Industrial Flex Warehouse with Overhead
For Sale
$974,900
157 Tremont Street Rehoboth, Rehoboth, MA 02769
Freestanding industrial warehouse with central air, propane heat, and multiple overhead doors for flexible loading access.
Property Size6,400 SF
Lot Size0.82 Acres
Price / SF$144.79
Days on Market92
Property Features for 157 Tremont Street Rehoboth
General Information
Standard status
Active
Size
6,400 SF
Total Parking Spaces
20
Lot size
0.82 Acres
Zoning
COM
Warehouse & Industrial
Clear Height
13 ft
Drive-In Doors
6
Taxes and HOA fees
Annual Taxes
$5,458
Building Details
Building Size
6,400 SF
Year Built
2006
Buildings
1
Stories
1
Listed By:
Kim Goodby
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 4
Changed: Sep 2
Last Checked: Sep 2 at 1:29PM
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 Kim Goodby
Investment Insights
Based on property information with market context.
This wide-open industrial flex warehouse offers 6,733 square feet of clear, usable space with central air and propane heat. The building includes four overhead doors, including two 11-foot garage-style doors and six 12-foot overhead doors, supporting flexible loading and receiving operations. Ceiling height is 13 feet to the top of the trusses, tapering to 11 feet, which can accommodate a range of light industrial layouts. The property also references a titled septic and well system approved in 2006 and notes “PRE 21 E ON LINE.”
The property is located on Tremont Street in Rehoboth, MA. Public remarks highlight nearby regional access, including approximately five minutes to Taunton and five minutes to Attleboro, along with broader connectivity to Providence, New York City, Paris, Boston, New Bedford, and Fall River.
For tenants or buyers seeking a straightforward industrial setup, the combination of central air, propane heat, high ceilings, and multiple overhead doors can support warehouse, distribution, or light manufacturing use cases. The wide-open interior configuration is well suited to operations that benefit from fewer interior obstructions and adaptable space planning.
The property is located on Tremont Street in Rehoboth, MA. Public remarks highlight nearby regional access, including approximately five minutes to Taunton and five minutes to Attleboro, along with broader connectivity to Providence, New York City, Paris, Boston, New Bedford, and Fall River.
For tenants or buyers seeking a straightforward industrial setup, the combination of central air, propane heat, high ceilings, and multiple overhead doors can support warehouse, distribution, or light manufacturing use cases. The wide-open interior configuration is well suited to operations that benefit from fewer interior obstructions and adaptable space planning.
Key Highlights
- Freestanding industrial warehouse built in 2006
- Central air and propane heat
- Total 6,733 SF with 13' ceiling height to top of trusses tapering to 11'
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
$87,230
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
8.95%
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%
$1,744,600
$1.7M
Cap Rate 7%
$1,246,143
$1.2M
Cap Rate 9%
$969,222
$969.2K
Market Conditions
NOI Build-Up for 6,733 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
$107.5K $15.96/SF
− Vacancy
−$4.8K −$0.72/SF
EGI
$102.6K $15.24/SF
− OpEx
−$15.4K −$2.29/SF
NOI
$87.2K $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%
$1,744,600
Cap Rate 7%
$1,246,143
Cap Rate 9%
$969,222
Alternative Uses
Best Use
Warehouse
$1.25M
$1.09M – $1.45M
NOI $87,230 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $287,020 @ 7.0% cap · market cap 29.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
13 ft
Clear height
6
Drive-in doors
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial warehouse with central air, propane heat, and multiple overhead doors for flexible loading access.
Where is this warehouse located?
The property is located at 157 Tremont Street Rehoboth 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: Freestanding industrial warehouse built in 2006; Central air and propane heat; Total 6,733 SF with 13' ceiling height to top of trusses tapering to 11'
