Mixed-Use Development with Restaurant
For Sale
Contact for pricing
839 Park St, Stoughton, MA 02072
For-sale mixed-use opportunity featuring a dine-in restaurant space and on-site parking for customers and staff.
Property Size2,500 SF
Lot Size1.42 Acres
Price / SF$399
Days on Market384
Property Features for 839 Park St
General Information
Standard status
Active
Size
2,500 SF
Lot size
1.42 Acres
Property subtype
LAND
Additional Details
Highway Access
Yes
Listing Agency:
DMG Brokerage
(781) 591-3232
Listed By:
Dan Gardner
(617) 964-3300
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Sep 6
Last Checked: Sep 12 at 3:36AM
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
Investment Insights
Based on property information with market context.
839 Park St, Stoughton, MA 02072 offers a mixed-use development opportunity with over 20 residential units, five commercial retail spaces, and more than 30 parking spaces on an approximately 39,000 SF lot.
The property also includes a 2,500 SF restaurant space that was formerly Piezonies Pizza and is described as fully equipped for dine-in service, with a spacious dining area and visible storefront.
The site is positioned in a high-traffic area near the Avon line with easy access to Route 24 and major highways. It is surrounded by shops, restaurants, and residential communities, and the listing notes additional rental income from a neighboring tenant.
The property also includes a 2,500 SF restaurant space that was formerly Piezonies Pizza and is described as fully equipped for dine-in service, with a spacious dining area and visible storefront.
The site is positioned in a high-traffic area near the Avon line with easy access to Route 24 and major highways. It is surrounded by shops, restaurants, and residential communities, and the listing notes additional rental income from a neighboring tenant.
Key Highlights
- Mixed‑use development opportunity with over 20 residential units, five commercial retail spaces, and 30+ parking spaces
- Restaurant space formerly home to Piezonies Pizza, offering 2,500 SF of dine‑in capacity and being fully equipped
- High‑traffic area near the Avon line with easy access to Route 24 and major highways
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,022
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$920,440
$920.4K
Cap Rate 7%
$657,457
$657.5K
Cap Rate 9%
$511,356
$511.4K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$63.0K $25.20/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$61.4K $24.54/SF
− OpEx
−$15.3K −$6.14/SF
NOI
$46.0K $18.41/SF
Area
Norfolk County, MA
Vacancy
2.60%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$920,440
Cap Rate 7%
$657,457
Cap Rate 9%
$511,356
Alternative Uses
Best Use
Specialty Retail
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$590.3K
$516.5K – $688.7K
NOI $41,320 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,599 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02072, MA
29,281
Population
11,346
Households
2.6
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
1,819
Density / Sq Mi
$104,164
Median Household Income
$55,250
Median Earnings
$1,993
Median Rent
$496,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For-sale mixed-use opportunity featuring a dine-in restaurant space and on-site parking for customers and staff.
Where is this conventional restaurant located?
The property is located at 839 Park St Stoughton, MA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Mixed‑use development opportunity with over 20 residential units, five commercial retail spaces, and 30+ parking spaces; Restaurant space formerly home to Piezonies Pizza, offering 2,500 SF of dine‑in capacity and being fully equipped; High‑traffic area near the Avon line with easy access to Route 24 and major highways
