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Financial
Distress signals
Property profile

164 Washington St Norwell, MA 02061

FOR LEASE
Office buildings
View Listing
Property ID
US38-1813372
11,203 SF 0.52 ac lot Built 1800
Last sale Nov 2016 · $1,025,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-tenanted, colonial-style professional office building provides office space configured across first and second levels within a well-maintained setting. The property has signage and street exposure on Route 53. Three suites are described: Suite 102 is a 1,450-square-foot first-level space designed for an oral surgeon’s practice, featuring an office-intensive layout; Suite 103 is a 1,149-square-foot first-level corner office suite with an office-intensive layout and natural light; and…

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?
$17k
Tax billed · 2024
Assessed value$1.27M
Assessed land$292k
Assessed improvement$977k
Effective rate1.35%

Value estimate

· Oct 2026
$945k
$851k – $1.04M
Submarket $/SF estimate$1.02M
NOI build-up
Gross scheduled income$97k
Vacancy & credit loss−$16k
Operating expenses−$20k
NOI · 301,085.00% cap applied$60k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$130 – $335
Qualifying comparables14

Cap rate analysis

How does the asset earn?
301,085.00%
$60k 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.

JurisdictionNORWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Bakery9.3
Barber Shop9.0

Location

164 Washington St Norwell, MA 02061
County assessor Recorded deeds · 4 transfers 14 qualifying comp sales 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
306 Washington, Norwell, MA 02061-1765 $1,800,000 Jan 2026 11,307 SF
167 Washington, Norwell, MA 02061-1797 $1,650,000 May 2024 13,767 SF
683 Main, Norwell, MA 02061-2346 $1,150,000 Jul 2022 6,804 SF
52 Accord Park, Norwell, MA 02061-1628 $1,800,000 Oct 2021 14,651 SF
40 Accord Park, Norwell, MA 02061-1613 $850,000 Nov 2020 11,804 SF
46 Accord Park, Norwell, MA 02061-1663 $1,000,000 Sep 2020 6,828 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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