Office Building with Paved
For Sale
$465,000
1252 Route 28 South, Yarmouth, MA 02664
Commercial zoning, a maintained exterior, and an interior prepared for build-out define the property.
Property Size1,505 SF
Lot Size0.26 Acres
Price / SF$308.97
Days on Market50
Property Features for 1252 Route 28 South
General Information
Standard status
Active
Size
1,505 SF
Lot size
0.26 Acres
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$2,723
Building Details
Building Size
1,505 SF
Year Built
1952
Buildings
1
Stories
1
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Aug 28
Changed: Oct 5
Last Checked: Oct 14 at 7:33PM
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 Classic Cape Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1,505-square-foot office building offers a practical foundation for a customized interior build-out. The exterior is well maintained, while the interior has been prepared for future improvements. A paved parking lot serves the building and supports convenient daily access for occupants and visitors.
The property is located at 1252 Route 28, South, in Yarmouth, Massachusetts. Its Route 28 setting places the office along a defined commercial corridor. Built in 1952 and zoned Commercial, the property presents a compact office format for professionals seeking a dedicated building with on-site parking and the ability to shape the interior around their requirements.
The property is located at 1252 Route 28, South, in Yarmouth, Massachusetts. Its Route 28 setting places the office along a defined commercial corridor. Built in 1952 and zoned Commercial, the property presents a compact office format for professionals seeking a dedicated building with on-site parking and the ability to shape the interior around their requirements.
Key Highlights
- 1,505‑square‑foot office building
- Commercial zoning
- Interior prepared for build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,641
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,820
$632.8K
Cap Rate 7%
$452,014
$452.0K
Cap Rate 9%
$351,567
$351.6K
Market Conditions
NOI Build-Up for 1,505 SF
Gross rent
$52.7K $35.04/SF
− Vacancy
−$10.5K −$7.01/SF
EGI
$42.2K $28.03/SF
− OpEx
−$10.5K −$7.01/SF
NOI
$31.6K $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%
$632,820
Cap Rate 7%
$452,014
Cap Rate 9%
$351,567
Alternative Uses
Best Use
Office B
$452.0K
$395.5K – $527.4K
NOI $31,641 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$613.3K
$536.6K – $715.5K
NOI $42,931 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Commercial zoning, a maintained exterior, and an interior prepared for build-out define the property.
Where is this office building located?
The property is located at 1252 Route 28 South Yarmouth, MA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,505‑square‑foot office building; Commercial zoning; Interior prepared for build‑out
