399 Old Colony RdNorton, MA 02766

Property Details for 399 Old Colony Rd

Year built

1999

Construction

FRAME

Lot size

2.09 AC

Property size (Sq ft)

7,600 SF

Property type

Office properties

Property subtype

Office buildings

APN

NORT M:26 P:45

APU

NORTM26P45

Description

This exceptional 7,600 square foot freestanding medical office building is ideally situated at 399 Old Colony Road in Norton, Massachusetts, within Bristol County. Built in 1999, the property offers a single-tenant occupancy opportunity, perfect for a variety of uses including medical, wellness, educational, or retail businesses. Previously utilized as an adult daycare center, the building boasts several ADA-compliant bathrooms, a sizable kitchen area, and multiple classrooms, catering to diverse operational needs. A convenient covered drop-off/pick-up area enhances accessibility and convenience for clients and staff. The property benefits from excellent visibility and signage opportunities along Route 123, a key thoroughfare connecting Route 95 to Route 495, ensuring high traffic exposure and brand recognition. Its strategic location offers close proximity to the Norton Town Center and Wheaton College, providing access to a substantial and diverse population base. This turnkey property presents a rare opportunity to acquire a well-maintained, functional building in a prime location, ready for immediate occupancy and tailored to a variety of business models. The property's 02766 zip code and its coordinates (41.9531344 latitude, -71.2396662 longitude) further define its advantageous position within the thriving Norton community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,256,507

  6.5%

  $1,159,853

  7%

  $1,077,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $993,016

  Geo Method

  $993,016

• Alternative Use

  Use

  Valuation

  Residential

  $1,438,217

  Hospitality

  $1,317,399

  Educational

  $1,096,061

  Medical

  $1,133,756

  Retail

  $1,704,983

Location Insight

City

Norton

County

Bristol

State

Massachusetts

Latitude

41.9536

Longitude

-71.2395

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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