Freshly Painted Medical Office
For Sale
Contact for pricing
966 Park Street # B4, Stoughton, MA 02072
Conditioned workspace with on-site parking and convenient access to commuter rail and bus service.
Property Size1,480 SF
Price / SF$1.89
Days on Market233
Property Features for 966 Park Street # B4
General Information
Standard status
Active
Size
1,480 SF
Property subtype
Commercial
Zoning
NB
Lease Type
NNN
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,218
Building Details
Building Size
1,480 SF
Year Built
1979
Listing Agency:
EXIT Premier Real Estate
(781) 270-4770
Listed By:
Mark A. Maraglia · License #450000963
(508) 272-8761
Source:
Churchillprop
Added: Feb 26
Changed: Oct 6
Last Checked: Oct 16 at 7:33AM
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 EXIT Premier Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite B4 offers 1,480 square feet of medical office space in a 1979 commercial building. The interior has been freshly painted, with heat and air conditioning included. On-site parking is available for users and visitors.
Located at 966 Park Street in Stoughton, the property is near restaurants, commuter rail service, and a bus line. The combination of conditioned office space, refreshed interiors, parking, and nearby transit supports a practical medical office setting.
Located at 966 Park Street in Stoughton, the property is near restaurants, commuter rail service, and a bus line. The combination of conditioned office space, refreshed interiors, parking, and nearby transit supports a practical medical office setting.
Key Highlights
- 1,480 SF medical office suite in Suite B4
- Freshly painted interior
- Heat and air conditioning included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,704
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,080
$534.1K
Cap Rate 7%
$381,486
$381.5K
Cap Rate 9%
$296,711
$296.7K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$49.7K $33.60/SF
− Vacancy
−$5.2K −$3.53/SF
EGI
$44.5K $30.07/SF
− OpEx
−$17.8K −$12.03/SF
NOI
$26.7K $18.04/SF
Area
Norfolk County, MA
Vacancy
10.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,080
Cap Rate 7%
$381,486
Cap Rate 9%
$296,711
Alternative Uses
Best Use
Office B
$464.0K
$406.0K – $541.3K
NOI $32,477 @ 7.0% cap · market cap 1,159.89%
Second Best
Healthcare Medical
$381.5K
$333.8K – $445.1K
NOI $26,704 @ 7.0% cap · market cap 953.71%
Theoretical Best
Office A
$876.2K
$766.6K – $1.02M
NOI $61,331 @ 7.0% cap · market cap 2,190.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Balanced
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Conditioned workspace with on-site parking and convenient access to commuter rail and bus service.
Where is this medical office space located?
The property is located at 966 Park Street # B4 Stoughton, MA.
What are key features of this property?
This property features: 1,480 SF medical office suite in Suite B4; Freshly painted interior; Heat and air conditioning included
