Add Listing
    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

    401 Neponset St Canton, MA 02021

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,100 /Mo ($14 SF/Yr)

    3,500 SF commercial flex space in prime location.

    Property size:
    3,493 SF
    Lot size:
    3,493 SF

    Property Features for 401 Neponset St

    General Information

    Standard status
    Active
    Size
    3,493 SF

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Eric Hanlon
    Source: Corcoran

    Listing Agency: William Raveis R.E. & Home Services Listing Agent: Eric Hanlon

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

    Learn more

    Overview

    Versatile Flex Space in Canton

    This 3,500 square foot commercial flex space is located on Neponset Street. The unit features a showroom area suitable for retail or client-facing businesses. It also includes three half-bathrooms and a mezzanine-level office overlooking the warehouse. The warehouse/storage area has a drive-in bay and 22-foot ceilings. A 14-foot overhead door provides loading and equipment access. The property is suitable for contractors, distributors, light manufacturing, service companies, or hybrid office/warehouse users. It offers accessibility to routes 1, 128, and 95, and the commuter rail. The property size is 3,493 square feet.
    Location Intelligence

    Current Use by Public Records

    PBZ Construction Inc Construction Company Mind-body Connection Alternative Medicine Practice Salon 401 Hair Salon N J Marathas ... Carpet & Flooring Store Canton PILATES and GYROTONICS Gym & Fitness Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    Tapped Beer Truck

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1547872
    Latitude
    42.1606303

    Nearby Similar for Lease

    • Contact for pricing

      MA, Canton - Turnpike Street

      Discover many ways to work your way in Highland Pointe
      437 Turnpike St, Canton, MA 02021
      View Details
    • $13 SF/Yr
      8,200 SF

      Canton Warehouse with Office Space

      8,200 SF warehouse with office space for lease.
      602-607 Neponset St, Canton, MA 02021
      View Details
    • $14 SF/Yr
      1,900 SF

      Office/Flex Space Available For Rent

      Office/Flex space featuring multiple offices, conference room, and kitchenette.
      609-611 Neponset St, Canton, MA 02021
      View Details
    • Contact for pricing
      6,100 SF

      Canton Office Space For Rent

      5,184 SF office space with loading access available for rent.
      500 Turnpike St, Canton, MA 02021
      View Details
    • Contact for pricing

      Industrial Units in Canton, MA

      Two industrial units available for sublease near I-93.
      956 Turnpike St, Canton, MA 02021
      View Details
    • $19 SF/Yr
      18,435 SF

      Canton Flex Space Available Now

      Flex space with air conditioning, docks, and immediate occupancy.
      90 Hudson Rd, Canton, MA 02021
      View Details
    • Contact for pricing
      39,100 SF

      Warehouse Space with Loading Docks

      Warehouse space available with loading docks, near major routes.
      348 Turnpike St, Canton, MA 02021
      View Details
    • $7 SF/Yr
      6,500 SF

      Canton Warehouse Space Available

      6,500 SF warehouse space for lease in Canton, MA.
      80 Hudson Rd, Canton, MA 02021
      View Details
    • $2,500 /Mo
      2,000 SF

      Canton Warehouse Space Available

      2,000 SF warehouse space for rent in Canton.
      118 Will Dr, Canton, MA 02021
      View Details
    • Contact for pricing
      15,000 SF

      Industrial Warehouse Space For Lease

      15,000 SF industrial space with office and loading docks.
      1 Pequot Way, Canton, MA 02021
      View Details
    • New
      Contact for pricing

      Professional Corner Office Unit

      Second floor office unit with utilities included.
      345R Neponset St, Canton, MA 02021
      View Details
    • Contact for pricing
      11,000 SF

      Prime Retail Space Available

      11,000 SF retail space in high-traffic Canton location.
      2-22 Washington St, Canton, MA 02021
      View Details

    FAQs

    What type of property is this?
    Flex space - 3,500 SF commercial flex space in prime location.
    Where is this flex space located?
    The property is located at 401 Neponset St Canton, MA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime Neponset Street location with easy access to Routes 1, 128, 95, and commuter rail.; - Versatile 3,500 sq ft commercial flex space suitable for various businesses.; - Expansive warehouse/storage area with **22-foot ceilings** and a **14-foot overhead door**.
    (781) 828-4550
    Request Owner's contact information
    401 Neponset St Canton, MA 02021
    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.
    401 Neponset St
    Canton, MA 02021
    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
    401 Neponset St Canton, MA 02021
    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
    Eric Hanlon
    (781) 828-4550 (781) 363-0826 (781) 848-9064
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!