First-Floor Office
New
For Sale
Contact for pricing
16 Village Landing, Chatham, MA 02633
The workspace is on the ground level, with on-site parking and shared building areas.
Property Size3,024 SF
Days on Market2
Property Features for 16 Village Landing
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Commercial
Zoning
GB3
Additional Details
Floor
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,557
Amenities
well-maintained common areas
Building Details
Building Size
3,024 SF
Year Built
1985
Stories
2
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Oct 30
Last Checked: Oct 30 at 3:06PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit occupies the first floor of a building constructed in 1985. Shared common areas and on-site parking serve the property, which is zoned GB3.
At 16 Village Landing in Chatham, the office is near downtown shops and restaurants.
At 16 Village Landing in Chatham, the office is near downtown shops and restaurants.
Key Highlights
- First‑floor office unit
- On‑site parking
- Zoned GB3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,577
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,540
$1.3M
Cap Rate 7%
$908,243
$908.2K
Cap Rate 9%
$706,411
$706.4K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$106.0K $35.04/SF
− Vacancy
−$21.2K −$7.01/SF
EGI
$84.8K $28.03/SF
− OpEx
−$21.2K −$7.01/SF
NOI
$63.6K $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%
$1,271,540
Cap Rate 7%
$908,243
Cap Rate 9%
$706,411
Alternative Uses
Best Use
Office B
$908.2K
$794.7K – $1.06M
NOI $63,577 @ 7.0% cap · market cap 4,709.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,261 @ 7.0% cap · market cap 6,389.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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Business Placement
Demographics for 02633, MA
4,664
Population
5,425
Households
0.9
Avg Household Size
62
Median Age
65%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
542
Density / Sq Mi
$94,036
Median Household Income
$50,038
Median Earnings
$1,005
Median Rent
$881,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The workspace is on the ground level, with on-site parking and shared building areas.
Where is this office unit located?
The property is located at 16 Village Landing Chatham, MA.
What are key features of this property?
This property features: First‑floor office unit; On‑site parking; Zoned GB3
