11 Walpole StNorwood, MA 02062

  • Office buildings
  • 5,257 SF
For Lease
$15.95/SF/YR View listing

Property Details for 11 Walpole St

Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.15 AC
Property size (Sq ft)
5,257 SF
Property type
Office buildings
APN
NORW M:00002 B:00010 L:00010
APU
NORWM00002B00010L00010

Description

This exceptional 1,800-square-foot executive office space is available for lease at 11 Walpole Street in Norwood, Massachusetts. Located in Norfolk County, this single-tenant property offers a complete and ready-to-occupy workspace. The entire 1,800 square feet is currently vacant, providing immediate occupancy for a business seeking a move-in ready solution. The property's address is 11 Walpole Street, Norwood, MA 02062. Its convenient location within Norwood offers easy access to major transportation routes, making commuting for employees and clients straightforward. The property is classified as an executive office, suggesting a high-quality finish and potentially desirable amenities, although specific details on those amenities are not currently available. This presents a unique opportunity for a business seeking a prestigious and efficient workspace in a desirable location. The property is ideal for a single tenant seeking a self-contained office environment. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property is situated in a prime location within Norwood, offering a blend of accessibility and professional appeal. This single-tenant occupancy ensures privacy and control over the entire space. The 1,800 square feet provides ample room for various office configurations to suit specific business needs. The property is ready for immediate occupancy, minimizing any delays in business operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $869,139
    6.5%
    $802,282
    7%
    $744,976
  • Comparable approach

    Method
    Valuation
    Relative Method
    $686,880
    Geo Method
    $686,880
  • Alternative Use

    Use
    Valuation
    Residential
    $994,830
    Hospitality
    $911,259
    Educational
    $758,157
    Medical
    $784,231
    Retail
    $1,179,355

Location Insight

City
Norwood
County
Norfolk
State
Massachusetts
Latitude
42.1918
Longitude
-71.2031
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
$19,744
$218,300
$607,100
$825,400
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-
-
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