Contact for pricing 1,241 SF available

3 David Rd, Norfolk, MA 02056
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This property consists of newer construction commercial/industrial bays configured with high-stud warehouse space. The bay includes 12' x 14' drive-in doors, on-site parking, and electrical service of 110–220V with 100-amp capacity. The space is approximately 1,241 square feet. The property is located directly off Route 115 on David Road, within an industrial area, with access to Routes 1A, 1, 495, and 95.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$11k

Tax billed · 2024

Assessed value$682k

Assessed land$193k

Assessed improvement$489k

Effective rate1.56%

Value estimate

· Oct 2026

$440k

$396k – $484k

Submarket $/SF estimate$1.22M

NOI build-up

Gross scheduled income$20k

Vacancy & credit loss−$1k

Operating expenses−$6k

NOI · 668.35% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$173/SF

County average, outlier-cleaned · 93 recorded sales of this use type

Observed band · Q1–Q3$92 – $267

Cap rate analysis

How does the asset earn?

668.35%

$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORFOLK

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service9.8

Hair Salon9.4

Furniture Store9.0

3 David Rd Norfolk, MA 02056

County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby

Address Sale price Sold Size

124 Main, Norfolk, MA 02056-1445 $1,020,000 Jan 2026 7,029 SF

20 Shire, Norfolk, MA 02056 $945,350 Sep 2024 25,800 SF

7 Shire, Norfolk, MA 02056-1579 $285,000 Apr 2021 6,000 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$895,000

7,460 SF

17 Shire Dr

MANUFACTURING (LIGHT)

17 Shire Dr, Norfolk, MA 02056-1579

View Details
Value Estimation
$1,000,000

7,200 SF

19 Shire Dr

MIXED USE (COMMERCIAL/INDUSTRIAL)

19 Shire Dr, Norfolk, MA 02056-1579

View Details
Value Estimation
$980,000

7,029 SF

124 Main St

MANUFACTURING (LIGHT)

124 Main St, Norfolk, MA 02056-1445

View Details
Value Estimation
$900,000

9,000 SF

6 Hl St

MANUFACTURING (LIGHT)

6 Hl St, Norfolk, MA 02056-1628

View Details
Value Estimation
$335,000

6,000 SF

7 Shire Dr

MANUFACTURING (LIGHT)

7 Shire Dr, Norfolk, MA 02056-1579

View Details
Value Estimation
$650,000

5,000 SF

8 Sherwood Dr

WAREHOUSE, STORAGE

8 Sherwood Dr, Norfolk, MA 02056-1608

View Details

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3 David Rd Norfolk, MA 02056

Property summary