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Office Unit with Private Offices
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14 Page Terrace Unit 2-A, Stoughton, MA 02072

Open-plan office suite with four enclosed offices, a kitchenette, and a private bathroom.

Property Size1,501 SF
Price / SF$1.53
Days on Market50

Property Features for 14 Page Terrace Unit 2-A

General Information

Standard status Active
Size 1,501 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1985
Buildings 1
Stories 4
Listing Agency: Atlantic Properties
Listed By: Andrew Stout · License #9525010
Source: Lockandkeyre
Added: Sep 1 Changed: Oct 19 Last Checked: Oct 19 at 10:03AM

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 Atlantic Properties

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite 2-A is located within a four-story office building constructed in 1985. The space combines an open work area with four private offices, a kitchenette, and a dedicated bathroom, providing a practical layout for office operations.

The property is positioned off Route 24 Highway and Route 139, with access to nearby amenities. Building maintenance is handled professionally. Utility coverage includes all services other than electricity, cable, internet, and telephone service.

Key Highlights

  • Suite 2‑A in a four‑story office building
  • Open layout with four private office spaces
  • Kitchenette and private bathroom included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,938
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,760 $658.8K
Cap Rate 7%
$470,543 $470.5K
Cap Rate 9%
$365,978 $366.0K
Market Conditions
NOI Build-Up for 1,501 SF
Gross rent
$52.6K $35.04/SF
− Vacancy
−$8.7K −$5.78/SF
EGI
$43.9K $29.26/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$32.9K $21.94/SF
Area
Norfolk County, MA
Vacancy
16.50%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,760
Cap Rate 7%
$470,543
Cap Rate 9%
$365,978

Alternative Uses

Best Use
Office B
$470.5K
$411.7K – $549.0K (±1% cap)
NOI $32,938 @ 7.0% cap · market cap 1,432.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$888.6K
$777.5K – $1.04M (±1% cap)
NOI $62,201 @ 7.0% cap · market cap 2,704.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Fairway Lumber Co Industrial Manufacturer Gonzalez & Associates, P.C. Accounting Firm INTEGRATIVE CHIROPRACTIC SERVICES, ... Medical Clinic Hamill Law Offices Law Firm Wayne M Gray ... Law Firm

Suggested Use

Top Pick Dental Office Electrical Service Bakery Storage Facility Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 02072, MA

29,281
Population
11,346
Households
2.6
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
1,819
Density / Sq Mi
$104,164
Median Household Income
$55,250
Median Earnings
$1,993
Median Rent
$496,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Open-plan office suite with four enclosed offices, a kitchenette, and a private bathroom.
Where is this office unit located?
The property is located at 14 Page Terrace Unit 2-A Stoughton, MA.
What are key features of this property?
This property features: Suite 2‑A in a four‑story office building; Open layout with four private office spaces; Kitchenette and private bathroom included
More about this property
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