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1145 Chestnut St Brockton, MA 02301-5557

OFF-MARKET Office buildings Google Maps
604 SF 2.55 ac lot Built 2004
Individually Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.05M
Range $945k – $1.16M (±10%)
Property ID US38-0341289

Property summary

AI-generated overview

This exceptional office space, located off Route 24 near the Brockton/Easton line, offers a total of 3,025 square feet. Currently, one suite is available within this well-maintained building. The space boasts nine individual offices, perfect for a variety of business configurations, along with a dedicated conference room for meetings and presentations. A convenient kitchen area is also included, adding to the functionality and comfort of the space. Natural light floods the bright and sunny offices, creating a pleasant and productive work environment. The building is equipped with a modern HVAC system ensuring year-round climate control. Accessibility is ensured with an elevator and ADA compliance. Ample parking is provided with a 20-car lot. This property is situated in the MetroSouth submarket, offering convenient access to major transportation routes. Prospective tenants are responsible for conducting their own due diligence to verify all aspects of the property, including but not limited to square footage, easements, rights-of-way, and zoning regulations. This is a fantastic opportunity for a business seeking a well-appointed and conveniently located office space. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 604 SF
Lot 2.55 ac (111,078 SF)
Zoning code I1
APN BROC M:007 R:132 S:
UPID US38-0341289

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
  • Training Center Vocational School
  • Training Center Vocational School
  • Mediation Service
  • Restaurant
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M

Owner & transaction history

since 2022
Last sale
$1.4M
6 recorded transactions
2022
$1.4M
2021
$1.6M
2017
Price N/A
2007
Price N/A
2001
$25,000
1969
Price N/A

Zoning & alternative use

I1 · Brockton, MA

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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