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459 Prospect St Brockton, MA 02301-2534

OFF-MARKET Office buildings Google Maps
2,100 SF 0.23 ac lot Built 1964
Individually Owned 8-yr Hold
Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US38-1147067

Property summary

AI-generated overview

This exceptional property at 459 Prospect Street in Brockton, MA, presents a unique opportunity for both residential and commercial ventures. Situated on a sizable 0.23-acre lot, the building boasts five bedrooms and two bathrooms (one full, one half), providing generous living space ideal for a large family. The layout is well-suited for comfortable family living, offering plenty of room for relaxation and everyday life. However, the property's versatility extends beyond residential use. Its design and ample space make it an attractive option for a savvy business owner seeking a turnkey operation. The potential exists to leverage the existing business while simultaneously renting out a portion of the building, generating additional income streams. The property features convenient exterior parking, eliminating parking hassles for residents and clients alike. The building will be delivered vacant, allowing for immediate customization and occupancy. This presents a rare chance to acquire a property with significant potential for both residential and commercial success in a desirable Brockton location. Further photos will be available soon. The asking price is $485,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Total area 2,100 SF
Lot 0.23 ac (10,014 SF)
Zoning code C5
APN BROC M:032 R:109 S:
UPID US38-1147067

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2018
2 recorded transactions
2022
Price N/A
2018
$225,000

Zoning & alternative use

C5 · Brockton, MA

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
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