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    33 Edgerton Dr, Unit 1B North Falmouth, MA 02556

    For Sale
    $1,200,000

    Long-term NNN lease with Cape Cod Healthcare in place.

    Lot size:
    1.06 Acres

    Property Features for 33 Edgerton Dr

    General Information

    Lot size
    1.06 Acres

    Building Details

    Year built
    2007

    Source: Hartel Realty Agent Greg Hartel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Condominium Investment Opportunity

    This medical condominium for sale presents an investment opportunity with a long-term triple net lease in place since 2013. The tenant is Cape Cod Healthcare, situated within the North Falmouth Medical Community. The property benefits from MassDOT traffic counts on Rte 28, with 27,691 vehicles per day in 2024, and 13,104 vehicles per day at the Rte 28A intersection. Located near the North Falmouth Rte 151 exit off Rte 28, the property comprises 3,694 square feet as Unit 1B, representing a 35% common interest in the condominium complex. The interior layout includes a reception and waiting area, three offices, ten exam rooms, two nurses' stations, two ADA restrooms, and laundry and break rooms. The property includes 11 shared parking spaces, including two ADA-compliant spaces, on a 1.06-acre site zoned LIA - Light Industrial A.
    Insight Report Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Costume Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6132961
    Latitude
    41.6401107

    Nearby Similar for Sale

    • $649,900
      2,284 SF

      Medical Condo Investment Opportunity

      Medical condominium in North Falmouth with tenant in place.
      37 Edgerton Dr, North Falmouth, MA 02556
      View Details
    • $1,200,000
      3,694 SF

      Medical Condominium with Long-Term Tenant

      Medical condominium for sale with long-term tenant in place.
      33 Edgerton Dr, North Falmouth, MA
      View Details
    • $1,200,000
      3,694 SF

      Medical Condominium Investment Opportunity

      Long-term NNN lease with Cape Cod Healthcare in place.
      39 Edgerton Dr, North Falmouth, MA
      View Details
    • $649,900

      Medical Condominium Investment Opportunity

      Medical condominium for sale with lease in place.
      37 Edgerton Dr, North Falmouth, MA 02556
      View Details

    FAQs

    What type of property is this?
    Medical office - Long-term NNN lease with Cape Cod Healthcare in place.
    Where is this medical office located?
    The property is located at 33 Edgerton Dr, Unit 1B North Falmouth, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Long-term NNN lease in place since 2013, providing stable investment income.; - Tenant is Cape Cod Healthcare, a well-established and reputable medical provider.; - Located in the North Falmouth Medical Community, offering synergy and visibility.
    (617) 256-3169
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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
    33 Edgerton Dr, Unit 1B North Falmouth, MA 02556
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