Financial
Distress signals
Property profile

550 Turnpike St 2 Canton, MA 02021

FOR LEASE
Manufacturing properties
Property ID
US38-1159098
12,000 SF 1.8 ac lot Built 1968
Last sale Mar 2025 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
550 Turnpike St,Unit 2, Canton, MA 02021 For Lease
$25 SF/Yr 4,500 SF available
550 Turnpike St,Unit 2, Canton, MA 02021
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Property summary

AI-generated overview

A flexible commercial property in Canton on Turnpike Street with approximately 1,200 square feet of interior space. The building was constructed in 1968 and is zoned Commercial. The space is currently configured for professional office use, with included restrooms, and can be reconfigured into a more open layout suitable for retail or service-oriented uses. The premises provide public access and have on-site parking available for customers and staff, with street frontage that supports visibility from Turnpike Street.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$1.28M
Assessed land$471k
Assessed improvement$807k
Effective rate2.08%

Value estimate

· Sep 2026
$1.22M
$1.10M – $1.34M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$4k
Operating expenses−$21k
NOI · 191,464.00% cap applied$48k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$103 – $222
Qualifying comparables13

Cap rate analysis

How does the asset earn?
191,464.00%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
E. Restaurant Uses SR GR B CB LI LI (B) LI (C) I POS Restaurant or similar place for the service of food or beverages only to persons ins...
General categoryINDUSTRIAL
JurisdictionCANTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.5
Hair Salon13.0
Nail Salon11.6

Location

550 Turnpike St, Unit 2 Canton, MA 02021
County assessor Recorded deeds · 1 transfer 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
142 Will, Canton, MA 02021-3704 $1,500,000 Dec 2022 34,560 SF
9 Pequot, Canton, MA 02021-2305 $2,475,000 Jul 2022 12,000 SF
100 Energy, Canton, MA 02021-2897 $5,500,000 Dec 2021 31,916 SF
55 Nn, Canton, MA 02021-3354 $3,500,000 May 2021 38,400 SF
330 Pne, Canton, MA 02021-3366 $450,000 Oct 2019 17,064 SF
253 Revere, Canton, MA 02021-2920 $700,000 Sep 2019 9,975 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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