This exceptional 2,443 square foot Class A office condo, built in 2019, presents a compelling investment opportunity or the perfect space for a business seeking a modern, functional office. Located at 181 S Franklin St, Suite 400, Holbrook, MA, this property boasts a highly desirable location, conveniently situated on Route 37, just south of Holbrook Center. Its proximity to major roadways ensures easy access to Braintree, Randolph, Brockton, Abington, and Weymouth. Furthermore, the property's location is just one mile from the Holbrook/Randolph Commuter Rail Station and directly on the T bus line to Braintree/Quincy, providing excellent public transportation options for employees and clients. The unit itself is situated on the sunny south and west side of the first floor, offering abundant natural light. Features include a full kitchen/breakroom, a large conference room separated by tempered glass walls, ample storage space/file room, separate men's and women's restrooms, and a dedicated mechanical/internet room. High-quality finishes are evident throughout, including upgraded fixtures, cutting-edge lighting, easy-to-maintain LVT flooring, and excellent handicap accessibility. The property includes nine dedicated parking spaces. Currently leased to an insurance agency until May 31, 2025, at a gross annual rent of $60,000, this property offers immediate income potential for investors. This is a truly remarkable opportunity to acquire a turnkey, high-quality commercial space in a prime location. The wide-open floor plan, abundant natural light, and modern amenities make this an ideal space for a variety of businesses.
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181 Franklin St Holbrook, MA 02343
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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181 Franklin St Holbrook, MA 02343
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181 Franklin St, Holbrook, MA
Todd Sandler
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