New search
Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Office buildings
5 Walpole St, Norwood, MA 02062-3351
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1482535
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
FRAME
Total area
4,398 SF
Lot
0.18 ac (7,704 SF)
APN
NORW M:00002 B:00010 L:00009
UPID
US38-1482535
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
Current use
Occupant on record · Public records
-
Primary Care Medical Associates Llc Medical Clinic
-
Max A. Cavallaro, MA Counselor
-
Jill S. Goldberg Arnold, PHD Physician Medical Clinic
-
Richard Atwood, PHD Physician Medical Clinic
-
Mine Erkan, Psy.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$910k
Owner & transaction history
Jonathan Drive RT · 19 yrs held
Jonathan Drive RT
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+14.2%
Auto repair, garage
$1.4M
+9.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,290,000
Current use
COMMERCIAL (GENERAL)
$1,475,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,415,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,290,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$207 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,615
Tax year 2024
Assessed value
$569,200
Assessed 2024
Previous assessed
$569,200
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$224,300
Assessed improvement
$344,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
7
Rooms
10
Bathrooms
2
Total area
4,398 SF
Lot
0.18 ac (7,704 SF)
APN
NORW M:00002 B:00010 L:00009
UPID
US38-1482535
Jurisdiction
NORWOOD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
7
Rooms
10
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Jonathan Drive RT
Individual
Mailing address
190 N MAIN ST, NATICK, MA 01760-2057
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2013
—
Jonathan Drive RT
—
Deed Of Trust
related
$700,000 · Rockland Trust Co
Sep 15, 2006
$857,600
Jonathan Drive RT
White House RT
Grant Deed
$377,716 · Anthony A Franchi
Oct 12, 2004
—
House RT White
—
Deed Of Trust
related
$200,000 · Waban Mortgage Co
Aug 27, 2003
—
House RT White
—
Deed Of Trust
related
$100,000 · Waban Mortgage Co
Feb 10, 2003
$130,000
House RT White
Morgage Master INC
Grant Deed
$361,600 · Dedham Inst For Savings
Jun 11, 2002
—
Timothy E Maguire
—
Deed Of Trust
related
$140,000 · Mortgage Master INC
Jan 30, 2001
—
James T Nealon
—
Deed Of Trust
related
$131,000 · Mortgage Master INC
Oct 18, 2000
—
Christine M Watson
—
Deed Of Trust
related
$175,000 · Mortgage Master INC
Feb 7, 1994
—
Stephen M Nolan
—
Deed Of Trust
related
$263,000 · Mortgage Master INC
May 31, 1990
$260,000
Mtg Master INC
Crockett,dorothy E
Grant Deed
$195,000 · Cooperative Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 5 Walpole 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
