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Property profile & analytics
OFF-MARKET
Retail space
4 Lk St, Peabody, MA 01960-3641
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1587481
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
FRAME
Total area
6,944 SF
Lot
1.85 ac (80,586 SF)
Zoning code
BN
APN
PEAB M:0024 B:0084
UPID
US38-1587481
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
-
Posh Nails & Spa Nail Salon
-
Tanner City Auto School Training Center Vocational School
-
Arklein Insurance Insurance Agency
-
Anthony's Barber Shop
-
Zucker Foods Bakery Specialty Food Shop
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
Ciampa Investments INC · 2 yrs held
Ciampa Investments INC
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
BN · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$25,283
Tax year 2024
Assessed value
$1,342,700
Assessed 2024
Previous assessed
$1,342,700
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$661,500
Assessed improvement
$681,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
7
Total area
6,944 SF
Lot
1.85 ac (80,586 SF)
Zoning code
BN
APN
PEAB M:0024 B:0084
UPID
US38-1587481
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BN · Peabody, MA
Zoning BN · permitted uses
BN · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
7
Lot
1.85 ac
Current owner
From public records · entity-resolved
Ciampa Investments INC
Entity
Free & Clear · 2 yrs held
Mailing address
4 LK ST, PEABODY, MA 01960-3641
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$2,700,000
Ciampa Investments INC
Wz Properties LP
Quit Claim Arm's Length For Ne States
—
Aug 1, 2019
—
Lake Street Holdings INC
—
Deed
related
$1,150,000 · Peoples United Bank
Nov 8, 2012
$1,300,000
Wz Props LP
W&t RT
Grant Deed
$1,040,000 · Peoples Bank
Mar 14, 2002
—
W RT
—
Deed Of Trust
related
$180,000 · William Panousos
Oct 28, 1992
$720,000
W RT
Muntsys RT
Grant Deed
$475,000 · Natl Bk Greece
Mar 13, 1990
—
Muntsys RT
—
Deed Of Trust
related
$95,000 · Danvers Savings Bank
Mar 1, 1989
—
George Mantsourani
—
Deed Of Trust
related
$12,000 · Gary Needham
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.
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