255 Lower County Road, Dennis Port, MA 02639
Two commercially zoned parcels near the beach, sold as one package.
- Added:
- Oct 25, 2024
- Days on Market:
- 596
- Last Refresh:
- Apr 16 at 8:35 pm
Property Features for 255 Lower County Road
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agent RYAN MANN
Listing office SOTHEBY'S INTERNATIONAL REALTY
Listing date Oct 25, 2024
Source Corcoran
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 SOTHEBY'S INTERNATIONAL REALTY
HighLights
- Prime Dennisport location, only 0.4 miles from the beach.
- Two commercially zoned buildings included in one package.
- .25 acres of land in a desirable area.
- Versatile 1100+-sqft building suitable for various business ventures or redevelopment.
- Additional parcel (247 Lower County Road) offers potential for parking or storage.
- Located near shops and restaurants in a thriving community.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $30.00 |
| − Vacancy | −$726 | −$0.66 |
| EGI | $32.3k | $29.34 |
| − OpEx | −$9.7k | −$8.80 |
| NOI | $22.6k | $20.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dennis Port
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.1357
- Latitude
- 41.6664
