Warehouse with Overhead
For Sale
$974,900
157 TREMONT Street, Rehoboth, MA 02769
Open warehouse facility with central air, propane heat, multiple overhead doors, and on-site parking.
Property Size6,400 SF
Lot Size0.82 Acres
Price / SF$152.33
Days on Market96
Property Features for 157 TREMONT Street
General Information
Standard status
Active
Size
6,400 SF
Lot size
0.82 Acres
Property subtype
General Commercial
Additional Details
Conditioned Warehouse
Yes
Taxes and HOA fees
Annual Taxes
$5,458
Amenities
3
20 Parking Spaces.
Building Details
Year Built
2006
Listing Agency:
Coldwell Banker Realty
(508) 336-4745
Listed By:
Robert Sam Barchi
(508) 336-4745
Source:
Xome
Added: May 8
Changed: Aug 11
Last Checked: Aug 11 at 5:38AM
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.
Built in 2006, this warehouse contains 6,400 square feet of open interior space on a 35,719-square-foot lot. The building has central air, propane heat, and ceiling clearance ranging from 13 feet at the trusses to 11 feet in the tapered areas. Four overhead doors support access, including two 10-foot doors and two 12-foot doors. The property also includes 20 parking spaces.
The facility is located at 157 Tremont Street in Rehoboth, Massachusetts, approximately five minutes from Taunton and Attleboro, 25 minutes from Providence, 30 minutes from New Bedford, and 70 minutes from Boston. A Title 5-approved septic system and well date to 2006.
The facility is located at 157 Tremont Street in Rehoboth, Massachusetts, approximately five minutes from Taunton and Attleboro, 25 minutes from Providence, 30 minutes from New Bedford, and 70 minutes from Boston. A Title 5-approved septic system and well date to 2006.
Key Highlights
- 6,400 square feet of warehouse space on a 35,719‑square‑foot lot
- Four overhead doors: two 10‑foot doors and two 12‑foot doors
- Ceiling height ranges from 13 feet at the trusses 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
Property Profile
Current Use
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 - Open warehouse facility with central air, propane heat, multiple overhead doors, and on-site parking.
Where is this warehouse located?
The property is located at 157 TREMONT Street 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 square feet of warehouse space on a 35,719‑square‑foot lot; Four overhead doors: two 10‑foot doors and two 12‑foot doors; Ceiling height ranges from 13 feet at the trusses to 11 feet
