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Property profile

381 Old Falmouth Rd Barnstable, MA 02648

OFF-MARKET
Commercial real estate
Built 1987
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Property summary

AI-generated overview

This exceptional industrial condo, located at 381 Old Falmouth Rd 9, Barnstable, MA, presents a unique investment opportunity. Boasting 1,932 square feet of ground floor space, complemented by an additional 1,932+ square feet of mezzanine storage, this property offers ample room for various business needs. The unit features a 14' overhead door, a personnel door, and over 20' of interior clearance, making it ideal for businesses requiring substantial storage and equipment space. A ground floor restroom adds convenience. Constructed in 1987, the building showcases low-maintenance features including metal/tin roofing and pre-finished metal exterior. The interior is a wide-open 40' x 50' bay, providing flexibility for customization. Heating is provided by a gas, forced hot air system. The property benefits from its strategic location in Marstons Mills, offering convenient access to major routes, and is part of the CWMP Sewer Expansion Phase 2, indicating positive future growth in the area. Zoned RF and classified as an industrial condo, this property is suitable for a range of commercial uses. The Town of Barnstable, MA 2025 assessment shows a replacement cost of $398,742 and an assessed value of $311,000. This presents a strong value proposition for discerning buyers. An existing special permit is in place.

Property profile

Verified
Property type Commercial real estate
Year built 1987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

381 Old Falmouth Rd Barnstable, MA 02648
Barnstable metro
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Value estimations

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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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