600 Lowell St Peabody, MA 01960
BN Neighborhood Convenience Business. To provide for uses including small retail and service establishments serving the needs of adjacent neighborhoods and oriented to pedestrian traffic. Uses which would detract from this small-scale business character are not allowed. 3.2.8 BN2 Neighborhood Convenience Business. To provide for uses including small retail a…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BN · Peabody, MABN Neighborhood Convenience Business. To provide for uses including small retail and service establishments serving the needs of adjacent neighborhoods and oriented to pedestrian traffic. Uses which would detract from this small-scale business character are not allowed. 3.2.8 BN2 Neighborhood Convenience Business. To provide for uses including small retail and service establishments serving the needs of adjacent neighborhoods and oriented to pedestrian traffic. To allow a restaurant to serve alcoholic beverages from a service bar only by Special Permit. Uses which would detract from this small-scale business character are not allowed. 3.2.9 IL Light Industry. To provide for areas that allow uses requiring the manufacture, assembly, processing or handling of materials which because of their traffic, noise, appearance, odor, or hazards would be disruptive to residential and other business uses. Residential uses or uses which would otherwise interfere are not allowed. Outdoor storage and use is allowed. (Amended 3-28-2013) 3.2.10 IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can locate, along with related office facilities. 3.2.11 DDD Designated Development District. To provide for professional uses like office, research and development, and light manufacturing as well as support services like hotels, restaurants, retail shopping and recreational facilities. Development should facilitate creative and integrated physical designs which are compatible with the natural environment and which promote the overall improvement of the urban environment for the welfare of the city. Outdoor storage and use is allowed. (Amended 3-28-2013) 3.2.12 GB General Business. To provide for office, retail, service and small-scale production where noise and truck traffic impacts are minimal. This district shall allow for less intensive uses than the IL zoning district. Businesses can be accessed by auto or by pedestrian. Properties should be well maintained so as to achieve a quality aesthetic and visual cohesiveness within the district. Residential uses are not allowed. 3.2.13 GBD General Business Downtown. To provide for office, retail, service and small-scale production businesses where noise and truck traffic impacts are minimal. Businesses should be primarily accessed by pedestrian, and properties should maintain a quality aesthetic and a consistency with the historic downtown setting wherever possible. Residential uses are not allowed. 3.2.14 BR1 Regional Business 1. 3.2.15.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.