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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Warehouses
40 Endicott St Peabody, MA 01960-3268
Individually Owned
5-yr Hold
Free & Clear
Property ID
US38-0336038
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1888
Construction
FRAME
Total area
24,764 SF
Lot
0.38 ac (16,370 SF)
Zoning code
R1A
APN
PEAB M:0075 B:0004
UPID
US38-0336038
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
-
Safety Seal Industrial Manufacturer Production Facility
-
North Shore Laboratories Storage Facility
-
Village Landscape & Custom Masonry Landscaping General Contractor
-
Nsl Distributing Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$594k
Blend (final)
Blend
$545k
Owner & transaction history
Residences At Endicott · 5 yrs held
Residences At Endicott
since 2020
Last sale
$405,000
6 recorded transactions
Zoning & alternative use
R1A · 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
Method
Estimation
Statistic approach
$520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $405k (Dec 15 2020)
Last sale anchor
$405k
Dec 15 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
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
$8,737
Tax year 2024
Assessed value
$464,000
Assessed 2024
Previous assessed
$464,000
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$316,400
Assessed improvement
$147,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1888
Construction
FRAME
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
24,764 SF
Lot
0.38 ac (16,370 SF)
Zoning code
R1A
APN
PEAB M:0075 B:0004
UPID
US38-0336038
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R1A · Peabody, MA
Zoning R1A · permitted uses
R1A · 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
1888
Construction
FRAME
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Residences At Endicott
Individual
Free & Clear · 5 yrs held
Mailing address
18 MORNINGSIDE DR, TOPSFIELD, MA 01983-2297
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2023
—
Residences LLC
—
Deed
related
$280,000 · Todisco Properties Ll
Dec 15, 2020
—
Residences At Endicott
Todisco Props LLC
Quit Claim Deed
related
—
Aug 14, 2020
$405,000
Todisco Props LLC
Joseph Provencher
Quit Claim Deed
—
Mar 11, 2019
—
Joseph Provencher
Brickhouse Warehouse LLC
Quit Claim Deed
related
—
May 12, 2016
$400,000
Brickhouse Warehouse L
40 Endicott Street LLC
Quit Claim Arm's Length For Ne States
$320,000 · North Shore Bank
Apr 11, 2014
$225,000
40 Endicott Street LLC
Mhm RT
Quit Claim Deed
$157,500 · North Shore 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.
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