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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Industrial properties
56 Pulaski St 10 Peabody, MA 01960-1888
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-1850086
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1986
Construction
FRAME
Total area
9,016 SF
Zoning code
IL
APN
PEAB M:0053 B:0508
UPID
US38-1850086
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
-
O'Keefe Plumbing & Heating Plumbing Service General Contractor
-
Cushman & Marden Professional Services
-
Thriftco Printing Marketing & Advertising Printing Service
-
Summit Distributors Inc. Summit Whidden Industrial Supplies Factory Industrial Manufacturer
-
Pinpoint Laser Systems Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$1.73M
Owner & transaction history
Rhubarb Realty LLC · 5 yrs held
Rhubarb Realty LLC
since 2020
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
IL · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.9M
+95.3%
Auto repair, garage
$2.2M
+46.3%
Retail stores
$2.0M
+35.8%
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
$1,865,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,475,000
7%
$1,370,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,475,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,885,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,160,000
Change: +46% · Conversion: Easy
RETAIL STORES
$2,005,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,950,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,665,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,270,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±10% · vs last sale $1.45M (Dec 29 2020)
Last sale anchor
$1.45M
Dec 29 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
$192 / 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
$22,208
Tax year 2024
Assessed value
$1,179,400
Assessed 2024
Previous assessed
$1,179,400
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed improvement
$1,179,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Total area
9,016 SF
Zoning code
IL
APN
PEAB M:0053 B:0508
UPID
US38-1850086
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
IL · Peabody, MA
Zoning IL · permitted uses
IL · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
Rhubarb Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
56 PULASKI STJ, PEABODY, MA 01960-1888
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
$1,450,000
Rhubarb Realty LLC
Pulaski Realty LLC
Condominium Deed
—
Jun 17, 1993
—
R T Dmw
—
Deed Of Trust
related
$132,000 · Danvers Savings Bank
Dec 10, 1991
—
Dmw RT
—
Deed Of Trust
related
$148,000 · Danvers Savings Bank
Jun 23, 1988
$195,000
Dmw RT
T & I RT
Grant Deed
$195,000 · Bank Of Ne Essex
Aug 19, 1987
$632,805
RT Castner
T&i RT
Grant Deed
$506,244 · Danvers Savings Bank
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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