62 Accord Park DrNorwell, MA 02061

  • Office buildings
  • 8,173 SF

Property Details for 62 Accord Park Dr

Year built
1979
Construction
FRAME
Lot size
1.12 AC
Property size (Sq ft)
8,173 SF
Property type
Office buildings
APN
NORW M:17 L:7
APU
NORWM17L7

Description

This exceptional office space, located at 62 Accord Park Drive in Norwell, Massachusetts, offers a unique opportunity for businesses seeking a prestigious location. The property, a Class B building constructed in 1979, boasts a total of 9,469 square feet, with 7,954 square feet currently vacant and available for lease. The space is ideal for multiple tenants, offering flexible options ranging from a minimum of 1,300 square feet to a maximum contiguous space of 3,000 square feet. Situated in Plymouth County, this property benefits from its convenient location, providing direct access to Route 3/Exit 14, ensuring easy commuting for employees and clients. The building is exceptionally well-maintained and offers ample parking, a significant advantage in this area. Its location within Accord Park also places it in close proximity to a variety of amenities, including restaurants and shopping, enhancing the overall convenience and appeal for tenants. The property's diverse zoning allows for retail, office, and restaurant uses, making it a versatile option for a range of businesses. This is a rare opportunity to secure high-quality office space in a desirable location with excellent accessibility and ample amenities. The property is zoned for multiple uses, including executive office, commercial, office condo, and office building. Contact us today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,351,241
    6.5%
    $1,247,299
    7%
    $1,158,207
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,067,884
    Geo Method
    $1,067,884
  • Alternative Use

    Use
    Valuation
    Residential
    $1,546,651
    Hospitality
    $1,416,724
    Educational
    $1,178,698
    Medical
    $1,219,235
    Retail
    $1,833,530

Location Insight

City
Norwell
County
Plymouth
State
Massachusetts
Latitude
42.1669
Longitude
-70.8852
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
$18,020
$431,600
$907,200
$1,338,800
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FAQs

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