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    Remodeled Office Space on Route 28 Title is generated by Realmo AI

    306 Route 28, Dennis, MA 02670

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    For Lease
    $1,500/Mo $180 SF/Yr (calc)

    COMMERCIAL - Dennis, MA

    Type:Office
    Property size:
    100 SF
    Lot size:
    0.82 Acres
    Added:
    Sep 25, 2025
    Days on Market:
    239
    Last Refresh:
    May 21 at 11:06 am

    Property Features for 306 Route 28

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Security features
    Security System
    Appliances
    Water Heater
    Standard status
    Active
    APN
    64-48-0
    Size
    100 SF
    Lot size
    0.82 Acres

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Carpet
    Building materials
    Shingle Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Thomas W OHearn

    Listing agent Thomas W OHearn License #448000518

    Listing office Cranberry Real Estate 304 Main Street, Route 28, MA

    Listing date Sep 25, 2025

    MLS# 22504805

    Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on busy Route 28 in the heart of West Dennis.
    • Fully remodeled office space with new carpet, bath, fresh paint, LED lighting, and updated electrical outlets.
    • Heat included in rent ($1,500/month), plus landlord pays for snow removal, landscaping, and water.
    • Flexible lease terms: 1, 2, or 3 years with option to renew.
    • Professional setting suitable for law firms, accounting, financial services, or similar uses.
    • Acoustic drop ceiling for sound control and newer insulated windows.

    Overview

    This fully remodeled professional office space is available for rent in the village of West Dennis, situated on Route 28. The property is suitable for a law firm, accounting practice, financial services, or other professional use, excluding retail or salons. The location offers high visibility, neighboring established businesses such as Cranberry Real Estate and Oceanside Insurance. The office space features new carpet, a remodeled bathroom, fresh paint, LED lighting, and updated electrical outlets. It also includes newer insulated windows and an acoustic drop ceiling for sound control. Approved exterior signage space is available. The lease includes heat. The landlord is responsible for snow removal, landscaping, and water. Flexible lease options of 1, 2, or 3 years are available, with an option to renew. The lot size is 0.82 acres and the property size is 100 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dennis
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.169812
    Latitude
    41.664321

    FAQs

    What type of property is this?
    Office units - Professional office space in West Dennis with high visibility.
    Where is this office units located?
    The property is located at 306 Route 28 Dennis, MA.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on busy Route 28 in the heart of West Dennis.; Fully remodeled office space with new carpet, bath, fresh paint, LED lighting, and updated electrical outlets.; Heat included in rent ($1,500/month), plus landlord pays for snow removal, landscaping, and water.
    (508) 737-1776
    We can help!
    Listing Contact
    Thomas W OHearn
    Real Estate License ID: 448000518
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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