Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Raynham Office Space For Rent Title is generated by Realmo AI

    2-1244 Broadway, Raynham, MA 02767

    View on Map
    Claim this Listing
    For Lease
    $2,200/Mo $13 SF/Yr (calc)

    Professional office space available in Raynham, Route 138.

    Property size:
    1,985 SF
    Added:
    Mar 14, 2026
    Days on Market:
    81
    Last Refresh:
    Jun 1 at 2:37 am

    Property Features for 2-1244 Broadway

    General Information

    Standard status
    Active
    Size
    1,985 SF

    We can help!

    Listing Contact
    Bruno Real Estate Advisors

    Listing agent Bruno Real Estate Advisors

    Listing office RE/MAX Real Estate Center

    Listing date Mar 14, 2026

    Source Exprealty

    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 RE/MAX Real Estate Center

    HighLights

    • Prime location on Rte 138 at intersection of Route 495.
    • Easy highway access to Cape, Boston, Rhode Island, and Worcester.
    • Handicap accessible first‑floor office.
    • High visibility and signage.
    • Ample parking.
    • 8‑room office layout: reception, staff room, 5 offices, and utility/storage.

    Overview

    This professional office space is suitable for medical or general office use. Located on the first floor, the space is handicap accessible and features 8 rooms, including a reception area, staff room, 5 offices, and a utility/storage room. The property benefits from high visibility and signage opportunities. Ample parking is available. The location is prime, situated on Route 138 at the intersection of Route 495, providing easy highway access. It is equidistant to Cape Cod, Boston, Rhode Island, and Worcester. The property size is 1985 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raynham
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.085647
    Latitude
    41.931485

    Nearby Similar for Lease

    • $2,200/Mo
      750 SF

      Raynham Commercial Space For Lease

      Versatile commercial space with garage bay and excellent visibility.
      150 Broadway, Raynham, MA 02767
      View Details
    • $2,200/Mo

      Raynham Mixed-Use Commercial Space

      Versatile space ideal for contractors, storage, or light manufacturing.
      150 Broadway #RR, Raynham, MA 02767
      View Details
    • $2,300/Mo
      1,710 SF

      Raynham Office Space Available

      First-class office space in a prime Raynham location.
      6-1244 Broadway, Raynham, MA
      View Details
    • Contact for pricing
      2,582 SF

      Raynham Office Sublease Opportunity

      Office space available for sublease in Raynham, Massachusetts.
      106 Route 44, Raynham, MA 02767
      View Details
    • Contact for pricing
      1,537 SF

      Raynham Retail Space Available

      Retail space available in Raynham, anchored by Shaw's.
      300 New State Hwy, Raynham, MA
      View Details
    • Contact for pricing
      4,983 SF

      Freestanding Restaurant Building For Lease

      4,983 SF restaurant building available for lease on 1.10-acre site.
      235 New State Hwy, Raynham, MA
      View Details
    • Contact for pricing
      2,856 SF

      Freestanding Building on Route 44

      2,856 SF building for lease on 0.69 acre site.
      469 South St W, Raynham, MA
      View Details
    • Contact for pricing
      3,000 SF

      Raynham Woods Office Space

      3,000 SF office space in Raynham Woods Commerce Center.
      10 Commerce Way, Raynham, MA
      View Details
    • Contact for pricing
      11,000 SF

      Raynham Warehouse/Showroom Space Available

      Warehouse/showroom space with regional access via Route 24 and I-495.
      600 S St W, Raynham, MA
      View Details
    • Contact for pricing
      6,000 SF

      Raynham Industrial Space For Rent

      3,000 SF industrial space available for rent in Raynham.
      65 Ryan Dr, Raynham, MA
      View Details
    • Contact for pricing
      7,200 SF

      Raynham Retail and Medical Space

      Retail and medical/office space available in Raynham, Massachusetts.
      768 Broadway, Raynham, MA
      View Details
    • Contact for pricing

      Retail Space in Shaw's Plaza

      Retail space for lease in Raynham, Massachusetts.
      300 New State Highway, Raynham, MA 02767
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Professional office space available in Raynham, Route 138.
    Where is this medical office space located?
    The property is located at 2-1244 Broadway Raynham, MA.
    What is the lease rate?
    The lease rate is $2,200 /Mo.
    What are key features of this property?
    This property features: Prime location on Rte 138 at intersection of Route 495.; Easy highway access to Cape, Boston, Rhode Island, and Worcester.; Handicap accessible first‑floor office.
    (508) 269-4724
    We can help!
    Listing Contact
    Bruno Real Estate Advisors
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2-1244 Broadway, Raynham, MA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!