Property profile

206 Main St Norfolk, MA 02056

OFF-MARKET
Retail space
Property ID
US38-0946804
8,446 SF 1.16 ac lot Built 1983
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A contemporary mixed-use commercial building of approximately 1,100 square feet located on Main Street in Norfolk, Massachusetts, near the commuter rail. The space is configured for office use and may also support activities such as dance, yoga, and showroom use, with bright interior areas, private office(s), and dedicated showroom space. The building includes lighting and windows, and provides on-site parking. The location offers convenient access to nearby amenities including restaurants, banks, stores, and other food options.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,446 SF
Lot 1.16 ac (50,530 SF)
APN NORF M:0014 B:0049 L:0024
UPID US38-0946804

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
  • Landscaping General Contractor
  • Hair Salon Nail Salon
  • Insurance Agency
  • Dental Office
  • Training Center

Location

206 Main St Norfolk, MA 02056-1373
Norfolk metro Census 409102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$565k

Owner & transaction history

since 2008
7 recorded transactions
2024
Price N/A
2008
$1.3M
2005
Price N/A
2002
$150,000
1999
Price N/A
1994
$35,000
1989
Price N/A

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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