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    Property profile & analytics

    5 Andover St Peabody, MA 01960-3108

    • Investment properties
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1077109
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • In the Cut Barber Shop / Barber Shop / Hair Salon
    • Luxury Nail Spa / Beauty Salon / Nail Salon

    Property Details for 5 Andover St

    Lot size
    0.27 lot acres
    Zone code
    BN
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PEAB M:0064 B:0017-X
    APU
    PEABM0064B0017X

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9292
    Latitude
    42.535
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $284,000
    $598,500
    $882,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,000,000
      10,420 SF

      168 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,420 SF
      168 Washington St, Peabody, MA 01960-5475
      View Details
    • Value Estimation by Request
      0.27 Acres

      99 Central St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.27 Acres
      99 Central St, Peabody, MA 01960-4315
      View Details
    • Value Estimation by Request
      1,755 SF

      25 Farm Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,755 SF
      25 Farm Ave, Peabody, MA 01960-3901
      View Details
    • Value Estimation by Request
      6,122 SF

      88 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,122 SF
      88 Main St, Peabody, MA 01960-8340
      View Details
    • Value Estimation by Request
      1.60 Acres

      63 Abington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1.60 Acres
      63 Abington Ave, Peabody, MA 01960-1841
      View Details
    • Value Estimation
      $900,000
      7,947 SF

      10 Chestnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,947 SF
      10 Chestnut St, Peabody, MA 01960-5463
      View Details

    Similar Nearby for Sale

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      Established Dry Cleaning Business in Peabody

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      Peabody Commercial Property Investment

      High-yield, two-unit leased building.
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      16 Bourbon St, Peabody, MA 01960

      Commercial real estate
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      900 SF office condo with exam rooms and office.
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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Peabody Office Space For Rent

      Office space with flexible floor plans and ample parking.
      5 Centennial Dr, Peabody, MA 01960
      View Details
    • Contact for pricing
      7,530 SF

      First Class Office/R&D Space

      Office or R&D space in premier corporate park.
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      View Details
    • Contact for pricing
      12,615 SF

      Former Walgreens Retail Space Available

      Up to 12,615 SF retail space with drive-thru.
      229 Andover St, Peabody, MA 01960
      View Details
    • $14 SF/Yr
      9,750 SF

      Renovated Mill Building with Flexible Space

      Three-story mill building with modern renovated space and flexible lease terms.
      119R Foster St, Peabody, MA 01960
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    • $5,500 /Mo
      12,000 SF

      Renovated Brick Building with Loading

      Renovated office space with flexible lease terms and highway access.
      119 Rear Foster St, Peabody, MA 01960
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    • $6 SF/Yr
      8,155 SF

      Peabody Office Space for Lease

      Flexible Office Solutions in Peabody, MA
      9 Centennial Dr, Peabody, MA 01960
      View Details

    Property Visit Statistics

    • Visits by month
      4.9k
    • Visitors by month
      2.7k
    • Avg Time on site
      25 min
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    5 Andover St
    Peabody, MA 01960-3108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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