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    Property profile & analytics

    Philip Dr Norwell, MA 02061

    • Commercial land
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2065029
    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

    • Commercial land

    Property Details for Philip Dr

    Lot size
    1.27 lot acres
    Property type
    Commercial land
    APN
    NORW M:18 L:71
    APU
    NORWM18L71

    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
    -70.8844
    Latitude
    42.1587
    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
    $721
    $53,600
    $0.00
    $53,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.87 Acres

      400 Cordwainer Dr

      VACANT COMMERCIAL LAND • 2.87 Acres
      400 Cordwainer Dr, Norwell, MA 02061-1630
      View Details
    • Value Estimation by Request
      2.42 Acres

      Longwater Dr

      VACANT COMMERCIAL LAND • 2.42 Acres
      Longwater Dr, Norwell, MA 02061
      View Details
    • Value Estimation by Request
      0.39 Acres

      26 Dover St

      VACANT COMMERCIAL LAND • 0.39 Acres
      26 Dover St, Norwell, MA 02061
      View Details
    • Value Estimation by Request
      0.62 Acres

      Washington St

      VACANT COMMERCIAL LAND • 0.62 Acres
      Washington St, Norwell, MA 02061
      View Details
    • Value Estimation by Request
      0.68 Acres

      Pond St

      VACANT COMMERCIAL LAND • 0.68 Acres
      Pond St, Norwell, MA 02061
      View Details
    • Value Estimation by Request
      15.00 Acres

      Ss St

      VACANT COMMERCIAL LAND • 15.00 Acres
      Ss St, Norwell, MA 02061
      View Details

    Similar Nearby for Sale

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      1.50 Acres

      Prime Norwell Commercial Building

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    Similar Nearby for Lease

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    • $10 SF/Yr
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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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    • $18 SF/Yr
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      Professional Office Space Available

      Well-maintained office building with spaces available for lease.
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      Norwell Office Space For Rent

      Second floor office space with open floorplan and private office.
      306 Washington St, Norwell, MA 02061
      View Details
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    Philip Dr
    Norwell, MA 02061
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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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