Five-Unit Mixed-Use
For Sale
$649,000
1-5-320 Gifford St, Falmouth, MA 02540
Homeport complex property near downtown Falmouth, Falmouth Hospital, restaurants, shops, and waterfront attractions.
Property Size3,214 SF
Price / SF$201.93
Days on Market138
Property Features for 1-5-320 Gifford St
General Information
Standard status
Active
Size
3,214 SF
Taxes and HOA fees
Annual Taxes
$3,502
Listing Agency:
Berkshire Hathaway HomeServices Robert Paul Properties
(508) 540-9800
Listed By:
O'Neill Group
(508) 524-7325
Source:
Exprealty
Added: Jun 2
Changed: Oct 1
Last Checked: Oct 16 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Robert Paul Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property at 1-5-320 Gifford St comprises 5 units and 3,214 square feet within the Homeport complex. The asset is identified for medical or professional office use and is part of an established Trust ownership comprising 8 total buildings.
The property is positioned minutes from downtown Falmouth, Falmouth Hospital, restaurants, shops, and waterfront attractions. Its in-town setting provides convenient access to established community destinations and supports a range of office-oriented occupancy needs.
The property is positioned minutes from downtown Falmouth, Falmouth Hospital, restaurants, shops, and waterfront attractions. Its in-town setting provides convenient access to established community destinations and supports a range of office-oriented occupancy needs.
Key Highlights
- 5‑unit mixed‑use property
- 3,214 square feet at 1‑5‑320 Gifford St
- Located within the Homeport complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,437
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,740
$908.7K
Cap Rate 7%
$649,100
$649.1K
Cap Rate 9%
$504,856
$504.9K
Market Conditions
NOI Build-Up for 3,214 SF
Gross rent
$81.0K $25.20/SF
− Vacancy
−$5.3K −$1.64/SF
EGI
$75.7K $23.56/SF
− OpEx
−$30.3K −$9.42/SF
NOI
$45.4K $14.14/SF
Area
Barnstable County, MA
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,740
Cap Rate 7%
$649,100
Cap Rate 9%
$504,856
Alternative Uses
Best Use
Office B
$965.3K
$844.6K – $1.13M
NOI $67,571 @ 7.0% cap · market cap 10.41%
Second Best
Healthcare Medical
$649.1K
$568.0K – $757.3K
NOI $45,437 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,681 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 02540, MA
8,450
Population
6,200
Households
1.4
Avg Household Size
61
Median Age
59%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
768
Density / Sq Mi
$88,266
Median Household Income
$52,243
Median Earnings
$1,328
Median Rent
$756,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Homeport complex property near downtown Falmouth, Falmouth Hospital, restaurants, shops, and waterfront attractions.
Where is this mixed-use property located?
The property is located at 1-5-320 Gifford St Falmouth, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 5‑unit mixed‑use property; 3,214 square feet at 1‑5‑320 Gifford St; Located within the Homeport complex
