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    Property profile & analytics

    106 Longwater Dr Ste, Unit 115 Norwell, MA 02061-1626

    • Industrial properties
    • 6,279 SF
    OFF-MARKET
    Value Estimation
    $4,545,000
    Last Sale
    Jun 28, 2022
    $4,850,000
    Location Intelligence
    Property ID
    US38-0610469
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 106 Longwater Dr Ste

    Year built
    1982
    Property size
    6,279 SF
    Property type
    Industrial properties
    APN
    NORW M:18 L:42-115
    APU
    NORWM18L42115

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,885,000
      6.5%
      $4,770,000
      7%
      $5,205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,205,000
      Geo Method
      $5,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,030,000
      Retail
      $6,030,000
      Mixed-Use
      $5,175,000
      Hospitality
      $4,965,000
      Educational
      $5,285,000
      Residential Income
      $6,110,000
      Energy
      $4,945,000
      Income-Based Land
      $5,470,000
      Food Service
      $4,950,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8802
    Latitude
    42.1575
    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
    $6,883
    $0.00
    $511,400
    $511,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,910,000
      3,121 SF

      104 Longwater Dr Ste, Unit 106

      CONDOMINIUMS (INDUSTRIAL) • 3,121 SF
      104 Longwater Dr Ste, Norwell, MA 02061-1625
      View Details
    • Value Estimation
      $2,885,000
      1,575 SF

      104 Longwater Dr Ste, Unit 108

      CONDOMINIUMS (INDUSTRIAL) • 1,575 SF
      104 Longwater Dr Ste, Norwell, MA 02061-1625
      View Details
    • Value Estimation
      $4,320,000
      3,170 SF

      106 Longwater Dr Ste, Unit 116

      CONDOMINIUMS (INDUSTRIAL) • 3,170 SF
      106 Longwater Dr Ste, Norwell, MA 02061-1626
      View Details
    • Value Estimation
      $1,195,000
      4,664 SF

      104 Longwater Dr

      CONDOMINIUMS (INDUSTRIAL) • 4,664 SF
      104 Longwater Dr, Norwell, MA 02061-1625
      View Details
    • Value Estimation
      $255,000
      3,116 SF

      104 Longwater Dr Ste, Unit 102

      CONDOMINIUMS (INDUSTRIAL) • 3,116 SF
      104 Longwater Dr Ste, Norwell, MA 02061-1625
      View Details
    • Value Estimation
      $1,390,000
      8,324 SF

      300 Longwater Dr, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 8,324 SF
      300 Longwater Dr, Norwell, MA 02061-1662
      View Details

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    Similar Nearby for Lease

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    • $21 SF/Yr
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      Second floor office space with Route 53 visibility.
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      View Details
    • $2,250 /Mo
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      View Details
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    Norwell, MA 02061-1626
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    Realmo Value Estimation

    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.

    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.

    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
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