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    Property profile & analytics

    2 Edgewater Dr Norwood, MA 02062-4637

    • Office buildings
    • 100,012 SF
    • 7.11 lot acres
    OFF-MARKET
    Value Estimation
    $25,800,000
    Last Sale
    Aug 24, 2022
    $24,500,000
    Location Intelligence
    Property ID
    US38-1508882
    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

    • Siemens Healthcare Diagnostics / Store / Medical Equipment Supplier
    • BROOKSIDE OFFICE PARK / Business Park
    • Myrmidon Networks Inc / Computer Networking Service / Computer Security Service

    Property Details for 2 Edgewater Dr

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    7.11 lot acres
    Property size
    100,012 SF
    Property type
    Office buildings
    APN
    NORW M:00015 B:00003 L:00003
    APU
    NORWM00015B00003L00003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $26,695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $24,675,000
      6.5%
      $23,910,000
      7%
      $23,170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $23,060,000
      Geo Method
      $23,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $23,790,000
      Retail
      $23,730,000
      Mixed-Use
      $25,415,000
      Hospitality
      $21,470,000
      Educational
      $22,580,000
      Residential Income
      $23,460,000
      Energy
      $21,560,000
      Income-Based Land
      $23,375,000
      Food Service
      $22,695,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2037
    Latitude
    42.162
    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
    $491,463
    $5,797,200
    $14,748,900
    $20,546,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,960 SF

      10 Forbes Ave

      OFFICE BUILDING • 16,960 SF
      10 Forbes Ave, Norwood, MA 02062-3919
      View Details
    • Value Estimation by Request
      103,972 SF

      100 Riv Rdg Dr

      OFFICE BUILDING • 103,972 SF
      100 Riv Rdg Dr, Norwood, MA 02062-5030
      View Details
    • Value Estimation by Request
      91,982 SF

      1 Edgewater Dr

      OFFICE BUILDING • 91,982 SF
      1 Edgewater Dr, Norwood, MA 02062-4674
      View Details
    • Value Estimation
      $730,000
      1,224 SF

      212 Pleasant St

      OFFICE BUILDING • 1,224 SF
      212 Pleasant St, Norwood, MA 02062-4811
      View Details
    • Value Estimation
      $305,000
      845 SF

      1095 Pleasant St

      OFFICE BUILDING • 845 SF
      1095 Pleasant St, Norwood, MA 02062-4609
      View Details
    • Value Estimation
      $535,000
      4,398 SF

      5 Walpole St

      OFFICE BUILDING • 4,398 SF
      5 Walpole St, Norwood, MA 02062-3351
      View Details

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    Similar Nearby for Lease

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      First class medical office space for rent in Norwood.
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    • $13 SF/Yr
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      Norwood Office Space For Rent

      Office space available for lease in Norwood, Massachusetts.
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      8,960 SF

      Move-In Ready Suburban Office Suites

      Newly renovated office suites centrally located between Boston and Providence.
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    • Contact for pricing
      3,500 SF

      Norwood Executive Office Suite

      Modern Office Condo, Flexible Lease Options
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      View Details
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    2 Edgewater Dr
    Norwood, MA 02062-4637
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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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