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    Property profile & analytics

    149 Washington St Norwell, MA 02061-1711

    • Commercial real estate
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $905,000
    Last Sale
    Dec 17, 2021
    $900,000
    Location Intelligence
    Property ID
    US38-2427678
    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

    • Commercial real estate

    Property Details for 149 Washington St

    Lot size
    0.58 lot acres
    Property type
    Commercial real estate
    APN
    NORW M:20 L:18
    APU
    NORWM20L18

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $785,000
      6.5%
      $890,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $945,000
      Geo Method
      $955,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $765,000
      Retail
      $875,000
      Mixed-Use
      $940,000
      Hospitality
      $920,000
      Educational
      $895,000
      Residential Income
      $940,000
      Energy
      $860,000
      Income-Based Land
      $1,010,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8754
    Latitude
    42.1697
    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
    $8,038
    $309,500
    $287,700
    $597,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.90 Acres

      183 Washington St

      COMMERCIAL (GENERAL) • 3.90 Acres
      183 Washington St, Norwell, MA 02061-1752
      View Details
    • Value Estimation by Request
      18,000 SF

      84 Accord Park Dr

      SHOW ROOM, WAREHOUSE • 18,000 SF
      84 Accord Park Dr, Norwell, MA 02061-1606
      View Details
    • Value Estimation by Request
      1.50 Acres

      350 Washington St

      COMMERCIAL (GENERAL) • 1.50 Acres
      350 Washington St, Norwell, MA 02061-2010
      View Details
    • Value Estimation
      $2,890,000
      7,500 SF

      380 Washington St, Unit 1

      COMMERCIAL CONDOMINUIM • 7,500 SF
      380 Washington St, Norwell, MA 02061-2010
      View Details
    • Value Estimation by Request
      1.42 Acres

      30 Central St

      COMMERCIAL (GENERAL) • 1.42 Acres
      30 Central St, Norwell, MA 02061-1310
      View Details
    • Value Estimation by Request
      0.90 Acres

      159 Washington St

      Commercial real estate • 0.90 Acres
      159 Washington St, Norwell, MA 02061
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Rare opportunity with redevelopment potential in a desirable Norwell neighborhood.
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    Similar Nearby for Lease

    • $23 SF/Yr

      Prime Retail/Office Space Available

      Highly visible retail or office space with flexible terms.
      124 Washington St, Norwell, MA 02061
      View Details
    • $21 SF/Yr
      2,743 SF

      Norwell Office Space For Rent

      Second floor office space with Route 53 visibility.
      306 Washington St, Norwell, MA 02061
      View Details
    • $1,395,000
      4,496 SF

      Renovated Showroom at Queen Anne's

      Recently renovated showroom and barn building in prime Norwell location.
      25 Washington St, Norwell, MA 02061
      View Details
    • $21 SF/Yr
      2,743 SF

      Norwell Office Space For Rent

      Second floor office space with Route 53 visibility.
      306 Washington St, Norwell, MA 02061
      View Details
    • $2,250 /Mo
      864 SF

      Professional Office Space Available

      Three-story office building with planned updates and ample parking.
      200 Cordwainer Dr, Norwell, MA 02061
      View Details
    • Contact for pricing
      1,000 SF

      Norwell Gas Station For Rent

      1,000 SF gas station with high traffic and visibility.
      85 Washington St, Norwell, MA 02061
      View Details
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    149 Washington St
    Norwell, MA 02061-1711
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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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