735 Belmont StBrockton, MA 02301

Property Details for 735 Belmont St

Year built

1977

Lot size

2.04 AC

Property size (Sq ft)

1,374 SF

Zone code

C2

Property type

Commercial real estate

APN

BROC M:018 R:157 S:

APU

BROCM018R157S

Description

This exceptional 18,564 square foot retail plaza, situated at 735 Belmont Street in Brockton, Massachusetts, presents a prime opportunity for expansion or new tenancy. The property, classified as Class C, was constructed in 1977 and features a single story design. Currently, 9,200 square feet of retail space is immediately available, representing a significant portion of the total building area. The minimum divisible space is also 9,200 square feet, making it ideal for a single large tenant or a smaller tenant seeking a substantial footprint. The plaza is conveniently located on Route 123, offering excellent visibility and accessibility, and is approximately one mile from Route 24, providing easy access to major transportation arteries. The property is zoned C2 within Plymouth County, and boasts a desirable location in Brockton, MA, zip code 02301. The building does not include elevators. This presents a rare chance to secure a substantial retail space in a well-situated location with high traffic potential. The property's size and location make it suitable for a variety of retail uses. Interested parties should act quickly to secure this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $257,452

  6.5%

  $237,648

  7%

  $220,673

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,527

  Geo Method

  $179,527

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $467,874

  Retail / Commercial

  $239,923

  Mixed-Use / Specialty

  $239,068

  Hospitality / Lodging

  $175,397

  Office

  $237,648

  Institutional / Educational

  $248,534

  Residential Income

  $290,785

  Multifamily

  $348,752

  Automotive / Energy

  $213,029

  Parking / Income-Based Land

  $73,513.90

  Restaurant / Food Service

  $124,341

  Healthcare / Senior Housing

  $245,160

Location Insight

City

Brockton

County

Plymouth

State

Massachusetts

Latitude

42.0696

Longitude

-71.0484

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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