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    400 Cordwainer Dr Norwell, MA 02061

    Sponsored
    For Sale
    $1,300,000

    Prime Norwell location, 2.87 acres, Business C zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.87-acre parcel, located at 400 Cordwainer Drive in Norwell, Massachusetts (zip code 02061), presents a compelling investment opportunity. Situated in Accord Park, this commercially and industrially zoned land offers significant potential for development. The property boasts a total land area of over 125,147 square feet, with a proposed building area of over 20,300 square feet for a single-story structure. The convenient location provides easy access to Route 3 via Exit 35 (Old Exit 14), ensuring excellent visibility and accessibility for any future development. The property is serviced by municipal water and sewer, eliminating the need for costly septic system installation. The Business C zoning designation opens up a wide range of development possibilities, making this a highly versatile and attractive property for a variety of commercial or industrial uses. This prime location in Plymouth County offers a unique chance to establish a thriving business in a desirable area of Massachusetts. The asking price for this exceptional property is $1,300,000.

    Property Features for 400 Cordwainer Dr

    General Information

    Property type
    Land
    Lot Size
    125,017 SF

    HighLights

    • 2.87+ acres (125,147+ sq ft) land parcel.
    • Proposed 20,300+ sq ft single‑story building. Municipal water/septic sewer.
    • Business C zoning.
    • Accord Park location in Norwell, MA, convenient to Route 3, Exit 35.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.88277
    Latitude
    42.165507

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    FAQs

    What type of property is this?
    Land - Prime Norwell location, 2.87 acres, Business C zoning.
    Where is this land located?
    The property is located at 400 Cordwainer Dr Norwell, MA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 2.87+ acres (125,147+ sq ft) land parcel.; Proposed 20,300+ sq ft single-story building. Municipal water/septic sewer.; Business C zoning.
    Request Owner's contact information
    400 Cordwainer Dr Norwell, MA 02061
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    Norwell, MA 02061
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    Realmo Value Estimation

    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.

    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.

    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
    400 Cordwainer Dr Norwell, MA 02061
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