399 Old Colony Rd Norton, MA 02766-2043
This exceptional 7,600 square foot freestanding medical office building is ideally situated at 399 Old Colony Road in Norton, Massachusetts, within Bristol County. Built in 1999, the property offers a single-tenant occupancy opportunity, perfect for a variety of uses including medical, wellness, educational, or retail businesses. Previously utilized as an adult daycare center, the building boasts several ADA-compliant bathrooms, a sizable kitchen area, and multiple classrooms, catering to diverse operational needs. A convenient covered drop-off/pick-up area enhances accessibility and convenience for clients and staff. The property benefits from excellent visibility and signage opportunities along Route 123, a key thoroughfare connecting Route 95 to Route 495, ensuring high traffic exposure and brand recognition. Its strategic location offers close proximity to the Norton Town Center and Wheaton College, providing access to a substantial and diverse population base. This turnkey property presents a rare opportunity to acquire a well-maintained, functional building in a prime location, ready for immediate occupancy and tailored to a variety of business models. The property's 02766 zip code and its coordinates (41.9531344 latitude, -71.2396662 longitude) further define its advantageous position within the thriving Norton community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.