Property profile

11 Walpole St Norwood, MA 02062

OFF-MARKET
Office buildings
Property ID
US38-1699670
5,257 SF 0.15 ac lot Built 1945
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,800-square-foot executive office space is available for lease at 11 Walpole Street in Norwood, Massachusetts. Located in Norfolk County, this single-tenant property offers a complete and ready-to-occupy workspace. The entire 1,800 square feet is currently vacant, providing immediate occupancy for a business seeking a move-in ready solution. The property's address is 11 Walpole Street, Norwood, MA 02062. Its convenient location within Norwood offers easy access to major transportation routes, making commuting for employees and clients straightforward. The property is classified as an executive office, suggesting a high-quality finish and potentially desirable amenities, although specific details on those amenities are not currently available. This presents a unique opportunity for a business seeking a prestigious and efficient workspace in a desirable location. The property is ideal for a single tenant seeking a self-contained office environment. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property is situated in a prime location within Norwood, offering a blend of accessibility and professional appeal. This single-tenant occupancy ensures privacy and control over the entire space. The 1,800 square feet provides ample room for various office configurations to suit specific business needs. The property is ready for immediate occupancy, minimizing any delays in business operations.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,257 SF
Lot 0.15 ac (6,630 SF)
APN NORW M:00002 B:00010 L:00010
UPID US38-1699670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Employment Agency
  • Advocacy Group

Location

11 Walpole St Norwood, MA 02062-3349
Norwood metro Census 413401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.90M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$445k

Owner & transaction history

since 2007
4 recorded transactions
2007
$800,000
2006
Price N/A
2003
$429,900
1996
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.3M +46.3%
Commercial (general) $1.8M +14.2%
Auto repair, garage $1.7M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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