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Financial
Distress signals
Property profile

9 Centennial Dr Unit 2ND 2nd Peabody, MA 01960

FOR LEASE
Office buildings
Property ID
US38-1484507
73,248 SF 5.13 ac lot Built 1986
Last sale May 2007 · $12,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 9 Centennial Drive in Peabody, Massachusetts, this property includes a 2nd-floor flexible workspace configuration offering a mix of coworking options and private office spaces. The interior is arranged to support adaptable work arrangements for both individual professionals and teams, with access to meeting rooms that are fully equipped for client meetings, collaboration, and team discussions. The space is described as receiving substantial natural light, and it is designed to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$153k
Tax billed · 2024
Assessed value$8.13M
Assessed land$2.58M
Assessed improvement$5.55M
Effective rate1.88%

Value estimate

· Oct 2026
$7.47M
$6.72M – $8.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$89 – $249

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
IP Industrial Park. To provide for a large area where uses requiring the manufacture, assembly, processing or handling of materials can l...
General categoryINDUSTRIAL
JurisdictionPEABODY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Restaurant21.2
Dental Office21.0

Location

9 Centennial Dr Unit 2ND, Unit 2nd Peabody, MA 01960
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1st Newbury, Peabody, MA 01960-4065 $3,500,000 Aug 2024 40,660 SF
5 Lakeland Park, Peabody, MA 01960-3835 $2,500,000 May 2022 20,000 SF
8 Essex Ctr, Peabody, MA 01960-2959 $6,460,000 Sep 2021 68,253 SF
2 Bourbon, Peabody, MA 01960-1384 $1,375,000 Sep 2020 18,554 SF
5 Centennial, Peabody, MA 01960-7906 $2,400,000 Aug 2020 40,698 SF
84 Newbury, Peabody, MA 01960-3864 $2,525,000 Apr 2019 34,058 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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