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178 Oak St Brockton, MA 02301

Industrial land Google Maps
0.45 ac lot
Individually Owned 16-yr Hold Free & Clear
Estimated value (blended)
$290k
Range $261k – $319k (±10%)
Property ID US38-1774495

Property summary

AI-generated overview

This exceptional 0.45-acre commercial land parcel, located at 178 Oak Street in Brockton, Massachusetts (02301), offers 20,000 square feet of development potential. Zoned I1, this single-tenant property is perfectly situated as an outparcel to the Oak Village Crossing Neighborhood Center, providing excellent visibility and accessibility. The property's prime location benefits from proximity to major roadways, including Route 27 and Route 24, offering easy access to Boston and the Westgate Mall, a significant retail hub in the Metro South area. This strategic location also places the property near established businesses such as the US Post Office, Webster Bank, Extra Space Storage, CVS, and Crown Uniform and Linen, ensuring high traffic and customer visibility. The property is ideal for a variety of commercial uses, including retail establishments, restaurants, or financial institutions. Its location in the Northwest section of Brockton, bordering Avon, further enhances its appeal. The APN is M:036 R:806 S:. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving area.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.45 ac (19,715 SF)
Zoning code I1
APN BROC M:036 R:806 S:
UPID US38-1774495

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2010
1 recorded transaction
2010
$130,000

Zoning & alternative use

I1 · Brockton, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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