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Financial
Distress signals
Property profile

661 Pleasant St Norwood, MA 02062

FOR LEASE
Manufacturing properties
Property ID
US38-2256589
47,346 SF 3.51 ac lot Built 1996
Last sale Jun 2015 · $3,875,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

661 Pleasant St in Norwood, Massachusetts is a second-floor walkup office suite within a larger industrial/warehouse/office property. The suite provides approximately 2,258 rentable square feet, and the overall property totals approximately 147,346 square feet on a 3.51-acre lot. The building is situated near Norwood Center and Route 1, with surrounding access to amenities such as hotels, restaurants, shops, and banks.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$106k
Tax billed · 2024
Assessed value$4.42M
Assessed land$931k
Assessed improvement$3.49M
Effective rate2.39%

Value estimate

· Oct 2026
$5.95M
$5.35M – $6.54M
CAP approach$7.75M
Submarket $/SF estimate$5.81M
NOI build-up
Gross scheduled income$79k
Vacancy & credit loss−$13k
Operating expenses−$17k
NOI · 619,362.50% cap applied$50k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
619,362.50%
$50k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORWOOD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.5
Pharmacy17.0
Dental Office16.1

Location

661 Pleasant St Norwood, MA 02062
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

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

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
159 Morse, Norwood, MA 02062-4600 $3,192,000 Jan 2024 8,296 SF
59 Davis, Norwood, MA 02062-3031 $3,677,000 Sep 2023 96,600 SF
189 Dean, Norwood, MA 02062-4542 $1,500,000 Dec 2022 48,313 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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