Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    100 Broadway Norwood, MA 02062-3560
    Back to Search
    Property profile & analytics

    100 Broadway Norwood, MA 02062-3560

    View on Map
    • Auto shops
    • 20,842 SF
    • 0.81 lot acres
    Off-Market
    Property ID
    US38-1799438
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Broadway Collision Center & Mechanical Repair / Auto Repair Shop
    • Auto Sales On Broadway / Car Dealership

    Property Details for 100 Broadway

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.81 lot acres
    Property size
    20,842 SF
    Property type
    Auto shops
    APN
    NORW M:00001 B:00003 L:00007
    APU
    NORWM00001B00003L00007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $895,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $863,000
      Market price range: $863k - $2.62M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1995
    Latitude
    42.1903
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,519
    $541,400
    $943,500
    $1,484,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,104 SF

      81 Cedar St

      AUTO REPAIR, GARAGE • 1,104 SF
      81 Cedar St, Norwood, MA 02062-4104
      View Details
    • Value Estimation
      $605,000
      13,847 SF

      451 Walpole St

      AUTO REPAIR, GARAGE • 13,847 SF
      451 Walpole St, Norwood, MA 02062-3076
      View Details
    • Value Estimation
      $755,000
      10,325 SF

      145 Broadway

      AUTO REPAIR, GARAGE • 10,325 SF
      145 Broadway, Norwood, MA 02062-3436
      View Details
    • Value Estimation
      $830,000
      4,920 SF

      291 Lenox St

      AUTO REPAIR, GARAGE • 4,920 SF
      291 Lenox St, Norwood, MA 02062-3417
      View Details
    • Value Estimation by Request
      3,552 SF

      433 Walpole St

      AUTO REPAIR, GARAGE • 3,552 SF
      433 Walpole St, Norwood, MA 02062-3034
      View Details
    • Value Estimation by Request
      3,396 SF

      883 Washington St

      AUTO REPAIR, GARAGE • 3,396 SF
      883 Washington St, Norwood, MA 02062-3430
      View Details

    Similar Nearby for Sale

    • $2,500,000
      2,610 SF

      Norwood Auto Repair Investment Property

      Fully occupied auto repair facility near Route 1 Auto Mile.
      900 Pleasant St, Norwood, MA 02062
      View Details
    • $3,650,000
      13,847 SF

      Norwood Industrial/Automotive Opportunity

      Versatile 14,000 SF industrial/automotive space on 1 acre.
      451 Walpole St, Norwood, MA 02062
      View Details
    • $2,500,000

      Auto Repair Facility For Sale

      Fully occupied auto repair facility near Route 1 Auto Mile.
      900 Pleasant St, Norwood, MA 02062
      View Details
    • $2,450,000

      Industrial/Automotive Building For Sale

      7,000 SF industrial/automotive building with high ceilings and ample parking.
      915 Pleasant St, Norwood, MA 02062
      View Details
    • $4,000,000
      13,847 SF

      Norwood Industrial/Automotive Opportunity

      Versatile 14,000 SF industrial/automotive space on 1 acre.
      451 Walpole St, Norwood, MA 02062
      View Details
    • $2,450,000
      7,000 SF

      Industrial/Automotive Building For Sale

      7,000 SF industrial/automotive building with multiple tenants.
      915 Pleasant St, Norwood, MA 02062
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr

      Versatile Retail Space in Norwood

      1886 SF retail space in Downtown Norwood.
      650 Washington St, Norwood, MA 02062
      View Details
    • Contact for pricing

      Renovated Office/Retail Space Available

      Renovated 1,298 SF office/retail space on high-traffic Route 1A.
      175 Walpole St, Norwood, MA 02062
      View Details
    • Contact for pricing

      Downtown Norwood Office/Showroom Space

      Bright, freshly painted office/showroom in downtown Norwood.
      856 Washington St, Norwood, MA 02062
      View Details
    • Contact for pricing
      1,300 SF

      Renovated Office/Retail Space Available

      Renovated 1,298 SF office/retail space in high-traffic Norwood location.
      175 Walpole St, Norwood, MA 02062
      View Details
    • Contact for pricing
      7,200 SF

      Retail Space on Route One

      Highly visible retail space with ample parking and easy access.
      949 Providence Hwy, Norwood, MA 02062
      View Details
    • Contact for pricing

      Retail Space in Norwood, MA

      Retail space available in Norwood, Massachusetts.
      954 Providence Hwy, Norwood, MA 02062
      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.
    100 Broadway
    Norwood, MA 02062-3560
    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
    100 Broadway, Norwood, MA, 02062
    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!