 $1,375,000 Sep 2020 18,554 SF

5 Centennial, Peabody, MA 01960-7906 $2,400,000 Aug 2020 40,698 SF

84 Newbury, Peabody, MA 01960-3864 $2,525,000 Apr 2019 34,058 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

Value Estimation
$3,105,000

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3 Centennial Dr

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Value Estimation
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Value Estimation
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1st Newbury St

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1st Newbury St, Peabody, MA 01960-4065

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Value Estimation
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View Details
Value Estimation
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View Details
Value Estimation
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73,248 SF

9 Centennial Dr

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9 Centennial Dr, Peabody, MA 01960-7939

View Details

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39 Cross St 103 Peabody, MA 01960

Property summary