451 Walpole Street, Norwood, MA 02062
Versatile 14,000 SF industrial/automotive space on 1 acre.
- Added:
- Apr 23, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 23 at 10:39 am
Property Features for 451 Walpole Street
General Information
- Standard status
- Active
- Size
- 13,847 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agent Dan Gardner (781) 591-3232
Listing office DMG Brokerage, LLC (781) 591-3232
Listing date Apr 23, 2026
Source Alliancepartnersre
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 DMG Brokerage, LLC
HighLights
- Well‑located industrial/automotive/repair facility in Norwood, MA.
- Approximately 14,000 SF of versatile industrial/automotive space on 1 acre.
- Opportunity for interim rental income until the end of 2026.
- Value‑add potential through rent adjustments or repositioning.
- Suitable for auto repair, service businesses, contractor uses, or other industrial users.
- Features five drive‑in doors and a single‑story layout.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.6k | $24.96 |
| − Vacancy | −$9.0k | −$0.65 |
| EGI | $336.6k | $24.31 |
| − OpEx | −$101.0k | −$7.29 |
| NOI | $235.6k | $17.02 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Ding Doctor of Greater Boston — 1255 Washington St, Norwood, MA 02062
- Top Gun Autoworks — 27 Endicott St, Norwood, MA 02062
- Carol's Auto Body — 1255 Washington St, Norwood, MA 02062
- Collegetown Auto — 83 Morse St # 14, Norwood, MA 02062
- EuroSide Automotive — 1220 Washington St, Norwood, MA 02062
Location Insight
- Map
- Local Demand
- City
- Norwood
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2219382
- Latitude
- 42.1798049