230 Wood RdBraintree, MA 02184

Property Details for 230 Wood Rd

Year built

1965

Construction

STEEL FRAME

Lot size

1.50 AC

Property size (Sq ft)

17,384 SF

Zone code

HBD

Property type

Retail properties

APN

BRAI M:2053B B:0 L:7

APU

BRAIM2053BB0L7

Description

This exceptional 17,348-square-foot single-story retail building sits on a 1.5-acre lot at 230 Wood Road in Braintree, Massachusetts, 02184. Boasting excellent visibility from Route 128 and prime signage opportunities, this vacant storefront presents a unique owner/user investment chance. Its strategic location offers easy access to major transportation arteries, including I-93, Route 3, and Route 128, placing it within a mile of the intersection of all three. Commuters benefit from proximity to the Quincy Adams Red Line Station and the MBTA Commuter Rail at Quincy Center Station. Furthermore, the property enjoys a highly desirable location near the South Shore Plaza, a regional mall featuring numerous retail shops and restaurants, situated just across Route 128. This property is ideal for a business seeking high visibility and convenient access to a large customer base in a thriving commercial area. The property is currently vacant, allowing for complete customization to suit a wide range of retail uses. Broker co-op is available.

• CAP approach

  CAP return

  Valuation

  6%

  $4,224,919

  6.5%

  $3,899,925

  7%

  $3,621,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,723,912

  Geo Method

  $5,723,912

• Alternative Use

  Use

  Valuation

  Residential

  $3,289,733

  Hospitality

  $3,013,378

  Educational

  $2,507,095

  Medical

  $2,593,318

  Retail

  $3,899,925

Location Insight

City

Braintree

County

Norfolk

State

Massachusetts

Latitude

42.2203

Longitude

-71.0373

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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