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    Property profile & analytics

    428 University Ave Norwood, MA 02062-2637

    • Warehouses
    • 26,208 SF
    • 5.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0741628
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grainger Industrial Supply / Janitorial Equipment Supplier / Tool Store
    • FedEx Drop Box / Mailing Service

    Property Details for 428 University Ave

    Year built
    1977
    Construction
    STEEL FRAME
    Lot size
    5.45 lot acres
    Property size
    26,208 SF
    Property type
    Warehouses
    APN
    NORW M:00022 B:00018 L:00001
    APU
    NORWM00022B00018L00001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1576
    Latitude
    42.1976
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $62,491
    $1,545,400
    $1,067,100
    $2,612,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      19,260 SF

      31 Astor Ave

      WAREHOUSE, STORAGE • 19,260 SF
      31 Astor Ave, Norwood, MA 02062-5016
      View Details
    • Value Estimation by Request
      4,950 SF

      Morgan Dr

      WAREHOUSE, STORAGE • 4,950 SF
      Morgan Dr, Norwood, MA 02062
      View Details
    • Value Estimation
      $2,780,000
      8,791 SF

      153 Morse St

      WAREHOUSE, STORAGE • 8,791 SF
      153 Morse St, Norwood, MA 02062-4600
      View Details
    • Value Estimation by Request
      56,010 SF

      425 University Ave

      WAREHOUSE, STORAGE • 56,010 SF
      425 University Ave, Norwood, MA 02062-2636
      View Details
    • Value Estimation by Request
      59,793 SF

      129 Morgan Dr

      WAREHOUSE, STORAGE • 59,793 SF
      129 Morgan Dr, Norwood, MA 02062-5014
      View Details
    • Value Estimation by Request
      71,420 SF

      505 University Ave

      WAREHOUSE, STORAGE • 71,420 SF
      505 University Ave, Norwood, MA 02062-2636
      View Details

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    Similar Nearby for Lease

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      98,913 SF available with yard and trailer parking.
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    • $3,500 /Mo

      Free-Standing Building with Endless Potential

      Free-standing building with showroom, offices, and warehouse space for lease.
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      Office, medical, and flex space available for lease.
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    • $9 SF/Yr
      8,314 SF

      Norwood Flex Space Sublease

      Flex space available for sublease in Norwood, Massachusetts.
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    Property Visit Statistics

    • Visits by month
      3.0k
    • Visitors by month
      2.3k
    • Avg Time on site
      13 min
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    428 University Ave
    Norwood, MA 02062-2637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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