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    Property profile & analytics

    378 Worcester St Norton, MA 02766-3401

    • Warehouses
    • 20,600 SF
    • 8.24 lot acres
    OFF-MARKET
    Value Estimation
    $4,235,000
    Last Sale
    Oct 18, 2024
    $4,250,000
    Location Intelligence
    Property ID
    US38-2256272
    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

    • Thermo King Northeast / Truck Repair Shop / Truck Accessories Store
    • MAP Food Service / Food / Food Service

    Property Details for 378 Worcester St

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.24 lot acres
    Property size
    20,600 SF
    Property type
    Warehouses
    APN
    NORT M:32 P:16
    APU
    NORTM32P16

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,295,000
      6.5%
      $4,245,000
      7%
      $3,905,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,910,000
      Geo Method
      $4,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,675,000
      Retail
      $4,440,000
      Mixed-Use
      $4,460,000
      Hospitality
      $4,195,000
      Educational
      $4,905,000
      Residential Income
      $4,130,000
      Energy
      $4,115,000
      Income-Based Land
      $4,750,000
      Food Service
      $3,920,000

    Location Insight

    • Map
    • Local Demand
    City
    Norton
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1837
    Latitude
    41.939
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 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
    $27,518
    $666,100
    $1,322,200
    $1,988,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $11,505,000
      42,177 SF

      50 Commerce Way

      WAREHOUSE, STORAGE • 42,177 SF
      50 Commerce Way, Norton, MA 02766-3322
      View Details
    • Value Estimation
      $13,910,000
      351,950 SF

      192 Mansfield Ave

      WAREHOUSE, STORAGE • 351,950 SF
      192 Mansfield Ave, Norton, MA 02766-1306
      View Details
    • Value Estimation
      $205,000
      0.93 Acres

      353 Old Colony Rd

      WAREHOUSE, STORAGE • 0.93 Acres
      353 Old Colony Rd, Norton, MA 02766-2016
      View Details
    • Value Estimation by Request
      559,641 SF

      45 Commerce Way

      WAREHOUSE, STORAGE • 559,641 SF
      45 Commerce Way, Norton, MA 02766-3313
      View Details
    • Value Estimation by Request
      49,432 SF

      222 Mansfield Ave

      WAREHOUSE, STORAGE • 49,432 SF
      222 Mansfield Ave, Norton, MA 02766-1306
      View Details
    • Value Estimation
      $14,075,000
      60,000 SF

      48 Leonard St

      WAREHOUSE, STORAGE • 60,000 SF
      48 Leonard St, Norton, MA 02766-2412
      View Details

    Similar Nearby for Sale

    • $2,450,000

      Industrial Warehouse on 1.76 Acres

      10,000 sqft industrial warehouse on 1.76 acres.
      340 South Worcester St, Norton, MA 02766
      View Details
    • $1,500,000
      8.31 Acres

      8.31 Acres Industrial Land, Taunton, MA

      Prime Industrial Land near 495. Cleared lot, buildable.
      0 Washington St, Taunton, MA 02766
      View Details
    • $2,000,000
      5.96 Acres

      Prime Norton Industrial Land

      5.96 Acres, Approved for Development
      300 Washington St, Norton, MA 02766
      View Details
    • $3,500,000
      31,667 SF

      Retail Buildings on Busy Street

      Two buildings for sale with existing tenants and vacancy.
      33-35 W Main St, Norton, MA 02766
      View Details
    • $219,900

      12+ Acres of Wooded Land

      Over 12 acres of agricultural land, conveniently located.
      Leonard St, Norton, MA 02766
      View Details
    • $550,000

      Remodeled Two-Family Home in Norton

      Two-unit property in Norton, ideal for owners or investors.
      378 Old Colony Rd, Norton, MA 02766
      View Details

    Similar Nearby for Lease

    • $1,700 /Mo

      Commercial Warehouse Space Available

      1,200 sq ft warehouse space near Rt. 495.
      115 Taunton Ave, Norton, MA 02766
      View Details
    • Contact for pricing
      21,000 SF

      21,000 SF Truck/Vehicle Facility

      21,000 SF truck/vehicle maintenance facility with 5 AC pavement.
      380 S Worcester St, Norton, MA 02766
      View Details
    • Contact for pricing
      78,788 SF

      Greatwoods Marketplace Retail Space

      Norton, MA Shopping Center - 78,788 SF
      175 Mansfield Ave, Norton, MA 02766
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in Norton, Massachusetts.
      Norton Ma Usa, Norton, MA 02766
      View Details
    • $30 SF/Yr
      2,000 SF

      Retail Endcap Unit For Lease

      Endcap retail unit in high-traffic area, convenient location.
      246 E Main St, Norton, MA 02766
      View Details
    • $8 SF/Yr
      4,300 SF

      Retail Space in Norton, MA

      Freestanding retail building with spaces available for immediate occupation.
      33 W Main St, Norton, MA 02766
      View Details
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    378 Worcester St
    Norton, MA 02766-3401
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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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