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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    35 Commercial Dr Wrentham, MA 02093

    • Commercial real estate
    • 5,363 SF
    • 8.73 lot acres
    For Lease
    View listing
    Value Estimations
    $665,000
    Cap Rate Potential
    9.7%
    Commercial real estate
    Location Intelligence
    Property ID
    US38-0552019
    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

    • Millennium Marble and Granite, LLC / Countertop Store / Granite Supplier
    • Arcadia Excavation / Excavating Contractor

    Property Details for 35 Commercial Dr

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.73 lot acres
    Property size
    5,363 SF
    Zone code
    C-2 80
    Property type
    Commercial real estate
    APN
    WREN M:O-07 B:02 L:04
    APU
    WRENMO07B02L04

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $530,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $865,000
      6.5%
      $795,000
      7%
      $740,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wrentham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3015
    Latitude
    42.053
    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
    2023
    $14,087
    $652,300
    $1,056,700
    $1,709,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $700,000
      1,659 SF

      185 Ss St

      COMMERCIAL (GENERAL) • 1,659 SF
      185 Ss St, Wrentham, MA 02093-1554
      View Details
    • Value Estimation
      $12,250,000
      5,005 SF

      15 Ledgeview Way

      COMMERCIAL (GENERAL) • 5,005 SF
      15 Ledgeview Way, Wrentham, MA 02093-1952
      View Details
    • Value Estimation
      $600,000
      1.30 Acres

      26 Industrial Rd

      COMMERCIAL (GENERAL) • 1.30 Acres
      26 Industrial Rd, Wrentham, MA 02093-1205
      View Details
    • Value Estimation
      $480,000
      15.81 Acres

      15 Commerce Blvd

      COMMERCIAL (GENERAL) • 15.81 Acres
      15 Commerce Blvd, Wrentham, MA 02093
      View Details
    • Value Estimation
      $555,000
      7,670 SF

      30 Commercial Dr

      SHOW ROOM, WAREHOUSE • 7,670 SF
      30 Commercial Dr, Wrentham, MA 02093-1941
      View Details
    • Value Estimation
      $1,745,000
      82,680 SF

      1007 Ss St

      COMMERCIAL (GENERAL) • 82,680 SF
      1007 Ss St, Wrentham, MA 02093
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.88 Acres

      Wrentham Commercial Land - 5.88 Acres

      Prime Commercial Land, Route 1, Wrentham, MA
      485 Washington St, Wrentham, MA 02093
      View Details
    • $3,295,000
      6.82 Acres

      Wrentham Commercial Land - 6.82 Acres

      Prime Commercial Development Site in Wrentham, MA
      483 Thurston St, Wrentham, MA 02093
      View Details
    • $179,000

      Versatile Office Condo For Sale

      Bright, two-story end unit ideal for owner-occupant or investor.
      844 Franklin St, Wrentham, MA 02093
      View Details
    • $3,795,000

      Wrentham Land For Sale

      Land available for sale in Wrentham, Massachusetts.
      120 Washington St, Wrentham, MA 02093
      View Details
    • $299,000
      9.24 Acres

      Wrentham Land for Sale

      9+ acre wooded parcel in Wrentham, Massachusetts.
      440 Chestnut St, Wrentham, MA 02093
      View Details
    • $3,450,000

      Commercial Land Near Outlet Mall

      5+ acres of C2 zoned land near Premium Outlet Mall.
      1222 South St, Wrentham, MA 02093
      View Details

    Similar Nearby for Lease

    • $4,300 /Mo

      Office Space on Route 1

      Office spaces for rent in a prime location.
      475 Washington St 2-1A&B, Wrentham, MA 02093
      View Details
    • $475 /Mo

      Modern Office Space Available

      Bright office space with utilities included and flexible lease terms.
      25 Commercial Dr, Wrentham, MA 02093
      View Details
    • Contact for pricing
      342,375 SF

      Wrentham Warehouse with Highway Access

      High bay warehouse with ample parking and highway access.
      275 Green St, Wrentham, MA 02093
      View Details
    • Contact for pricing
      176,800 SF

      Wrentham Warehouse with Immediate I-495 Access

      176,800 RSF warehouse with 32' clear height and ample parking.
      315 Green St, Wrentham, MA 02093
      View Details
    • $2,000 /Mo

      Wrentham Office Space For Rent

      First floor office space with great visibility and ample parking.
      685 South St, Wrentham, MA 02093
      View Details
    • Contact for pricing
      9,032 SF

      Wrentham Office Space Available

      9,032 SF office space for rent in Wrentham, MA.
      24 Common St, Wrentham, MA 02093
      View Details
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    35 Commercial Dr
    Wrentham, MA 02093
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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