Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2104 Ocean St Marshfield, MA 2050

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,250,000

    Almost 2 acres of commercial land with high visibility.

    Type:Commercial
    Added:
    Jun 13, 2025
    Days on Market:
    317
    Last Refresh:
    Apr 5 at 8:21 pm

    Property Features for 2104 Ocean St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    John Farraher

    Listing agent John Farraher

    Listing office John F Farraher Broker

    Listing date Jun 13, 2025

    Source Corcoran

    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 John F Farraher Broker

    Overview

    Commercial Land on RTE 139

    This commercial land offers a prime opportunity with direct frontage on Route 139. The property features almost 2 acres of level, cleared soil situated in a highly visible commercial area. It is zoned as business 2, which allows for a variety of potential uses, including office space, retail establishments, banks, and membership clubs. Prospective buyers and their agents are advised to conduct their own due diligence regarding zoning regulations, permitting requirements, and allowable uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center 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
    Marshfield
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7148
    Latitude
    42.0933

    Nearby Similar for Sale

    • $1,275,000
      5,000 SF

      Marshfield Office Condo on Route 139

      5,000 SF office condo with excellent visibility and parking.
      1000 Plain St 2, Marshfield, MA 02050
      View Details
    • $1,275,000
      5,000 SF

      Marshfield Office Condo For Sale

      5,000 SF office condo on Route 139 in Marshfield.
      1000 Plain Street #2, Marshfield, MA 02050
      View Details
    • $2,500,000
      10,806 SF

      Marshfield Office Building For Sale

      Office building with prime location, easy access, and good visibility.
      1025 Plain Street, Marshfield, MA 02050
      View Details
    • $699,000
      4,490 SF

      Marshfield Center Professional Office Building

      Multi-tenant office building in excellent condition, Marshfield Center location.
      737 Webster St, Marshfield, MA
      View Details
    • $499,000
      1,016 SF

      Corner Lot Commercial Building

      Freestanding building in Brant Rock village, steps from the beach.
      17 Dyke Rd, Marshfield, MA 02050
      View Details
    • Contact for pricing
      456 SF

      Commercial Kitchen and Storage Space

      Commercial-grade kitchen and storage space suitable for food-related businesses.
      420 Furnace St, Marshfield, MA 02050
      View Details
    • $1,350,000
      5,500 SF

      Spacious Office Condo For Sale

      Second-floor office condo with private offices, open space, and parking.
      1000 Plain St, Marshfield, MA
      View Details
    • Contact for pricing

      Two Office Spaces Available

      Two office spaces with bathrooms, suitable for various businesses.
      883 Moraine St, Marshfield, MA 02050
      View Details
    • $1,729,000
      8,000 SF

      Retail Space For Sale

      8,000 SqFt retail space available with 4.25% CAP.
      2169 Ocean St, Marshfield, MA 02050
      View Details
    • Contact for pricing

      Waterfront Development Opportunity in Marshfield

      2.8-acre waterfront site zoned B-4 in Marshfield, Massachusetts.
      239 Ocean St, Marshfield, MA
      View Details
    • $1,570,000
      10,018 SF

      Marshfield Rooming House For Sale

      15-room Marshfield rooming house with recent renovations and on-site manager.
      1122 Ocean St, Marshfield, MA 02050
      View Details
    • $1,300,000
      5,852 SF

      Mixed-Use Property in Marshfield Center

      5,852 SF mixed-use property with four rental units.
      58 Main St, Marshfield, MA
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost 2 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 2104 Ocean St Marshfield, MA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Prime commercial location directly on Route 139.; Almost 2 acres of level, cleared land.; Zoned Business 2, offering diverse commercial opportunities.
    (781) 413-6800
    We can help!
    Listing Contact
    John Farraher
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!