NE Provenance

5 Lakeland Park Dr

Peabody, MA 01960

Commercial
Owner
JRM...
Owner Type
LLC
Tenure
4 yrs
Assessed
$2,261,500
Built
1988
Sq Ft
20,000
Lot
1.62 ac
Bed/Bath
—
Type
Commercial
Elevated Risks16ConditionC2Fire GradeBPermits9Last PermitApr 2025FloodX

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5 Lakeland Park Dr, Peabody, MA 01960— Property Report

Building& Property Details

5 Lakeland Park Dr is a Bank / Financial commercial built in 1988 located in Peabody, Essex County, MA. The building has 20,000 square feet of building area on a 1.62-acre lot.

Flood Zone & Natural Hazard Assessment

5 Lakeland Park Dr is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 5 Lakeland Park Dr at Grade B (Strong fire protection access). The nearest fire station, PEABODY FIRE DEPARTMENT, is 1.1 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 9 building permits on file for 5 Lakeland Park Dr. The most recent permit was filed April 11, 2025. In the past five years, 2 permits have been issued. The current municipal assessment is $2,261,500, with $1,124,400 attributed to land and $1,137,100 to improvements. The property last sold on May 17, 2022 for $2,500,000. The deed history includes 3 recorded conveyances.

Environmental & Land Use

5 Lakeland Park Dr is classified as a waterfront property.

PeabodyNeighborhood & Community

5 Lakeland Park Dr is located in Peabody, Essex County, MA. The property is zoned DDD (Designated Development District). The median home value in this census tract is $596,300. Median household income is $108,356. The owner-occupancy rate in the surrounding area is 46%. The property is served by the Peabody school district.

Full Property Intelligence Report

The complete NE Provenance report for 5 Lakeland Park Dr, Peabody, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.