Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    71 Legion Pkwy Brockton, MA 02301

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Exceptional leasing opportunity with modern amenities and strategic location.

    Property size:
    1,015 SF
    Lot size:
    0.46 Acres

    Property Features for 71 Legion Pkwy

    General Information

    Size
    1,015 SF
    Lot size
    0.46 Acres

    We can help!

    Listing Contact
    Matt Javitch
    Source: Moodyscre

    Listing Agent: Matt Javitch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Commercial Property For Lease

    This commercial property offers an exceptional leasing opportunity, featuring flexible office spaces designed to accommodate the dynamic needs of businesses. The property benefits from a strategic location and modern amenities. Ample parking is available. Tenants can enjoy a seamless and secure working environment with state-of-the-art security features and professional property management. The property provides convenient access to major transportation routes and the MBTA, and is in close proximity to dining and retail options. Customizable floor plans, high-speed internet, and inviting communal areas are available. The property is poised to elevate the workplace experience for tenants and their clients. The property contains 1015 square feet of space.
    Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service Law Office of Lauren ... Law Firm Attorney Edward R. ... Criminal Justice Attorney Brockton Home Health ... Home Health Care Service CBD Thera Vitamin & Supplements Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brockton
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -71.0216011
    Latitude
    42.084337

    Nearby Similar for Lease

    • $1,700 /Mo
      10,232 SF

      Route 123 Commercial Space

      Prime medical/office/retail space with high visibility on Route 123.
      616 Centre St, Brockton, MA 02302
      View Details
    • $1,200 /Mo

      Brockton Office Space For Lease

      450 sq ft office space available for immediate occupancy.
      1350 Belmont St, Brockton, MA 02301
      View Details
    • $3,500 /Mo

      Spacious Church Building in Brockton

      Well-maintained church with sanctuary, offices, fellowship area, and kitchen.
      105 Pleasant St, Brockton, MA 02301
      View Details
    • $650 /Mo

      Commercial Studio Space Available

      Office/artist commercial studio space for rent. Commercial use only.
      33 Dover St, Brockton, MA 02301
      View Details
    • Contact for pricing
      94,605 SF

      Prime Brockton Retail Space

      Massive former Kmart, 94,605 SF
      2001 Main St, Brockton, MA 02301
      View Details
    • Contact for pricing
      126,806 SF

      Westgate Drive Retail Space

      Large Brockton Retail Building Available
      200 Westgate Dr, Brockton, MA 02301
      View Details
    • $2,500 /Mo

      New Retail/Office Space Available

      900 sq ft retail/office space with prime frontage.
      155 Crescent St, Brockton, MA 02302
      View Details
    • $25 SF/Yr
      26,000 SF

      Brockton Retail Center: Prime Location

      High-traffic retail space, two units available.
      165 Westgate Dr, Brockton, MA 02301
      View Details
    • Contact for pricing
      7,210 SF

      Modern Office Space Available

      Modern office space for lease with immediate occupancy.
      55 Christy Dr, Brockton, MA 02301
      View Details
    • Contact for pricing
      7,210 SF

      Brockton Office Space for Lease

      7,210 sq ft, Fully Furnished, Prime Location
      55 Dr, Brockton, MA 02301
      View Details
    • Contact for pricing
      6,584 SF

      Retail Space in Brockton, MA

      Retail space with high visibility and strong demographics.
      21-85 Torrey St, Brockton, MA 02301
      View Details
    • Contact for pricing

      Former Stop & Shop Sublease

      66,459 SF retail space available for sublease.
      932 N Montello St, Brockton, MA 02301
      View Details

    FAQs

    What type of property is this?
    Office space - Exceptional leasing opportunity with modern amenities and strategic location.
    Where is this office space located?
    The property is located at 71 Legion Pkwy Brockton, MA.
    What are key features of this property?
    This property features: - Strategic location with **convenient access to major transportation routes and MBTA**.; - **Flexible office spaces** designed to accommodate dynamic business needs.; - Ample parking for tenants and clients.
    (617) 332-0077
    Request Owner's contact information
    71 Legion Pkwy Brockton, MA 02301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    71 Legion Pkwy
    Brockton, MA 02301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    71 Legion Pkwy Brockton, MA 02301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matt Javitch
    (617) 332-0077
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.