Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    45 Shawmut Rd Canton, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space for lease in Canton, Massachusetts.

    Type:OFFICE
    Property size:
    11,550 SF
    Lot size:
    2.21 Acres
    Added:
    Jan 30, 2023
    Days on Market:
    1186
    Last Refresh:
    Apr 5 at 9:33 pm

    Property Features for 45 Shawmut Rd

    General Information

    Standard status
    Active
    Size
    11,550 SF
    Lot size
    2.21 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 45 Shawmut Rd Contact us

    We can help!

    Listing Contact
    Stephen Woelfel

    Listing agent Stephen Woelfel

    Listing office Colliers | Boston

    Listing date Jan 30, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Boston

    Overview

    Canton Office Space For Lease

    Available for lease is office space at 45 Shawmut Road in Canton, MA. This three-story office building has 63,299 square feet and features local ownership, abundant parking, and a continuous ribbon window line that provides ample natural light. The property is conveniently located in Shawmut Park, just off I-95/Route 128, and is minutes away from the retail and restaurant amenities, as well as the Amtrak/commuter rail at University Station. The property offers an exterior building signage opportunity with highway visibility and immediate access to the I-95 on ramp. The available space is 11,550 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eileen Mcconnaughy, PHD Physician Dr. Ellen Gillander Physician Revenue Recognition Consultant Andrea Harte, Counselor Physician Leanne Rifenburg Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Pharmacy Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1521
    Latitude
    42.1885

    Nearby Similar for Lease

    • Contact for pricing

      MA, Canton - Turnpike Street

      437 Turnpike St, Canton, MA 02021
      View Details
    • $4,000/Mo

      Turnpike Street Commercial Space For Lease

      Commercial space for lease with high visibility and traffic.
      550 Turnpike #1, Canton, MA 02021
      View Details
    • $4,000/Mo

      Versatile Flex Space in Canton

      3,500 SF commercial flex space in prime location.
      401 Neponset St, Canton, MA 02021
      View Details
    • $2,200/Mo

      Turnpike Street Office Space Available

      First-floor office unit in Canton, MA, ready for occupancy.
      960 Turnpike St, Canton, MA 02021
      View Details
    • $500/Mo

      Downtown Canton Office Suites

      Flexible office suites for lease in downtown Canton.
      655 Washington St, Canton, MA 02021
      View Details
    • $2,500/Mo

      Canton Flex/Industrial/Office Complex

      Office, flex, and industrial spaces available for lease.
      960R Turnpike St, Canton, MA 02021
      View Details
    • $30 SF/Yr

      Turnpike Office Space For Lease

      Office space available for lease, ranging from 1,000 to 14,000 sqft.
      500 Turnpike, Canton, MA 02021
      View Details
    • $20 SF/Yr

      Canton Executive Office Building

      Executive office building in Canton, MA, with excellent accessibility.
      275 Turnpike St, Canton, MA 02021
      View Details
    • $785/Mo

      Professional Corner Office Unit

      Second-floor office space with utilities included in Canton, MA.
      345R Neponset #6-R, Canton, MA 02021
      View Details
    • $12 SF/Yr

      Canton Warehouse with Office Space

      8,200 SF warehouse with office space for lease.
      602-607 Neponset St, Canton, MA
      View Details
    • $4,000/Mo

      Turnpike Street Commercial Space Available

      Flexible commercial space for lease on busy Turnpike Street.
      550 Turnpike, Canton, MA 02021
      View Details
    • $16 SF/Yr

      Canton Warehouse Space Available

      100,000 sq ft warehouse space for lease.
      5 Dan Road, Canton, MA 02021
      View Details

    FAQs

    What type of property is this?
    Office building - Office space for lease in Canton, Massachusetts.
    Where is this office building located?
    The property is located at 45 Shawmut Rd Canton, MA.
    What are key features of this property?
    This property features: Immediate access to I‑95/Route 128; Minutes to retail/restaurant amenities and Amtrak/MBTA commuter rail at University Station; Abundant parking
    (781) 775-2088 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Stephen Woelfel
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!