400 Cordwainer Dr, Norwell, MA 02061
For Sale
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This exceptional 2.87-acre parcel, located at 400 Cordwainer Drive in Norwell, Massachusetts (zip code 02061), presents a compelling investment opportunity. Situated in Accord Park, this commercially and industrially zoned land offers significant potential for development. The property boasts a total land area of over 125,147 square feet, with a proposed building area of over 20,300 square feet for a single-story structure. The convenient location provides easy access to Route 3 via Exit 35 (Old Exit 14), ensuring excellent visibility and accessibility for any future development. The property is serviced by municipal water and sewer, eliminating the need for costly septic system installation. The Business C zoning designation opens up a wide range of development possibilities, making this a highly versatile and attractive property for a variety of commercial or industrial uses. This prime location in Plymouth County offers a unique chance to establish a thriving business in a desirable area of Massachusetts. The asking price for this exceptional property is $1,300,000.
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
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.