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Property profile & analytics
FOR LEASE
Industrial properties
380 S Worcester St, Norton, MA 02766
Entity Owned
~
Est. High Equity
Property ID
US38-1505066
For Lease
1 / 2
$630,000
380 S Worcester St, Norton, MA 02766
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
26.34 ac (1,147,370 SF)
APN
NORT M:32 P:18
UPID
US38-1505066
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
380 Worcester St LLC
380 Worcester St LLC
since 2026
7 recorded transactions
Zoning & alternative use
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 Norton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norton 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
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$261,795
Tax year 2022
Assessed value
$25,065,820
Assessed 2024
Previous assessed
$24,139,020
+3.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$4,934,500
Assessed improvement
$20,131,320
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Buildings
2
Lot
26.34 ac (1,147,370 SF)
APN
NORT M:32 P:18
UPID
US38-1505066
Jurisdiction
NORTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
26.34 ac
Current owner
From public records · entity-resolved
380 Worcester St LLC
Entity
Mailing address
140 MORGAN DR, NORWOOD, MA 02062-5013
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
$61,850,000
380 Worcester St LLC
Dowe Realty II LLC
Deed
$50,000,000 · Bsp Odf II Fin LLC
Sep 19, 2018
$1,750,000
Rhino Norton Ptrs 1
Ssi Norton Ptrs Prop
Quit Claim Deed
—
Sep 19, 2018
—
Rhino Norton Ptrs 1
Ssi Norton Ptrs Prop
Quit Claim Deed
related
—
Dec 29, 2017
$100,000
Dowe Realty 2 LLC
Ssi Norton Partners Pr
Quit Claim Arm's Length For Ne States
$23,200,000 · Peoples United Bank
Dec 29, 2017
$22,900,000
Dowe Realty 2 LLC
Ssi Norton Partners Prop
Quit Claim Deed
—
Nov 24, 2015
$18,199,302
Ssi Norton Partners Pr
Cpwl Norton LLC
Quit Claim Arm's Length For Ne States
$13,750,000 · Customers Bank
Nov 24, 2015
$952,698
Ssi Norton Partners Prop
Cpwl Norton LLC
Quit Claim Deed
—
Dec 23, 2013
$12,200,000
Cpwl Norton LLC
Sysco Boston LLC
Quit Claim Deed
$6,500,000 · Boston Private Bank
—
—
Cpwl Norton LLC
—
Deed Of Trust
related
$12,199,900 · Ft Calare Lender LLC
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.
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