Medical Office Space with Transit
For Sale
Contact for pricing
966 Park Street # B7, Stoughton, MA 02072
Park Street access pairs with commuter rail and bus connections, plus free parking.
Property Size2,564 SF
Price / SF$1.75
Days on Market406
Property Features for 966 Park Street # B7
General Information
Standard status
Active
Size
2,564 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
2,564 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: Sep 7, 2025
Changed: Oct 6
Last Checked: Oct 16 at 7:19AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office space contains 2564 square feet within a building constructed in 1979. The property is zoned NB and offers a setting suited to medical office operations.
The address is 966 Park Street # B7 in Stoughton, Massachusetts. Commuter rail service is nearby, while the Park Street RT 27 bus line provides an additional transit connection. Free parking is also available for visitors and users of the property.
The address is 966 Park Street # B7 in Stoughton, Massachusetts. Commuter rail service is nearby, while the Park Street RT 27 bus line provides an additional transit connection. Free parking is also available for visitors and users of the property.
Key Highlights
- 2564‑square‑foot medical office space
- NB zoning
- Building constructed in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,263
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,260
$925.3K
Cap Rate 7%
$660,900
$660.9K
Cap Rate 9%
$514,033
$514.0K
Market Conditions
NOI Build-Up for 2,564 SF
Gross rent
$86.2K $33.60/SF
− Vacancy
−$9.0K −$3.53/SF
EGI
$77.1K $30.07/SF
− OpEx
−$30.8K −$12.03/SF
NOI
$46.3K $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%
$925,260
Cap Rate 7%
$660,900
Cap Rate 9%
$514,033
Alternative Uses
Best Use
Office B
$803.8K
$703.3K – $937.7K
NOI $56,264 @ 7.0% cap · market cap 1,253.93%
Second Best
Healthcare Medical
$660.9K
$578.3K – $771.1K
NOI $46,263 @ 7.0% cap · market cap 1,031.05%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,252 @ 7.0% cap · market cap 2,368.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Park Street access pairs with commuter rail and bus connections, plus free parking.
Where is this medical office space located?
The property is located at 966 Park Street # B7 Stoughton, MA.
What are key features of this property?
This property features: 2564‑square‑foot medical office space; NB zoning; Building constructed in 1979
