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Property profile & analytics
FOR LEASE
Showrooms

100 Morse St Norwood, MA 02062

98,242 SF 8.04 ac lot Built 1956
Individually Owned 3-yr Hold Free & Clear
Property ID
US38-1814731
Property summary
AI-generated overview

The Morse Medical & Technology Center, located at 100 Morse St in Norwood, MA (02062), offers a diverse range of office and industrial spaces for lease. This multi-tenant property boasts a total of 100,421 square feet, situated on a generous 8.04-acre lot in Norfolk County. Currently, there are 9 available spaces ranging in size from 1,765 square feet to 37,790 square feet, providing flexibility for businesses of various scales. The building's versatile design caters to a wide array of needs, encompassing medical office, flex, traditional office, creative office, executive office, and warehouse space. This allows for a unique opportunity to find a space perfectly suited to your specific operational requirements. The property's location in Norwood, Massachusetts offers convenient access to major transportation routes and amenities. The available 8,777 square feet of vacant space presents a significant opportunity for immediate occupancy. This prime location and adaptable space make the Morse Medical & Technology Center an ideal choice for businesses seeking a functional and strategically located property in the thriving Norwood market. Contact us today to explore leasing options and discover how this property can meet your business needs.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 98,242 SF
Lot 8.04 ac (350,222 SF)
APN NORW M:00015 B:0012C L:00002
UPID US38-1814731
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
  • Encompass Care Inc Physician
  • Joseph Schembri Physician Medical Clinic
  • Boris Bergus Physician
  • SARA HELEN RUNNELS Dental Office
  • CHRISTOPHER DAVID KARTER Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.67M
CAP Approach CAP
$14.60M
Comparable Approach Comparable
$7.64M
Blend (final) Blend
$12.64M
Owner & transaction history
Morse Nt · 3 yrs held
Morse Nt
since 2022
Last sale
$12.6M
5 recorded transactions
2022
$12.6M
2014
$11.2M
2006
$7.0M
1999
Price N/A
1996
$1.7M
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?”
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