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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
80 Walnut St Peabody, MA 01960-5630
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0064863
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
FRAME
Total area
5,208 SF
Lot
0.06 ac (2,609 SF)
Zoning code
BC
APN
PEAB M:0086 B:0045
UPID
US38-0064863
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
-
Restaurante Brasileiro Restaurant
-
Peabody Pet Clinic Veterinary Clinic
-
Caribe Restaurant Restaurant
-
Peabody Tipico Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$655k
Owner & transaction history
Pleasant Revere Realty · 12 yrs held
Pleasant Revere Realty
since 2014
7 recorded transactions
Zoning & alternative use
BC · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$965,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$126 / 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
$7,391
Tax year 2024
Assessed value
$392,500
Assessed 2024
Previous assessed
$392,500
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$238,100
Assessed improvement
$154,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Total area
5,208 SF
Lot
0.06 ac (2,609 SF)
Zoning code
BC
APN
PEAB M:0086 B:0045
UPID
US38-0064863
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BC · Peabody, MA
Zoning BC · permitted uses
BC · 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
OFFICE BUILDING
Est. value
$965,000
OFFICE BUILDING
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
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Pleasant Revere Realty
Entity
Mailing address
10 PLEASANT ST, REVERE, MA 02151-5019
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2014
$277,000
Pleasant Revere Realty
E&s 3 LLC
Quit Claim Deed
—
Dec 22, 2009
—
E&s 3 LLC
—
Deed Of Trust
related
$300,000 · Enterprise Bank & Trust
Mar 21, 2007
$305,000
E&s 3 LLC
Aquino,belkis
Grant Deed
$244,000 · Gary Needham
Oct 2, 2006
$310,000
Belkis Aquino
Foster Condo LLC
Grant Deed
$300,000 · Zuckerman Family Nomi
Jul 30, 2004
$168,900
Robert Nako
Foster Condo LLC
Grant Deed
$126,000 · Union Trust Mortgage Corp
Jul 30, 2004
—
Robert Nako
—
Deed Of Trust
related
$25,000 · Chase Manhattan Bank
Jul 16, 2004
$232,900
Stephen J Angelo
Foster Condo LLC
Grant Deed
$186,300 · Abn Amro Mortgage Group INC
Jun 22, 2004
$235,000
Steven C Beard
Foster Condo LLC
Grant Deed
$223,250 · Citimortgage INC
Jun 22, 2004
—
Laurie Mitchell
—
Deed Of Trust
related
$45,000 · Ohio Savings Bank
Jun 18, 2004
$185,000
Jonathan R Bettger
Foster Condo LLC
Grant Deed
$179,400 · Gary Needham
Jun 17, 2004
$161,900
Barbara C Jaworski
Foster Condo LLC
Grant Deed
$129,500 · Union Trust Mortgage Corp
Jun 17, 2004
—
Barbara C Jaworski
—
Deed Of Trust
related
$24,200 · Union Trust Mortgage Corp
Aug 25, 2003
—
Foster Condo LLC
—
Deed Of Trust
related
$100,000 · Stoneham Savings Bank
Feb 5, 1999
—
Walnut Harris Rlty
—
Deed Of Trust
related
$175,000 · Gary Needham
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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