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    FOR SALE
    Commercial land

    400 Cordwainer Dr, Norwell, MA 02061

    2.87 ac lot
    Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US38-2084464
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.87 ac (125,017 SF)
    APN NORW M:17 L:87
    UPID US38-2084464
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Dale R Valicenti · 21 yrs held
    Dale R Valicenti
    since 2005
    1 recorded transaction
    2005
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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