Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9 Canton St Randolph, MA 02368-2424

    • Office buildings
    • 2,978 SF
    • 0.39 lot acres
    OFF-MARKET
    Last Sale
    Jan 06, 2022
    $825,000
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    7.8%
    Office buildings
    Location Intelligence
    Property ID
    US38-0380916
    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

    • Joseph R Doktor / Law Firm
    • McGrath & Marsh / Law Firm
    • Kayur P. Shah Attorney At Law / Law Firm
    • Carline Jean-Baptiste, PHD / Physician
    • Human Touch Therapeutic / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 9 Canton St

    Year built
    2002
    Construction
    FRAME
    Lot size
    0.39 lot acres
    Property size
    2,978 SF
    Zone code
    WCBD
    Property type
    Office buildings
    APN
    RAND M:22 B:A L:013
    APU
    RANDM22BAL013

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $900,000
      ML approach
      $860,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,160,000
      6.5%
      $1,070,000
      7%
      $995,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,150,000
      Market price range: $476k - $1.35M
      AI Estimate
      $566,000
      Market price range: $194k - $649k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $875,000
      Current use
      AUTO REPAIR, GARAGE
      $960,000
      Change: +10% Conversion: Difficult
      RETAIL STORES
      $870,000
      Change: -0% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $760,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0561
    Latitude
    42.1858
    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
    $15,339
    $345,800
    $346,100
    $691,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,830,000
      9,912 SF

      950 Main St

      OFFICE BUILDING • 9,912 SF
      950 Main St, Randolph, MA 02368-3064
      View Details
    • Value Estimation
      $1,180,000
      5,300 SF

      1137 Main St

      OFFICE BUILDING • 5,300 SF
      1137 Main St, Randolph, MA 02368-2126
      View Details
    • Value Estimation
      $1,705,000
      10,000 SF

      21 Mazzeo Dr

      OFFICE BUILDING • 10,000 SF
      21 Mazzeo Dr, Randolph, MA 02368-3448
      View Details
    • Value Estimation
      $10,040,000
      9,116 SF

      34 Scanlon Dr

      OFFICE BUILDING • 9,116 SF
      34 Scanlon Dr, Randolph, MA 02368-1745
      View Details
    • Value Estimation
      $4,970,000
      29,768 SF

      50 Thomas Patten Dr

      OFFICE BUILDING • 29,768 SF
      50 Thomas Patten Dr, Randolph, MA 02368-3975
      View Details
    • Value Estimation
      $840,000
      3,292 SF

      44 Diauto Dr

      OFFICE BUILDING • 3,292 SF
      44 Diauto Dr, Randolph, MA 02368-4536
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Turn-Key Retail Investment Opportunity

      Well-maintained commercial property with three retail units in Randolph.
      35 N Main St, Randolph, MA 02368
      View Details
    • $850,002
      3,560 SF

      Retail Showroom in Central Business District

      Two-story retail showroom in Randolph's Central Business District.
      73 N Main St, Randolph, MA 02368
      View Details
    • Contact for pricing
      Pending

      Side-by-Side Two-Family Home

      Two-family home with potential in a desirable neighborhood.
      10 Michael Rd, Randolph, MA 02368
      View Details
    • $950,000
      4,672 SF

      Randolph MA Investment Property

      Two Buildings, 4672 sq ft, Gated Lot
      641 North Main Street, Randolph, MA 02368
      View Details
    • $649,000

      Randolph/Avon Fenced Lot For Sale

      Under 1 acre fenced lot in Randolph/Avon with high visibility.
      747 South Main St, Randolph, MA 02368
      View Details
    • $649,000

      Randolph/Avon Fenced Commercial Lots

      Under 1 acre, high visibility, business/commercial zoning, endless possibilities.
      747 South Main St, Randolph, MA 02368
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      30,000 SF

      Randolph Medical Office Space

      15,000 SF Medical Office Available
      50 Thomas Patten Dr, Randolph, MA 02368
      View Details
    • Contact for pricing
      1,000 SF

      Randolph Office Space For Rent

      Office space available for rent in Randolph, Massachusetts.
      900 N Main St, Randolph, MA 02368
      View Details
    • Contact for pricing
      7,190 SF

      Plug and Play Office Sublease

      7,190 SF office space available for sublease near Boston.
      15 Pacella Park Dr, Randolph, MA 02368
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Randolph Center

      Retail space in a high-traffic Randolph shopping center.
      19 Memorial Pkwy, Randolph, MA 02368
      View Details
    • Contact for pricing
      3,600 SF

      Randolph Industrial Park Flex Space

      Versatile industrial spaces with modern infrastructure and strategic connectivity.
      48-52 Teed Dr, Randolph, MA 02368
      View Details
    • Contact for pricing
      5,000 SF

      Versatile Industrial Spaces For Rent

      Industrial spaces with loading docks, ideal for warehousing and manufacturing.
      29-39 Teed Dr, Randolph, MA 02368
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9 Canton St
    Randolph, MA 02368-2424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!