Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    445 Faunce Corner Rd Dartmouth, MA 02747

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office building with ample parking in a convenient location.

    Lot size:
    0.53 Acres

    Property Features for 445 Faunce Corner Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.53 Acres

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Margaret A Sweet
    Source: Elliman

    Listing Agency: Sweet Property Listing Agent: Margaret A Sweet

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

    Learn more

    Overview

    Corner Office Building with Parking

    This office building offers a valuable opportunity for ownership, featuring ample parking and a corner location at the intersection of Faunce Corner and Ventura Drive. The property is situated minutes from Route 195, providing convenient access to New Bedford's north end via Old Fall River Road, which helps to avoid traffic congestion. The location benefits from its proximity to medical centers, wellness offices, restaurants, coffee shops, fitness centers, apartments, and a law school. The building's visibility is rated at 10+. The interior is described as bright and sunny, with bathrooms located on every level. The second level includes a kitchen area and a conference room. Storage space is available in the basement, accessible from both the exterior and interior of the building. Plans for the property are available.
    Location Intelligence

    Current Use by Public Records

    Kiddie Kampus 3 ... High School

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Dartmouth
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9910781
    Latitude
    41.6675487

    Nearby Similar for Sale

    • $549,500
      1,650 SF

      Turn-Key Commercial Opportunity in Dartmouth

      Renovated 2-unit commercial property with immediate income and value-add potential.
      597 Dartmouth St, Dartmouth, MA 02748
      View Details
    • $2,900,000

      Redevelopment Opportunity on Rockdale Avenue

      One-acre parcel suitable for redevelopment or auto sales/service.
      132 Rockdale Ave, Dartmouth, MA 02748
      View Details
    • $825,000

      Dartmouth Specialty Property For Sale

      Specialty property available for sale in Dartmouth, Massachusetts.
      890 State Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Office Building in High-Traffic Location

      Office building with high visibility in Dartmouth, Massachusetts.
      1406 Tucker Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Two Adjoining Office Condominiums

      Two office condos in a high-traffic, convenient location.
      92 Faunce Corner Mall Rd, Dartmouth, MA 02747
      View Details
    • $3,000,000

      Dartmouth Winery and Vineyard Opportunity

      Winery, vineyard, and homestead on 162 acres in Dartmouth, MA.
      335 Old Fall River Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Two Adjoining Office Condominiums

      Two office condominiums in a high-traffic commercial area.
      92 Faunce Corner Mall Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Corner Office Building with Parking

      Office building with ample parking in a desirable location.
      445 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • $715,000
      2,221 SF

      Dartmouth Office Building, MA

      Prime location, vacant office building.
      1406 Tucker Rd, Dartmouth, MA 02747
      View Details
    • $825,000
      0.79 Acres

      Dartmouth, MA Commercial Land Opportunity

      0.79-acre lot, $825,000. Prime location.
      890 State Rd, Dartmouth, MA 02747
      View Details
    • $199,000

      Dartmouth Office Space for Sale

      Prime Dartmouth location, 1265 sq ft office.
      74 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • $199,000

      Dartmouth Office Condo - Lease in Place

      1265 sq ft, 5 offices, great location
      74 Faunce Corner Rd, Dartmouth, MA 02747
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with ample parking in a convenient location.
    Where is this office building located?
    The property is located at 445 Faunce Corner Rd Dartmouth, MA.
    What are key features of this property?
    This property features: - Ample parking available for tenants and visitors.; - Prime corner location on Faunce Corner and Ventura Drive.; - High visibility (10+) ensures your business gets noticed.
    (508) 965-3623
    Request Owner's contact information
    445 Faunce Corner Rd Dartmouth, MA 02747
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    445 Faunce Corner Rd
    Dartmouth, MA 02747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    445 Faunce Corner Rd Dartmouth, MA 02747
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Margaret A Sweet
    (508) 965-3623
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!