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Property profile

41 Newbury St Peabody, MA 01960

OFF-MARKET
Commercial land
Property ID
US38-1077501
1.01 ac lot
Last sale Oct 2021 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial parking lot situated on Route One North with access to Route One South and I-95, supporting inbound and outbound operations. It consists of an approximately 40,000 sq ft gravel lot configured for vehicle and equipment parking, with suitability for storing larger vehicles such as buses, RVs, boats, and trucks. The site is maintained in usable condition and is configured to support storage-related uses, including bus storage or overflow parking for an auto dealership, subject to applicable approvals.

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?
$16k
Tax billed · 2024
Assessed value$875k
Assessed land$875k
Effective rate1.88%

Value estimate

· Oct 2026
$1.00M
$900k – $1.10M
AI approach$1.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$216/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$137 – $285

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR1
JurisdictionPEABODY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.2
Realty agency20.2
Building Supply16.8

Location

41 Newbury St Peabody, MA 01960-3820
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
249 Newbury, Peabody, MA 01960 $15,000,000 Nov 2023 No data
143 Lynnfield, Peabody, MA 01960-5180 $650,000 Jun 2023 No data
Hardy, Peabody, MA 01960 $100,000 May 2022 No data
207 Newbury, Peabody, MA 01960 $340,000 Apr 2022 No data
146th Newbury, Peabody, MA 01960-3807 $550,000 Jan 2021 No data
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
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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