Back to Search
Property profile & analytics
FOR LEASE
Office buildings
333 Elm St Dedham, MA 02026
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0824736
For Lease
1 / 2
$7,520,000
333 Elm St, Dedham, MA 02026
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
44,457 SF
Lot
1.66 ac (72,310 SF)
Zoning code
LM
APN
DEDH M:0175 L:0001
UPID
US38-0824736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Elizabeth A. Foley, MD Physician
-
Tired as a Mother Medical Clinic
-
Northfloks place Business Service Center Corporate Office
-
Allison Gilmer Physician
-
Belly Rebuild Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.20M
Blend (final)
Blend
$7.52M
Owner & transaction history
Norfolk Pl Equity Part · 10 yrs held
Norfolk Pl Equity Part
since 2015
7 recorded transactions
Zoning & alternative use
LM · Dedham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dedham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dedham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,380,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$7.52M
Range $6.77M – $8.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$169 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$132,542
Tax year 2024
Assessed value
$5,121,400
Assessed 2024
Previous assessed
$4,821,200
+6.2% YoY
Effective rate
2.59%
On assessed value
Assessed land
$1,785,300
Assessed improvement
$3,336,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
10
Bathrooms
6
Total area
44,457 SF
Lot
1.66 ac (72,310 SF)
Zoning code
LM
APN
DEDH M:0175 L:0001
UPID
US38-0824736
Jurisdiction
DEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LM · Dedham, MA
Zoning LM · permitted uses
LM · Dedham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dedham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$11.4M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
10
Bathrooms
6
Lot
1.66 ac
Current owner
From public records · entity-resolved
Norfolk Pl Equity Part
Individual
Mailing address
150 E 58TH ST STE #2000, NEW YORK, NY 10155-2000
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Norfolk Pl Equity Partner
—
Deed
related
$8,775,000 · Digital FCU
Nov 13, 2017
—
Norfolk Pl Equity Part
—
Deed
related
$7,500,000 · Newburyport Five Cents Savings Bank
Dec 30, 2015
$7,822,500
Norfolk Pl Equity Part
Ns Norfolk Acquisition
Quit Claim Arm's Length For Ne States
$5,495,000 · Cambridge Svgs Bk
Aug 20, 2012
—
Ns Norfolk Acq LLC
—
Deed Of Trust
related
$200,000,000 · General Electric Capital Corp
Mar 27, 2008
—
Ns Norfolk Acquisitio LLC
—
Deed Of Trust
related
$74,500,000 · General Electric Capital Corp
Apr 11, 2006
$8,238,000
Ns Norfolk Acquisitio LLC
Rp Saracen Prop LLC
Grant Deed
$74,500,000 · General Electric Capital Corp
Apr 11, 2006
—
Ns Norfolk Acquisitio LLC
—
Deed Of Trust
related
$74,500,000 · General Electric Capital Corp
Jul 28, 2004
$3,703,560
Rp Saracen Properties LLC
Wells Avenue Holding
Grant Deed
—
Jul 28, 2004
$1
Rp Saracen Properties LLC
Wells Avenue Holding
Grant Deed
related
—
Jan 7, 1997
—
Ave Wells SR.
—
Deed Of Trust
related
$66,900,000 · Nomura Asset Capital
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
