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Two-Office Commercial Suite

230 Jones Rd Suite 7A, Falmouth, MA 02540

For Sale
Contact for pricing

The interior also includes a reception area, closet, and built-in shelving.

Property Size350 SF
Price / SF$1.43
Days on Market10

Property Features for 230 Jones Rd Suite 7A

General Information

Standard status Active
Size 350 SF

Additional Details

Office Units 5
Property Use Office

Amenities

reception area
built-in shelving

Building Details

Year Built 1984
Buildings 1
Tenancy Multi
Listing Agency: Hartel Realty
Listed By: Greg Hartel · License #9511655
Source: Lockandkeyre
Added: Oct 28 Changed: Nov 6 Last Checked: Nov 6 at 9:26AM

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 Hartel Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 350-square-foot office condominium is arranged with two private offices, a reception area, a closet, and built-in shelving. It occupies one suite in a five-unit building constructed in 1984, alongside other businesses.

The property is at the Jones Road and Gifford Street corner in Falmouth, less than half a mile east of Route 28 and the Falmouth Hospital and Medical Community. The Homeport Complex borders the building, and nearby uses include retail and professional offices.

Key Highlights

  • 350 SF office condominium with two private offices
  • Reception area, closet, and built‑in shelving
  • Located in a five‑unit building constructed in 1984

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,358
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,160 $147.2K
Cap Rate 7%
$105,114 $105.1K
Cap Rate 9%
$81,756 $81.8K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$12.3K $35.04/SF
− Vacancy
−$2.5K −$7.01/SF
EGI
$9.8K $28.03/SF
− OpEx
−$2.5K −$7.01/SF
NOI
$7.4K $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%
$147,160
Cap Rate 7%
$105,114
Cap Rate 9%
$81,756

Alternative Uses

Best Use
Office B
$105.1K
$92.0K – $122.6K (±1% cap)
NOI $7,358 @ 7.0% cap · market cap 1,471.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.6K
$124.8K – $166.4K (±1% cap)
NOI $9,984 @ 7.0% cap · market cap 1,996.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Bridges Insurance Group ... Insurance Agency Falmouth Chiropractic: Lakatos ... Alternative Medicine Practice Muse Salon Hair Salon Hartel Realty Real Estate Agency Appraisal Company of New ... Real Estate Agency

Suggested Use

Top Pick Storage Facility Electrical Service Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

Demographics for 02540, MA

8,450
Population
6,200
Households
1.4
Avg Household Size
61
Median Age
59%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
768
Density / Sq Mi
$88,266
Median Household Income
$52,243
Median Earnings
$1,328
Median Rent
$756,300
Median Home Value

Market

Average Price Trend$/SF for Office Units in Falmouth, MA

$198 Jul
$226 Aug
$211 Sep
$176 Oct

Properties on Market for Office Units in Falmouth

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The interior also includes a reception area, closet, and built-in shelving.
Where is this office unit located?
The property is located at 230 Jones Rd Suite 7A Falmouth, MA.
What are key features of this property?
This property features: 350 SF office condominium with two private offices; Reception area, closet, and built‑in shelving; Located in a five‑unit building constructed in 1984
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Includes: Price & PSF · Cap rate · Location · Zoning

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