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    37 Edgerton Dr, Unit 3 North Falmouth, MA 02556

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    For Sale
    $649,900

    Medical condominium for sale with lease in place.

    Lot size:
    2.87 Acres

    Property Features for 37 Edgerton Dr

    General Information

    Lot size
    2.87 Acres

    Building Details

    Year built
    1970

    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 2,284 square foot medical condominium, located in the North Falmouth Medical Community, is offered for sale as an investment opportunity with a lease in place to Phynet Dermatology. The property is situated on a 2.87-acre site with onsite shared parking. The interior layout includes a reception and waiting area, two offices, six exam rooms, an ADA-compliant restroom, and a break room with a kitchenette. The property is zoned LIA - Light Industrial A. Traffic counts recorded by MassDOT on Route 28 in 2024 show 27,691 vehicles per day, with 13,104 vehicles per day at the Route 28A intersection. The property is accessible via the North Falmouth Route 151 exit off Route 28. Unit 3 has a 25% common interest in the condominium complex.
    Insight Report Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Candy 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
    -70.6118678
    Latitude
    41.6405641

    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

      Medical Condominium Investment Opportunity

      Long-term NNN lease with Cape Cod Healthcare in place.
      33 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

    FAQs

    What type of property is this?
    Medical office - Medical condominium for sale with lease in place.
    Where is this medical office located?
    The property is located at 37 Edgerton Dr, Unit 3 North Falmouth, MA.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Investment opportunity with existing lease in place and established tenant (Phynet Dermatology).; - Located in the North Falmouth Medical Community.; - High traffic location on Rte 28 with significant daily vehicle counts.
    (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
    37 Edgerton Dr, Unit 3 North Falmouth, MA 02556
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