Technical
Financial
Distress signals
Property profile

7 Lakeland Park Dr Peabody, MA 01960

OFF-MARKET
Manufacturing properties
Property ID
US38-0624434
16,950 SF 2.77 ac lot Built 2000
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2000
Construction FRAME
Total area 16,950 SF
Lot 2.77 ac (120,618 SF)
Zoning code DDD
APN PEAB M:0069 B:0009-B
UPID US38-0624434

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Metal Fabrication Plant Factory

Location

7 Lakeland Park Dr Peabody, MA 01960-3835
Peabody metro Census 210302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.78M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M

Owner & transaction history

since 2019
5 recorded transactions
2019
$2.7M
2014
Price N/A
2003
Price N/A
1999
Price N/A
1999
Price N/A

Zoning & alternative use

DDD · Peabody, MA
Zoning description

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…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $3.7M +32.0%
Office building $3.1M +12.9%

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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