Single-Story Mixed-Use
New
For Sale
$3,500,000
1 Foxhill Dr, Walpole, MA 02081
Commercial Sale, Walpole, MA
Property Size16,920 SF
Lot Size2.30 Acres
Price / SF$206.86
Days on Market4
Property Features for 1 Foxhill Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HBD
Zoning description
Legal Conforming
Directions
Route 1 to Foxhill Dr, property to the left
Standard status
Active
APN
M:0053 B:0035 L:0000,252542
Size
16,920 SF
Lot size
2.30 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
collision/body shop
Property Use
Manufacturing, Office, Warehouse, Automotive Collision Repair
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
30063
Building Details
Year built
1965
Listing Agency:
RE/MAX Distinct Advantage · RE/MAX International
Listed By:
Alexander Jowdy
(781) 326-9200
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 6 at 8:06AM
MLS# 73597977
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 16,920-square-foot, single-story commercial property on 2.3 acres combines manufacturing, office, and warehouse occupancy with an automotive collision repair operation. Built in 1965, the building has received substantial improvements, including refinishing infrastructure, updated building systems, and renovated work and office areas. On-site parking serves the property, and the zoning designation is HBD.
Municipal approvals cover collision repair and mechanical automotive uses. An expansion is also permitted subject to applicable conditions. The automotive operator may leave the premises or discuss a leaseback with a purchaser, providing options for future occupancy. The property is located in Walpole, Massachusetts.
Municipal approvals cover collision repair and mechanical automotive uses. An expansion is also permitted subject to applicable conditions. The automotive operator may leave the premises or discuss a leaseback with a purchaser, providing options for future occupancy. The property is located in Walpole, Massachusetts.
Key Highlights
- 16,920‑square‑foot building on 2.3 acres
- HBD zoning with municipal approvals for collision repair and mechanical uses
- Automotive refinishing infrastructure, upgraded building systems, and renovated office and work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$287,940
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,758,800
$5.8M
Cap Rate 7%
$4,113,429
$4.1M
Cap Rate 9%
$3,199,333
$3.2M
Market Conditions
NOI Build-Up for 16,920 SF
Gross rent
$422.3K $24.96/SF
− Vacancy
−$11.0K −$0.65/SF
EGI
$411.3K $24.31/SF
− OpEx
−$123.4K −$7.29/SF
NOI
$287.9K $17.02/SF
Area
Norfolk County, MA
Vacancy
2.60%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,758,800
Cap Rate 7%
$4,113,429
Cap Rate 9%
$3,199,333
Alternative Uses
Best Use
Retail
$4.11M
$3.60M – $4.80M
NOI $287,940 @ 7.0% cap · market cap 8.23%
Second Best
Warehouse
$3.12M
$2.73M – $3.64M
NOI $218,543 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$10.02M
$8.76M – $11.69M
NOI $701,160 @ 7.0% cap · market cap 20.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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Business Placement
Demographics for 02081, MA
20,584
Population
7,663
Households
2.7
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
17.7 sq mi
ZIP Area
1,163
Density / Sq Mi
$150,233
Median Household Income
$75,808
Median Earnings
$1,980
Median Rent
$647,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Manufacturing, office, warehouse, and automotive repair uses occupy a property with HBD zoning.
Where is this mixed-use property located?
The property is located at 1 Foxhill Dr Walpole, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 16,920‑square‑foot building on 2.3 acres; HBD zoning with municipal approvals for collision repair and mechanical uses; Automotive refinishing infrastructure, upgraded building systems, and renovated office and work areas
