Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    380 Quincy St Brockton, MA 02302
    Back to Search
    Property profile & analytics

    380 Quincy St, Brockton, MA 02302

    View on Map
    • Land
    • 0.99 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 380 Quincy St

    Lot size
    0.99 lot acres
    Property type
    Land

    Description

    This exceptional redevelopment opportunity presents 0.99 acres of vacant land in Brockton, Massachusetts, ideally situated on Quincy Street near Whitman and East Bridgewater. The property, zoned C-2, boasts full approvals for a five-story apartment building encompassing 39 one-bedroom units. Each unit is planned to range from 700 to 800 square feet, providing comfortable living spaces. The site offers approximately 150 feet of frontage on Quincy Street, featuring two curb cuts for convenient access. The development plan includes 53 off-street parking spaces, addressing the parking needs of residents. The total land area is 42,933 square feet. This is a turnkey project ready for immediate development, offering a significant return on investment for the right buyer. Detailed plans and specifications are available upon request. This is a rare chance to acquire a fully permitted multifamily development site in a desirable location with strong potential for rental income. Don't miss this opportunity to capitalize on the growing demand for housing in the Brockton area. The property is currently vacant and ready for construction.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brockton
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9867
    Latitude
    42.0826

    Comparable in this City

    • Value Estimation by Request
      5,040 SF

      26 Saint Casimir Ave

      BOARDING/ROOMING HOUSE
      26 Saint Casimir Ave, Brockton, MA 02302-1828
      View Details
    • Value Estimation by Request
      4,305 SF

      42 Wendell Ave

      BOARDING/ROOMING HOUSE
      42 Wendell Ave, Brockton, MA 02302-3122
      View Details
    • Value Estimation by Request
      1,662 SF

      120 Mulberry St

      COMMERCIAL (GENERAL)
      120 Mulberry St, Brockton, MA 02302
      View Details
    • Value Estimation by Request
      1,376 SF

      190 Mulberry St

      SHOW ROOM, WAREHOUSE
      190 Mulberry St, Brockton, MA 02302-2009
      View Details
    • Value Estimation
      $510,000
      2,448 SF

      561 Thatcher St

      COMMERCIAL (GENERAL)
      561 Thatcher St, Brockton, MA 02302
      View Details
    • Value Estimation by Request
      1,784 SF

      83 Ames St

      COMMERCIAL (GENERAL)
      83 Ames St, Brockton, MA 02302-2023
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      North Brockton Two-Family Home

      Two-family home in North Brockton with commuter access.
      150 E Ashland St, Brockton, MA 02302
      View Details
    • Contact for pricing
      Pending

      Renovated Two-Family Home

      Two-unit property with updated systems and convenient location.
      15 Faxon St, Brockton, MA 02302
      View Details
    • Contact for pricing
      16,187 SF

      Brockton Development Project Approved

      Approved development project for 28 residential units in Brockton.
      30 Intervale St, Brockton, MA 02302
      View Details
    • Contact for pricing
      1,358 SF

      Turn-Key Brockton Multifamily Property

      Meticulously maintained 2-unit multifamily property in a prime Brockton neighborhood.
      14 Emmet St, Brockton, MA 02302
      View Details
    • Contact for pricing
      2,297 SF

      Renovated Two-Family Home

      Spacious, renovated two-family home with modern amenities and ample space.
      26 Acorn St, Brockton, MA 02302
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,537 SF

      Retail Space in Crescent Plaza

      Retail space for lease in established Brockton shopping center.
      715 Crescent St, Brockton, MA 02302
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space Former 7-Eleven Site

      2,700 SF retail space available now in Brockton, MA.
      446 E Ashland St, Brockton, MA 02302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    380 Quincy St
    Brockton, MA 02302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    380 Quincy St, Brockton, MA, 02302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!