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Property profile & analytics
FOR LEASE
Office buildings
683 Main St, Norwell, MA 02061
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0607469
For Lease
1 / 13
$27 SF/Yr
683 Main St, Norwell, MA 02061
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Property summary
AI-generated overview
This beautifully renovated 6,567 square foot traditional office building at 683 Main Street in Norwell, Massachusetts offers multiple tenancy options. Built in 1890, this Plymouth County property boasts one currently available suite measuring 880 square feet, perfect for a small business or professional practice. The building features large windows providing abundant natural light, creating a bright and welcoming atmosphere. The location is highly desirable, situated in Norwell Center, offering easy access to a variety of local amenities. Enjoy the convenience of ample parking, a significant advantage in this vibrant area. Within walking distance, you'll find popular establishments such as Shields General Store, Pour, Tinker's Son, and Cheever Tavern, providing numerous options for lunch, after-work gatherings, or client meetings. This property presents a unique opportunity to establish your business in a historic yet modernized setting, benefiting from both the charm of a classic building and the convenience of a prime location. The address is 683 Main Street, Norwell, MA 02061.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
FRAME
Total area
6,804 SF
Lot
1.03 ac (44,867 SF)
APN
NORW M:48 L:2
UPID
US38-0607469
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
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.17M
Owner & transaction history
M6 Capital LLC · 3 yrs held
M6 Capital LLC
since 2022
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+4.9%
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 Norwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwell 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
$1,000,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,710,000
Current use
RESTAURANT
$1,795,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,545,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$1,410,000
Change: -17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,405,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.15M (Jul 21 2022)
Last sale anchor
$1.15M
Jul 21 2022
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
$171 / 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
$14,173
Tax year 2024
Assessed value
$1,053,000
Assessed 2024
Previous assessed
$783,400
+34.4% YoY
Effective rate
1.35%
On assessed value
Assessed land
$429,400
Assessed improvement
$623,600
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
For Lease
Year built
1890
Construction
FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
2
Units
7
Total area
6,804 SF
Lot
1.03 ac (44,867 SF)
APN
NORW M:48 L:2
UPID
US38-0607469
Jurisdiction
NORWELL
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
$1.7M
RESTAURANT
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1890
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Buildings
1
Units
7
Lot
1.03 ac
Current owner
From public records · entity-resolved
M6 Capital LLC
Entity
Mailing address
683 MAIN ST, NORWELL, MA 02061-2346
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$1,150,000
M6 Capital LLC
Ragazzi LLC
Quit Claim Arm's Length For Ne States
$858,000 · Rockland Trust Co
Oct 31, 2013
—
Ragazzi LLC
—
Deed Of Trust
related
$500,000 · Scituate Fsla
Sep 26, 2003
—
Ragazzi LLC
—
Deed Of Trust
related
$500,000 · Citizens Bank Of Ma
Jan 7, 2000
$560,000
Ragazzi LLC
683 Main St T
Grant Deed
$420,000 · Scituate Fsla
Nov 28, 1988
—
683 Main St Trust
—
Deed Of Trust
related
$95,000 · Rockland Trust Co
Sep 24, 1987
—
683 Main St Tr
—
Deed Of Trust
related
$75,000 · Guaranty First Trust Co
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.
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