451 Walpole Street Norwood, MA 02062
Single-story industrial facility with a modern paint spray booth and multiple drive-in doors.
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 office DMG Brokerage,LLC
Listing date Jan 3, 2026
Source Sarkisboston
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Investment Insights
Based on property information with market context.
The site includes approximately one acre of land. Ownership will also inherit the current leasing situation, with leases set to expire at the end of 2026, creating defined timing for a future repositioning plan.
With an approximate building size of 14,000+/- square feet, the facility is configured for practical industrial use and can work for an owner-occupant or investor seeking an asset tied to automotive/repair and related industrial activities.
Key Highlights
- Single‑story industrial facility built in 1945 with a modern paint spray booth
- ~14,000 +/- SF building size with two spaces that include a second‑floor office
- Three drive‑in doors (five total drive‑in doors) for vehicle access and service/industrial use
Local Financial Insights For Flex RnD
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 | $415.4k | $30.00 |
| − Vacancy | −$49.8k | −$3.60 |
| EGI | $365.6k | $26.40 |
| − OpEx | −$127.9k | −$9.24 |
| NOI | $237.6k | $17.16 |
Alternative Uses
Property Analytics
Current Use by Public Records
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Similar Off Market Nearby
- Mitch's Catering Services — 168 Walpole St, Norwood, MA 02062
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- Extreme Tailgators, LLC
