Route 28 Office
For Sale
$759,000
1200 Route 28, Yarmouth, MA 02664
Office building with multiple private offices, conference space, and on-site parking, plus large Route 28 signage.
Property Size2,415 SF
Price / SF$314.29
Days on Market133
Property Features for 1200 Route 28
General Information
Standard status
Active
Size
2,415 SF
Property subtype
Commercial
Zoning
B2
Taxes and HOA fees
Annual Taxes
$3,410
Building Details
Building Size
2,415 SF
Year Built
1972
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Churchillprop
Added: Jun 12
Changed: Oct 22
Last Checked: Oct 20 at 6:07PM
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 Commercial Realty Advisors, Inc.
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Investment Insights
Based on property information with market context.
This Route 28 office building features multiple private offices, reception areas, conference space, storage, and three bathrooms. The property also includes front and rear egress and offers ample on-site parking. A tenant income component is available as part of the sale.
The building is located on Route 28 in Yarmouth and has large signage along Route 28 for added visibility. It is in a B2 zoning district that supports a range of commercial and professional service uses, providing flexibility for an owner-user.
The existing layout includes dedicated work areas, meeting/conference space, and storage, supported by the building’s multiple bathrooms and two-sided egress.
The building is located on Route 28 in Yarmouth and has large signage along Route 28 for added visibility. It is in a B2 zoning district that supports a range of commercial and professional service uses, providing flexibility for an owner-user.
The existing layout includes dedicated work areas, meeting/conference space, and storage, supported by the building’s multiple bathrooms and two-sided egress.
Key Highlights
- 2,415 SF office building built in 1972 at 1200 Rt 28 in South Yarmouth
- Multiple private offices plus reception areas, conference space, and storage
- Three bathrooms and front and rear egress
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,773
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,460
$1.0M
Cap Rate 7%
$725,329
$725.3K
Cap Rate 9%
$564,144
$564.1K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$84.6K $35.04/SF
− Vacancy
−$16.9K −$7.01/SF
EGI
$67.7K $28.03/SF
− OpEx
−$16.9K −$7.01/SF
NOI
$50.8K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,460
Cap Rate 7%
$725,329
Cap Rate 9%
$564,144
Alternative Uses
Best Use
Office B
$725.3K
$634.7K – $846.2K
NOI $50,773 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.1K
$861.1K – $1.15M
NOI $68,889 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
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Business Placement
Demographics for 02664, MA
9,935
Population
7,185
Households
1.4
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,419
Density / Sq Mi
$78,796
Median Household Income
$43,285
Median Earnings
$1,692
Median Rent
$479,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office building with multiple private offices, conference space, and on-site parking, plus large Route 28 signage.
Where is this office building located?
The property is located at 1200 Route 28 Yarmouth, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 2,415 SF office building built in 1972 at 1200 Rt 28 in South Yarmouth; Multiple private offices plus reception areas, conference space, and storage; Three bathrooms and front and rear egress
