11 Vanderbilt AveNorwood, MA 02062

Property Details for 11 Vanderbilt Ave

Year built

1987

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.84 AC

Property size (Sq ft)

16,259 SF

Property type

Office buildings

APN

NORW M:00015 B:0013B L:00011

APU

NORWM00015B0013BL00011

Description

This exceptional executive office space, located at 11 Vanderbilt Avenue in Norwood, Massachusetts, offers 2,300 square feet of immediately available space within a larger 15,182 square foot building. Situated in Norfolk County, this property boasts a highly desirable location on Route 1, providing convenient access to major transportation arteries such as Routes 128 and 95. The suite features abundant natural light and high-end finishes, creating a sophisticated and professional environment. The multiple tenancy structure ensures a vibrant and collaborative atmosphere. The address is 11 Vanderbilt Ave, Norwood, MA 02062. This prime location offers proximity to a wide array of local amenities, making it an ideal setting for businesses seeking a prestigious and easily accessible office space. The property is perfect for businesses seeking a modern and functional workspace in a thriving community. The available space totals 2,300 square feet, offering ample room for various business needs. This is a fantastic opportunity to establish a presence in a highly sought-after area of Norwood. The building's total square footage is 15,182 square feet. The property is classified as an office building with an executive office subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $3,192,821

  6.5%

  $2,947,220

  7%

  $2,736,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,124,401

  Geo Method

  $2,124,401

• Alternative Use

  Use

  Valuation

  Residential

  $3,654,552

  Hospitality

  $3,347,550

  Educational

  $2,785,122

  Medical

  $2,880,907

  Retail

  $4,332,413

Location Insight

City

Norwood

County

Norfolk

State

Massachusetts

Latitude

42.1724

Longitude

-71.1946

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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