Property profile

951 Boston Providence Tpke Norwood, MA 02062

OFF-MARKET
Retail properties & Spaces
Property ID
US38-0709933
13,171 SF 1.59 ac lot Built 1999
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1999
Construction STEEL FRAME
Total area 13,171 SF
Lot 1.59 ac (69,260 SF)
APN NORW M:00017 B:00009 L:00003
UPID US38-0709933

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

951 Boston Providence Tpke Norwood, MA 02062-4719
Norwood metro Census 413100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.45M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.99M

Owner & transaction history

since 2000
2 recorded transactions
2000
$5.0M
1998
$900,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $4.4M +14.5%
Auto repair, garage $4.2M +10.0%
Office building $3.9M +0.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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