Property profile

424 Washington St Norwell, MA 02061

OFF-MARKET
Car washes
Property ID
US38-0739647
6,576 SF 1.8 ac lot Built 1988
Individually Owned 34-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,576 SF
Lot 1.8 ac (78,408 SF)
APN NORW M:34 L:15
UPID US38-0739647

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash
  • Car Wash

Location

424 Washington St Norwell, MA 02061-2008
Norwell metro Census 504101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 1991
4 recorded transactions
1991
$720,000
1991
Price N/A
1991
$1.4M
1988
$1.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 424 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message