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    488 State Rd Plymouth, MA 02360

    For Sale
    $118,000

    Two-story office condo, below assessed value.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,126 square foot office condo in Plymouth, MA, presents a remarkable opportunity. Situated on a 2.3-acre lot, this property boasts a unique two-story layout with a walk-out lower level. The first floor features attractive laminate flooring, while the upper level and lower level are carpeted. The unit is equipped with electric heat and central air conditioning, ensuring year-round comfort. Recent upgrades include a new exterior AC unit, a replacement front picture window, and new laminate flooring on the first floor (installed last year). The lower level offers the convenience of two half bathrooms shared with unit 4. This prime location offers easy access to all amenities, with the added benefit of proximity to Whitehorse Beach. Ample parking is available on-site. The monthly HOA fee of $262 covers master insurance, snow removal in common areas, landscaping, water, and sewer. This property is priced significantly below its assessed value, making it an exceptional investment opportunity. Don't miss this chance to own a well-maintained, conveniently located office condo in a desirable Plymouth setting.

    Property Features for 488 State Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    100,188 SF

    Building Details

    Year Built
    1990
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mark F. Andrews, ... Certified Public Accountant Your Way Automotive ... Auto Market Brendan Michael Music Musician Integrity First Real ... Real Estate Agency John Drywall & Painting Dry Wall Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Auto Repair Shop Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.57165
    Latitude
    41.92535

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    FAQs

    What type of property is this?
    Commercial real estate - Two-story office condo, below assessed value.
    Where is this commercial real estate located?
    The property is located at 488 State Rd Plymouth, MA.
    What is the asking price?
    The asking price for this property is $118,000.
    (508) 591-7959
    Request Owner's contact information
    488 State Rd Plymouth, MA 02360
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    Plymouth, MA 02360
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    Realmo Value Estimation

    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.

    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.

    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
    488 State Rd Plymouth, MA 02360
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