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    FOR SALE
    Manufacturing properties

    1 Norfolk Ave, South Easton, MA 02375

    78,890 SF 15.27 ac lot Built 1984
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US38-1092192
    Property summary
    AI-generated overview

    This exceptional 78,268-square-foot industrial facility in Easton, MA, presents a rare investment opportunity. The property, built in 1985 and renovated in 2012, features a Class B, single-tenant building situated on 15 acres. The two-story structure boasts 92 parking spaces and seven loading docks, enhancing operational efficiency. The expansive space includes 29,684 square feet of air-conditioned production space ideal for R&D and lab uses, complemented by 8,689 square feet of ISO 8 clean rooms and lab areas suitable for pharmaceutical, medical device, and electronics manufacturing. The facility also includes a wastewater collection system and floor drains. The warehouse space is divided into two sections: a 24,913-square-foot north warehouse with 18-foot ceilings and five loading docks, and a 17,257-square-foot south warehouse with 25-foot ceilings. Both warehouse sections are air-conditioned. The property benefits from an ESFR fire sprinkler system and is strategically located in South Easton's industrial park, providing convenient access to major highways (I-495 and Route 24) and public transportation. The asking price is $11,500,000, translating to $146.93 per square foot. The permitted zoning is industrial.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1984
    Construction STEEL FRAME
    Total area 78,890 SF
    Lot 15.27 ac (665,161 SF)
    APN EAST M:0034U B:0009D L:0000
    UPID US38-1092192
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pharmasol Corporation Factory Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.63M
    Blend (final) Blend
    $6.43M
    Owner & transaction history
    1 Norfolk Avenue Rlty LLC · 17 yrs held
    1 Norfolk Avenue Rlty LLC
    since 2008
    7 recorded transactions
    2026
    2025
    2023
    2018
    2011
    2008
    $1
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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