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    Property profile & analytics

    5 Central St Peabody, MA 01960-4337

    • Investment properties
    • 12,320 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    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.

    Current Use by Public Records

    • The NexMex Thing / Mexican Restaurant

    Property Details for 5 Central St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    12,320 SF
    Zone code
    BC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PEAB M:0085 B:0022
    APU
    PEABM0085B0022

    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
    -70.9269
    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

    • Value Estimation by Request
      0.33 Acres

      12 Caller St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.33 Acres
      12 Caller St, Peabody, MA 01960-5896
      View Details
    • Value Estimation by Request
      3,328 SF

      379 Lowell St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,328 SF
      379 Lowell St, Peabody, MA 01960-2720
      View Details
    • Value Estimation by Request
      0.27 Acres

      5 Andover St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.27 Acres
      5 Andover St, Peabody, MA 01960-3108
      View Details
    • Value Estimation
      $1,840,000
      0.23 Acres

      51 Lowell St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.23 Acres
      51 Lowell St, Peabody, MA 01960-6185
      View Details
    • Value Estimation
      $480,000
      2,100 SF

      174 Lynn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,100 SF
      174 Lynn St, Peabody, MA 01960-6417
      View Details
    • Value Estimation by Request
      12,856 SF

      106 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,856 SF
      106 Main St, Peabody, MA 01960-8326
      View Details

    Similar Nearby for Sale

    • $3,750,000
      6,840 SF

      Mixed-Use Property in Downtown Peabody

      Mixed-use property with commercial and residential units in prime location.
      46-48 Walnut St, Peabody, MA 01960
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    • $150,000
      0.05 Acres

      Established Dry Cleaning Business in Peabody

      Profitable Dry Cleaner, Prime Location, Retiring Owner
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    • $569,999

      Land with Development Potential

      Land with zoning for educational, religious, and daycare facilities.
      4 Wheatland St, Peabody, MA 01960
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    • $3,395,000
      84,266 SF

      Functional Industrial Facility with Redevelopment

      Industrial facility with permits for 132-unit mixed-use redevelopment.
      39 Wallis St, Peabody, MA 01960
      View Details
    • $1,500,000

      Restaurant and Parking Lot Package

      Two properties: restaurant and parking lot with development potential.
      48-49A Lowell St, Peabody, MA 01960
      View Details
    • Contact for pricing

      Land Parcel Overlooking Route 128

      Rare 4-acre land parcel in Centennial Park, Peabody, MA.
      51 Jubilee Dr, Peabody, MA 01960
      View Details

    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.
      4 Technology Dr, Peabody, MA 01960
      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
      View Details
    • $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
      View Details
    • Contact for pricing
      6,541 SF

      Big Y Plaza Retail Space Available

      Prime Retail Space, High Traffic Location
      637 Lowell St, Peabody, MA 01960
      View Details

    Property Visit Statistics

    • Visits by month
      15.4k
    • Visitors by month
      9.3k
    • Avg Time on site
      7 min
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    5 Central St
    Peabody, MA 01960-4337
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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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