Property profile

87 Lynnfield St Peabody, MA 01960

OFF-MARKET
Retail space
Property ID
US38-1022066
3,000 SF 0.37 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction FRAME
Total area 3,000 SF
Lot 0.37 ac (16,217 SF)
Zoning code BN
APN PEAB M:0101 B:0029-A
UPID US38-1022066

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Landscaping General Contractor

Location

87 Lynnfield St Peabody, MA 01960-5232
Peabody metro Census 210500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
$760k
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

BN · Peabody, MA
Zoning description

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 th…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $720,000 +7.7%

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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