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    Property profile & analytics
    OFF-MARKET Estimated value $1,410,000
    Retail properties & Spaces

    15 Farrar Farm Rd, Norwell, MA 02061-1725

    12,457 SF 1.5 ac lot Built 1982
    Entity Owned Free & Clear
    Property ID
    US38-1473740
    Property summary
    AI-generated overview

    This exceptional free-standing commercial building is situated in a desirable Norwell location. The property boasts approximately 1.5 acres of land, providing ample on-site parking for tenants and visitors. The building's design incorporates extensive glass windows, maximizing natural light and creating a bright, inviting atmosphere. A significant feature is the second-floor office space, which includes a spacious conference room, perfect for meetings and presentations. Separate bathrooms on the second floor add to the convenience and privacy of this area. A private entrance ensures easy access and a sense of exclusivity for second-floor occupants. The multi-tenant configuration offers flexibility for various business types, making this property an attractive investment opportunity. The building's location and features combine to create a highly functional and appealing commercial space. The property is priced at $15 million. Further details regarding square footage and specific tenant configurations are available upon request. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a thriving market. Don't miss out on this chance to secure a prime piece of Norwell real estate.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1982
    Construction FRAME
    Total area 12,457 SF
    Lot 1.5 ac (65,340 SF)
    APN NORW M:24 L:16
    UPID US38-1473740
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.60M
    Blend (final) Blend
    $1.41M
    Owner & transaction history
    Grove & Washington LLC
    Grove & Washington LLC
    since 2025
    5 recorded transactions
    2025
    1997
    $500,000
    1993
    1990
    1987
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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