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Property profile & analytics
OFF-MARKET Estimated value $900,000
Parking lots & garages

55 Foster St Peabody, MA 01960-5505

1,056 SF 0.28 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Property ID
US38-0661671
Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1978
Construction FRAME
Total area 1,056 SF
Lot 0.28 ac (12,149 SF)
Zoning code BC
APN PEAB M:0085 B:0176
UPID US38-0661671
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
METRO MLLR INC
METRO MLLR INC
Zoning & alternative use
BC · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3.2.6 BC Central Business. To provide for a mix of commercial, office and residential uses in close proximity to each other and to allow a mix of uses within the same structure. Predominant uses are smaller retail, service and office buildings. This district should be more pedestrian-oriented so that residents can walk to local retail and service businesses.…

Zone name Central Business
General category COMMERCIAL
Zone area 70.54 ac
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