Technical
Financial
Distress signals
Property profile

61 Prospect St Peabody, MA 01960

OFF-MARKET
Banks
Property ID
US38-1879852
34,224 SF 1.94 ac lot Built 2001
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2001
Construction FRAME
Total area 34,224 SF
Lot 1.94 ac (84,506 SF)
Zoning code BR
APN PEAB M:0051 B:0006
UPID US38-1879852

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

61 Prospect St Peabody, MA 01960
Peabody metro Census 210302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.53M

Owner & transaction history

Zoning & alternative use

BR · Peabody, MA
Zoning description

District is to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allow…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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