Property profile

20 Broadway Norwood, MA 02062

OFF-MARKET
Retail space
Property ID
US38-1418402
9,128 SF 0.54 ac lot Built 1970
Individually Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,128 SF
Lot 0.54 ac (23,545 SF)
APN NORW M:00001 B:00003 L:00001
UPID US38-1418402

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
  • Hair Salon Nail Salon
  • Restaurant
  • Restaurant
  • Restaurant
  • Training Center Sports School

Location

20 Broadway Norwood, MA 02062-6500
Norwood metro Census 413401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.39M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.96M

Owner & transaction history

since 2016
7 recorded transactions
2024
Price N/A
2023
Price N/A
2021
Price N/A
2019
Price N/A
2017
Price N/A
2016
$1.6M
1989
$840,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.1M +14.5%
Auto repair, garage $2.9M +10.0%
Office building $2.7M +0.2%

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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