5 Central St Peabody, MA 01960-4337
Property profile & analytics
5 Central St, Peabody, MA 01960-4337
- Investment properties
- 12,320 SF
- 0.21 lot acres
Property ID
US38-2203711
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.
Location Intelligence
Current Use by Public Records
- The NexMex Thing / Restaurant
Property Details for 5 Central St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.21 lot acres
- Zone code
- BC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- PEAB M:0085 B:0022
- APU
- PEABM0085B0022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 19, 2016 | — | Rosenfelt Building LLC | — | Deed · related | $400k · Marblehead Savings Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,160,000
- 6.5%
- $3,840,000
- 7%
- $3,565,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,700,000
- AI Estimate
- $2,118,000
Market price range: $1.69M - $3.51MMarket price range: $656k - $3.51M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,665,000 Current use
- RESTAURANT
- $4,250,000 Change: +60% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,940,000 Change: +48% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,950,000 Change: +11% Conversion: Difficult
- RETAIL STORES
- $2,740,000 Change: +3% Conversion: Easy
- OFFICE BUILDING
- $2,275,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Peabody
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9269
- Latitude
- 42.5273
- 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
$270,000
$1,628,000
$1,898,000
-
$0.00
$0.00
$0.00
Comparable in this City
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month15.4k
-
Visitors by month9.3k
-
Avg Time on site7 min