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    Property profile & analytics

    81 Washington St Norwell, MA 02061-1715

    • Retail space
    • 2,483 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US38-0938839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 81 Washington St

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,483 SF
    Property type
    Retail space
    APN
    NORW M:12 L:23
    APU
    NORWM12L23

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwell
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8794
    Latitude
    42.1728
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,005
    $237,200
    $208,900
    $446,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $465,000
      1,808 SF

      29 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,808 SF
      29 Washington St, Norwell, MA 02061-1715
      View Details
    • Value Estimation by Request
      2,268 SF

      117 Pond St

      RETAIL STORES (PERSONAL SERVICES) • 2,268 SF
      117 Pond St, Norwell, MA 02061-1601
      View Details
    • Value Estimation by Request
      6,732 SF

      252 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 6,732 SF
      252 Washington St, Norwell, MA 02061-1706
      View Details
    • Value Estimation by Request
      9,204 SF

      428 Washington St, Unit 434

      RETAIL STORES (PERSONAL SERVICES) • 9,204 SF
      428 Washington St, Norwell, MA 02061-2008
      View Details
    • Value Estimation by Request
      2,707 SF

      714 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,707 SF
      714 Main St, Norwell, MA 02061-2342
      View Details
    • Value Estimation
      $215,000
      960 SF

      693 Main St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      693 Main St, Norwell, MA 02061-2305
      View Details

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    Similar Nearby for Lease

    • $1,395,000
      4,496 SF

      Renovated Showroom at Queen Anne's

      Recently renovated showroom and barn building in prime Norwell location.
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      View Details
    • $23 SF/Yr

      Prime Retail/Office Space Available

      Highly visible retail or office space with flexible terms.
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      View Details
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      Commercial Building with High Traffic

      Large commercial building for lease with ample parking.
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    • Contact for pricing
      2,200 SF

      Retail Space with Drive-Thru

      2,200 SF retail space with drive-thru available for lease.
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    • Contact for pricing
      1,796 SF

      Retail Space in Queen Anne Plaza

      Retail space available in a busy Norwell shopping center.
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    • $20 SF/Yr

      Versatile Commercial Space on Route 53

      Spacious 4300 SF commercial space with unique architectural features.
      392 Washington St, Norwell, MA 02061
      View Details
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    81 Washington St
    Norwell, MA 02061-1715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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