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    Property profile & analytics

    124 Main St Norfolk, MA 02056-1445

    • Manufacturing properties
    • 7,029 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US38-1400428
    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

    • New England Interior Specialties / Interior Designer
    • Pit Stop Performance / Auto Repair Shop / Truck Accessories Store
    • Desco-Diagnostic Equipment Services / Medical Supply Store / Association / Organization
    • DESCO / Industrial Equipment Supplier

    Property Details for 124 Main St

    Year built
    1946
    Construction
    STEEL FRAME
    Lot size
    0.34 lot acres
    Property size
    7,029 SF
    Property type
    Manufacturing properties
    APN
    NORF M:0014 B:0056 L:0003
    APU
    NORFM0014B0056L0003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $405,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $400,000
      Mixed-Use
      $460,000
      Hospitality
      $445,000
      Educational
      $375,000
      Residential Income
      $370,000
      Energy
      $470,000
      Income-Based Land
      $480,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3232
    Latitude
    42.121
    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
    $6,286
    $102,500
    $301,200
    $403,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $480,000
      9,000 SF

      6 Hl St

      MANUFACTURING (LIGHT) • 9,000 SF
      6 Hl St, Norfolk, MA 02056-1628
      View Details
    • Value Estimation by Request
      30,697 SF

      14 Shire Dr

      MANUFACTURING (LIGHT) • 30,697 SF
      14 Shire Dr, Norfolk, MA 02056-1580
      View Details
    • Value Estimation
      $920,000
      25,800 SF

      20 Shire Dr

      MANUFACTURING (LIGHT) • 25,800 SF
      20 Shire Dr, Norfolk, MA 02056
      View Details
    • Value Estimation
      $545,000
      16,188 SF

      150 Dedham St

      MANUFACTURING (LIGHT) • 16,188 SF
      150 Dedham St, Norfolk, MA 02056-1665
      View Details
    • Value Estimation
      $345,000
      7,460 SF

      17 Shire Dr

      MANUFACTURING (LIGHT) • 7,460 SF
      17 Shire Dr, Norfolk, MA 02056-1579
      View Details
    • Value Estimation by Request
      20,000 SF

      360 Main St

      MANUFACTURING (LIGHT) • 20,000 SF
      360 Main St, Norfolk, MA 02056-1249
      View Details

    Similar Nearby for Sale

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      7,000 SF

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      Versatile commercial property in Norfolk's Business District.
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    • $849,900

      Spacious Norfolk Two-Family Home

      Two-family home in Norfolk's business district with rental income potential.
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    Similar Nearby for Lease

    • $1,975 /Mo
      1,241 SF

      Industrial Space Available For Rent

      Industrial property with 1,241 square feet available for rent.
      3 David Rd, Norfolk, MA 02056
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space on Main Street

      Retail space available for rent, 2000 square feet.
      158 Main St, Norfolk, MA 02056
      View Details
    • $1,200 /Mo
      1,100 SF

      Versatile Office/Showroom Space Available

      Office/Showroom space for rent in Norfolk, MA.
      206 Main St, Norfolk, MA 02056
      View Details
    • $14 SF/Yr
      1,225 SF

      Norfolk Office Space Available

      Office space for lease in Norfolk, Massachusetts.
      144-148 Main St, Norfolk, MA 02056
      View Details
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    124 Main St
    Norfolk, MA 02056-1445
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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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