1 Norfolk Ave, South Easton, MA 02375
For Sale
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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.
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Pharmasol Corporation Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.