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

    634 Winthrop St Taunton, MA 02780

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    2.3 acres zoned Business Highway with development potential.

    Lot size:
    1.38 Acres

    Property Features for 634 Winthrop St

    General Information

    Lot size
    1.38 Acres

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Kelly Lewis
    Kelly Lewis
    Source: Elliman

    Listing Agent: Kelly Lewis

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

    Learn more

    Property Insight Report

    Overview

    2.3 Acres Development Opportunity

    This 2.3-acre property presents a development opportunity. Zoned Business Highway, it currently houses a mechanic business with a 3,250-square-foot garage, measuring 50 feet wide and 65 feet long. Potential uses include condo development, a commercial restaurant, office space, retail, or a mixed-use storage facility or garage development. The property has city water and a private sewer system. Gas, water, and sewer connections are available at the end of the driveway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John's Auto & Truck ... Auto Repair Shop Crystal Rose Guns ... Gun Shop Dora Drive Taunton, ... Condominium Complex

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Department Store Kitchen & Bath Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Taunton
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1688837
    Latitude
    41.8779195

    Nearby Similar for Sale

    • $749,000
      2,822 SF

      Taunton Two-Family Home with Updates

      Charming two-family with historic character and modern updates.
      132 Winthrop St, Taunton, MA 02780
      View Details
    • $724,999
      2,205 SF

      Immaculate Taunton Multifamily Home

      Updated two-family home with spacious yard and oversized garage.
      37 Winter St, Taunton, MA 02780
      View Details
    • $550,000
      2,112 SF

      Taunton Multifamily Investment Opportunity

      Two-unit property near Taunton/Raynham line, generating $58,000 yearly income.
      43 Avon St, Taunton, MA 02780
      View Details
    • $745,000
      3,338 SF

      Updated Taunton Three-Family Home

      Updated three-family home in Taunton, ideal for investors/owner-occupants.
      54 Adams St, Taunton, MA 02780
      View Details
    • $675,000
      2,074 SF

      Taunton Three-Family Home with Garage

      Three-family home with yard, garage, and separate utilities.
      26 Kilmer Ave, Taunton, MA 02780
      View Details
    • New
      $900,000
      4,650 SF

      Downtown Taunton Mixed-Use Opportunity

      Versatile mixed-use building with commercial space and residential units.
      15 School St, Taunton, MA 02780
      View Details
    • $1,100,000

      Taunton Multifamily Turnkey Investment Opportunity

      Turnkey multifamily property in downtown Taunton, fully renovated in 2023.
      6 W Summer St, Taunton, MA 02780
      View Details
    • $799,999

      Charming Multifamily Residence on Double Lot

      Unique 4-unit multifamily property with income potential in Taunton, MA.
      48 Oak St, Taunton, MA 02780
      View Details
    • $590,000

      Two-Family Home with Modern Updates

      Two-family home blending charm with modern updates in desirable location.
      2 Bassett St, Taunton, MA 02780
      View Details
    • $829,900

      Taunton Multifamily Residence For Sale

      Multifamily residence in Bristol County with ample living space.
      137 Tremont St, Taunton, MA 02780
      View Details
    • $799,900

      Well-Maintained Four-Family Investment Property

      Four units with separate utilities near hospital and major routes.
      9 Bradford St, Taunton, MA 02780
      View Details
    • $365,000
      1,462 SF

      Riverbend Loft-Style Condo with Balcony

      Top-level condo with high ceilings, renovated kitchen, and private balcony.
      96 Old Colony Ave, Taunton, MA 02718
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.3 acres zoned Business Highway with development potential.
    Where is this commercial land located?
    The property is located at 634 Winthrop St Taunton, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 2.3 Acres Zoned Business Highway: Ideal for diverse development opportunities.; - Existing 3,250 SqFt Garage: Suitable for immediate use or redevelopment.; - Potential for Various Uses: Condo, restaurant, office, retail, mixed-use, storage/garage.
    (508) 823-6184
    Request Owner's contact information
    634 Winthrop St Taunton, MA 02780
    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.
    634 Winthrop St
    Taunton, MA 02780
    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
    634 Winthrop St Taunton, MA 02780
    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
    Kelly Lewis
    Kelly Lewis
    Real Estate License ID: 453500109
    (508) 823-6184
    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.