0 Charlotte Rd Walpole, MA 02032
This exceptional 10.86-acre development site presents a unique opportunity in the desirable Walpole/Norwood area of Massachusetts. The property, located at 0 Charlotte Rd, Walpole, MA 02032, is comprised of two parcels: Lot A (Norwood) encompassing approximately 7.79 acres and Lot B (Walpole) comprising approximately 3.07 acres. Both parcels are zoned for General Residence, offering significant potential for a variety of residential projects. The site's convenient location offers quick access to major roadways including Routes 1, 1A, 27, 95, and 128, providing easy commutes to Boston and surrounding areas. The property benefits from proximity to the amenities and conveniences of both Walpole and Norwood town centers. A conceptual plan for a 122-unit apartment development has been prepared, showcasing the site's potential for high-density residential construction. This prime location and flexible zoning make this a highly attractive investment opportunity for developers seeking to capitalize on the strong demand for housing in this thriving region. The asking price for this exceptional property is $38,950,000. Norfolk County location provides access to a robust infrastructure and supportive community. This is a rare chance to acquire a substantial land parcel with significant development potential in a highly sought-after area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.