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    FOR LEASE
    Office buildings

    62 Accord Park Dr, Norwell, MA 02061

    8,173 SF 1.12 ac lot Built 1979
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US38-1844968
    Property summary
    AI-generated overview

    This exceptional office space, located at 62 Accord Park Drive in Norwell, Massachusetts, offers a unique opportunity for businesses seeking a prestigious location. The property, a Class B building constructed in 1979, boasts a total of 9,469 square feet, with 7,954 square feet currently vacant and available for lease. The space is ideal for multiple tenants, offering flexible options ranging from a minimum of 1,300 square feet to a maximum contiguous space of 3,000 square feet. Situated in Plymouth County, this property benefits from its convenient location, providing direct access to Route 3/Exit 14, ensuring easy commuting for employees and clients. The building is exceptionally well-maintained and offers ample parking, a significant advantage in this area. Its location within Accord Park also places it in close proximity to a variety of amenities, including restaurants and shopping, enhancing the overall convenience and appeal for tenants. The property's diverse zoning allows for retail, office, and restaurant uses, making it a versatile option for a range of businesses. This is a rare opportunity to secure high-quality office space in a desirable location with excellent accessibility and ample amenities. The property is zoned for multiple uses, including executive office, commercial, office condo, and office building. Contact us today to learn more about this outstanding opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1979
    Construction FRAME
    Total area 8,173 SF
    Lot 1.12 ac (48,787 SF)
    APN NORW M:17 L:7
    UPID US38-1844968
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.58M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.54M
    Blend (final) Blend
    $1.58M
    Owner & transaction history
    Cgpg LLC · 4 yrs held
    Cgpg LLC
    since 2022
    Last sale
    $1.6M
    7 recorded transactions
    2022
    $1.6M
    2019
    2012
    2004
    $900,000
    2001
    2001
    $1.0M
    1999
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.2M +4.9%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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