1 Walpole StNorwood, MA 02062

  • Office buildings
  • 9,296 SF
For Lease
$20/SF/YR View listing

Property Details for 1 Walpole St

Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
9,296 SF
Property type
Office buildings
APN
NORW M:00002 B:00010 L:00008
APU
NORWM00002B00010L00008

Description

This exceptional executive office building at 1 Walpole Street in Norwood, MA, offers multiple suites for lease. The property boasts a total of 1,865 square feet, currently entirely vacant and ready for immediate occupancy. Two available spaces provide flexible options, ranging from a minimum of 747 square feet to a maximum contiguous space of 1,118 square feet. One particular suite, approximately 1,118 square feet, features three rooms, a reception area, and a private restroom, ideal for a small business or professional team. The building is professionally managed and conveniently located in downtown Norwood, offering easy access to local amenities and transportation. On-site parking is provided for the convenience of tenants and their clients. This is a fantastic opportunity to secure high-quality office space in a desirable location within Norfolk County. The building's modern design and efficient layout create a productive and comfortable work environment. The available spaces are ready for immediate customization to suit your specific business needs. Don't miss this chance to establish your presence in this thriving business community. Contact us today to schedule a viewing and secure your ideal office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,825,463
    6.5%
    $1,685,042
    7%
    $1,564,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,214,615
    Geo Method
    $1,214,615
  • Alternative Use

    Use
    Valuation
    Residential
    $2,089,453
    Hospitality
    $1,913,928
    Educational
    $1,592,365
    Medical
    $1,647,129
    Retail
    $2,477,012

Location Insight

City
Norwood
County
Norfolk
State
Massachusetts
Latitude
42.192
Longitude
-71.2026
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
$22,320
$131,500
$801,600
$933,100
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-
-
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FAQs

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