5 Essex Green DrPeabody, MA 01960

Property Details for 5 Essex Green Dr

Year built

1988

Property size (Sq ft)

1,500 SF

Zone code

BR

Property type

Office properties

APN

PEAB M:0062 B:0620-A

APU

PEABM0062B0620A

Description

This immaculate, charming Federalist-style office condominium in Peabody, Massachusetts, offers 1,201 square feet of updated space ready for immediate occupancy. The unit features a welcoming reception area, a spacious conference room with a custom window, three private offices with windows, and an open area suitable for cubicles or expansion. A convenient kitchen with a sink and refrigerator is also included. Located at 5 Essex Green Dr, 01960, this property benefits from being part of the professionally managed and beautifully landscaped Essex Green complex, which provides ample on-site parking. Its strategic location at the intersection of Route 128 and Route 114 ensures easy access to Logan International Airport. The property also enjoys the convenience of on-site UPS and FedEx pickup. Nearby amenities include the Peabody Post Office, Rockland Bank, Shaw's Supermarket, Barnes & Noble, a coffee bistro, Macy's, and Legal Seafoods. The asking price is $265,000, translating to $220.65 per square foot. This exceptional property presents a unique opportunity for medical professionals seeking a well-appointed and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $247,995

  6.5%

  $228,918

  7%

  $212,567

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,990

  Geo Method

  $195,990

• Alternative Use

  Use

  Valuation

  Residential

  $283,859

  Hospitality

  $260,013

  Educational

  $216,328

  Medical

  $223,768

  Retail

  $336,510

Location Insight

City

Peabody

County

Essex

State

Massachusetts

Latitude

42.537

Longitude

-70.9507

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].