Financial
Distress signals
Property profile

683 Main St Norwell, MA 02061

FOR LEASE
Office buildings
Property ID
US38-0607469
6,804 SF 1.03 ac lot Built 1890
Last sale Jul 2022 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of professional office suites in the Norwell Center area, characterized by large window openings and ample on-site parking. It is situated within walking distance of Shields General Store, Pour, Tinker's Son, and Cheever Tavern, along with other nearby amenities.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.05M
Assessed land$429k
Assessed improvement$624k
Effective rate1.35%

Value estimate

· Sep 2026
$1.00M
$900k – $1.10M
AI approach$1.14M
Sales comparison$1.21M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$5k
Operating expenses−$6k
NOI · 920.30% cap applied$18k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$130 – $335
Qualifying comparables11

Cap rate analysis

How does the asset earn?
920.30%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Building Supply12.4
Auto Repair Shop11.7

Location

683 Main St Norwell, MA 02061
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
306 Washington, Norwell, MA 02061-1765 $1,800,000 Jan 2026 11,307 SF
316 Washington, Norwell, MA 02061-1780 $1,195,000 Jul 2024 4,785 SF
167 Washington, Norwell, MA 02061-1797 $1,650,000 May 2024 13,767 SF
52 Accord Park, Norwell, MA 02061-1628 $1,800,000 Oct 2021 14,651 SF
40 Accord Park, Norwell, MA 02061-1613 $850,000 Nov 2020 11,804 SF
46 Accord Park, Norwell, MA 02061-1663 $1,000,000 Sep 2020 6,828 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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