Warehouse Building with Overhead
New
For Sale
$974,900
157 Tremont St, Rehoboth, MA 02769
Open warehouse layout with central air, propane heat, and multiple overhead doors for commercial use.
Property Size6,400 SF
Lot Size0.82 Acres
Price / SF$152.33
Days on Market4
Property Features for 157 Tremont St
General Information
Standard status
Active
Size
6,400 SF
Lot size
0.82 Acres
Additional Details
Clear Height
13 ft
Building Details
Year Built
2006
Building Size
6,400 SF
Listing Agency:
Coldwell Banker Realty
Listed By:
Sam Barchi
(401) 351-2017
Source:
Alpernandmesenbourg
Added: Sep 12
Changed: Sep 15
Last Checked: Sep 14 at 4:41PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 6,400-square-foot warehouse offers a wide-open interior with central air conditioning, propane heat, and four overhead doors. Door configuration includes two 10-foot garage doors and two 12-foot doors. Ceiling height reaches 13 feet at the trusses and tapers to 11 feet. The property was built in 2006 and occupies a 35,719-square-foot lot.
The site is located in Rehoboth, approximately five minutes from Taunton and Attleboro, 25 minutes from Providence, 30 minutes from New Bedford, 25 minutes from Fall River, and 70 minutes from Boston. A Title 5-approved septic system and well date to 2006.
The site is located in Rehoboth, approximately five minutes from Taunton and Attleboro, 25 minutes from Providence, 30 minutes from New Bedford, 25 minutes from Fall River, and 70 minutes from Boston. A Title 5-approved septic system and well date to 2006.
Key Highlights
- 6,400 SF warehouse building on a 35,719‑square‑foot lot
- Four overhead doors: two 10‑foot doors and two 12‑foot doors
- Ceiling height of 13 feet at the trusses, tapering to 11 feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,658,300
$1.7M
Cap Rate 7%
$1,184,500
$1.2M
Cap Rate 9%
$921,278
$921.3K
Market Conditions
NOI Build-Up for 6,400 SF
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.
Gross rent
$102.1K $15.96/SF
− Vacancy
−$4.6K −$0.72/SF
EGI
$97.5K $15.24/SF
− OpEx
−$14.6K −$2.29/SF
NOI
$82.9K $12.96/SF
Area
Bristol County, MA
Vacancy
4.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,658,300
Cap Rate 7%
$1,184,500
Cap Rate 9%
$921,278
Alternative Uses
Best Use
Warehouse
$1.18M
$1.04M – $1.38M
NOI $82,915 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.90M
$3.41M – $4.55M
NOI $272,824 @ 7.0% cap · market cap 27.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
13 ft
Clear height
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02769, MA
12,521
Population
4,845
Households
2.6
Avg Household Size
46
Median Age
42%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
267
Density / Sq Mi
$126,161
Median Household Income
$59,209
Median Earnings
$1,304
Median Rent
$487,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse layout with central air, propane heat, and multiple overhead doors for commercial use.
Where is this warehouse located?
The property is located at 157 Tremont St Rehoboth, MA.
What is the asking price?
The asking price for this property is $974,900.
What are key features of this property?
This property features: 6,400 SF warehouse building on a 35,719‑square‑foot lot; Four overhead doors: two 10‑foot doors and two 12‑foot doors; Ceiling height of 13 feet at the trusses, tapering to 11 feet
