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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Office buildings
5 Centennial Dr, Peabody, MA 01960-7906
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0444469
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
FRAME
Total area
40,698 SF
Lot
2.85 ac (124,190 SF)
Zoning code
IP
APN
PEAB M:0091 B:0002
UPID
US38-0444469
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
-
iDataCollect (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.64M
Blend (final)
Blend
$3.36M
Owner & transaction history
5 Centennial LLC · 5 yrs held
5 Centennial LLC
since 2020
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
IP · 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
$3,085,000
ML approach
$3,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $2.40M (Aug 27 2020)
Last sale anchor
$2.40M
Aug 27 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
$83 / 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
$65,461
Tax year 2024
Assessed value
$3,476,400
Assessed 2024
Previous assessed
$3,476,400
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$1,488,500
Assessed improvement
$1,987,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
5
Units
1
Total area
40,698 SF
Lot
2.85 ac (124,190 SF)
Zoning code
IP
APN
PEAB M:0091 B:0002
UPID
US38-0444469
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
IP · Peabody, MA
Zoning IP · permitted uses
IP · 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
1990
Construction
FRAME
Heating
FORCED AIR
Stories
5
Buildings
1
Units
1
Lot
2.85 ac
Current owner
From public records · entity-resolved
5 Centennial LLC
Entity
Mailing address
175 ANDOVER ST, DANVERS, MA 01923-5311
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
$2,400,000
5 Centennial LLC
1 Pleasure Island T
Quit Claim Arm's Length For Ne States
$1,800,000 · Institution For Savings Newburyport
Jul 23, 2013
—
Pleasure Island T 1
—
Deed Of Trust
related
$1,000,000 · Boston Private Bank
May 29, 2012
—
Pleasure Island T One
—
Deed Of Trust
related
$1 · Gary Needham
Feb 24, 2004
—
Pleasure Island T One
—
Deed Of Trust
related
$3,311,000 · Gary Needham
Jun 23, 1999
—
Pleasure Island T One
—
Deed Of Trust
related
$747,570 · Gary Needham
Sep 20, 1993
$16,500,003
3 Centennial Drive Tr
Centennial Four R T
Grant Deed
related
$1,000,000 · Neworld Bank Svgs
Jun 30, 1989
$5,153,000
Leo Peters
Centennial Pond RT
Grant Deed
$4,200,000 · Zuckerman Family Nomi
Apr 21, 1989
—
Pk Assoc Lt Centennial
—
Deed Of Trust
related
$860,000 · Zuckerman Family Nomi
Dec 11, 1987
—
Centennial Pk Ltd Ptnr
—
Deed Of Trust
related
$7,149,000 · Bank Of New England
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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