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Financial
Distress signals
Property profile

1500 Boston Providence Tpke 39 Norwood, MA 02062

FOR LEASE
Other industrial properties
Property ID
US38-0457048
1,027 SF Built 1985
Last sale Aug 2023 · $200,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This professional office suite is located within the Norwood Corporate Center and is configured as a multi-office layout. The suite includes a reception area with a service window adjacent to the first office, and provides access to a large kitchenette/lunchroom as well as additional office space from both the office and reception areas. Additional features include further office space down the hall, closet space, and a larger office or conference room. The suite has access to ample on-site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$179k
Assessed improvement$179k
Effective rate2.39%

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$210k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$6k
Operating expenses−$8k
NOI · 1,024.36% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$103 – $222

Cap rate analysis

How does the asset earn?
1,024.36%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORWOOD

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.1
Furniture Store10.8
Parking Facility10.7

Location

1500 Boston Providence Tpke, Unit 39 Norwood, MA 02062
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
159 Morse, Norwood, MA 02062-4600 $3,192,000 Jan 2024 8,296 SF
916 Pleasant St, Norwood, MA 02062-4666 $430,000 Sep 2022 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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