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    Property profile & analytics

    200 Cordwainer Dr Norwell, MA 02061-1671

    • Office buildings
    • 29,250 SF
    • 4.32 lot acres
    OFF-MARKET
    Value Estimation
    $3,720,000
    Last Sale
    Oct 02, 2020
    $3,200,000
    Location Intelligence
    Property ID
    US38-1386889
    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

    • Office buildings

    Property Details for 200 Cordwainer Dr

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.32 lot acres
    Property size
    29,250 SF
    Property type
    Office buildings
    APN
    NORW M:17 L:25
    APU
    NORWM17L25

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,300,000
      6.5%
      $2,965,000
      7%
      $2,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,800,000
      Geo Method
      $3,600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,850,000
      Retail
      $3,310,000
      Mixed-Use
      $3,080,000
      Hospitality
      $3,340,000
      Educational
      $2,895,000
      Residential Income
      $3,230,000
      Energy
      $2,735,000
      Income-Based Land
      $2,970,000
      Food Service
      $3,520,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8848
    Latitude
    42.164
    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
    $42,900
    $1,304,700
    $1,882,500
    $3,187,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,500 SF

      495 Washington St

      OFFICE BUILDING • 4,500 SF
      495 Washington St, Norwell, MA 02061-2071
      View Details
    • Value Estimation by Request
      11,307 SF

      306 Washington St

      OFFICE BUILDING • 11,307 SF
      306 Washington St, Norwell, MA 02061-1765
      View Details
    • Value Estimation
      $985,000
      11,804 SF

      40 Accord Park Dr

      OFFICE BUILDING • 11,804 SF
      40 Accord Park Dr, Norwell, MA 02061-1613
      View Details
    • Value Estimation by Request
      49,173 SF

      600 Cordwainer Dr

      OFFICE BUILDING • 49,173 SF
      600 Cordwainer Dr, Norwell, MA 02061-1644
      View Details
    • Value Estimation by Request
      46,877 SF

      120 Longwater Dr

      OFFICE BUILDING • 46,877 SF
      120 Longwater Dr, Norwell, MA 02061-1653
      View Details
    • Value Estimation
      $1,660,000
      13,767 SF

      167 Washington St

      OFFICE BUILDING • 13,767 SF
      167 Washington St, Norwell, MA 02061-1797
      View Details

    Similar Nearby for Sale

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      Flexible industrial condo with office, warehouse, and mezzanine layout.
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    • $575,000
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      Redevelopment Opportunity: Jacob Reed Barn

      Rare opportunity with redevelopment potential in a desirable Norwell neighborhood.
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    • Contact for pricing
      1.50 Acres

      Prime Norwell Commercial Building

      Multi-tenant building, ample parking, great visibility.
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    Similar Nearby for Lease

    • $2,750 /Mo

      Renovated Office Building For Rent

      Two-story office building renovated in 2019 with modern updates.
      101 Accord Park Dr, Norwell, MA 02061
      View Details
    • $23 SF/Yr

      Prime Retail/Office Space Available

      Highly visible retail or office space with flexible terms.
      124 Washington St, Norwell, MA 02061
      View Details
    • $21 SF/Yr
      2,743 SF

      Norwell Office Space For Rent

      Second floor office space with Route 53 visibility.
      306 Washington St, Norwell, MA 02061
      View Details
    • $3,000 /Mo

      Commercial Building with High Traffic

      Large commercial building for lease with ample parking.
      252 Washington St, Norwell, MA 02061
      View Details
    • $10 SF/Yr
      2,306 SF

      Norwell Office Space For Rent

      Office space in Norwell with ample parking and high visibility.
      263 Washington St, Norwell, MA 02061
      View Details
    • $18 SF/Yr
      1,149 SF

      Professional Office Space Available

      Well-maintained office building with spaces available for lease.
      164 Washington St, Norwell, MA 02061
      View Details
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    200 Cordwainer Dr
    Norwell, MA 02061-1671
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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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