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Second-Floor Office Unit
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27 Jefferson St Unit 3, Taunton, MA 02780

A compact professional office with shared restroom access and on-site and street parking.

Property Size230 SF
Price / SF$2.83
Days on Market7

Property Features for 27 Jefferson St Unit 3

General Information

Standard status Active
Size 230 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Floor 2

Building Details

Year Built 1900
Listing Agency: Ballow and Hutchinson Realty Group, Inc.
Listed By: Michael Ballow
Source: Lockandkeyre
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 9:47AM

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 Ballow and Hutchinson Realty Group, Inc.

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Investment Insights

Based on property information with market context.

This second-floor office unit contains 230 square feet and shares a bathroom on the same floor. The building dates to 1900 and has a main entrance at 27 Jefferson St in Taunton.

The property is off Broadway near Route 138, with Taunton Trial Court, Route 495, industrial parks, and restaurants in the surrounding area. On-site and street parking are available.

Key Highlights

  • 230‑square‑foot office unit on the second floor
  • Shared bathroom on the same floor
  • On‑site and street parking available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,780
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,600 $75.6K
Cap Rate 7%
$54,000 $54.0K
Cap Rate 9%
$42,000 $42.0K
Market Conditions
NOI Build-Up for 230 SF
Gross rent
$6.3K $27.36/SF
− Vacancy
−$1.3K −$5.44/SF
EGI
$5.0K $21.92/SF
− OpEx
−$1.3K −$5.48/SF
NOI
$3.8K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,600
Cap Rate 7%
$54,000
Cap Rate 9%
$42,000

Alternative Uses

Best Use
Office B
$54.0K
$47.3K – $63.0K (±1% cap)
NOI $3,780 @ 7.0% cap · market cap 581.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$140.1K
$122.6K – $163.4K (±1% cap)
NOI $9,805 @ 7.0% cap · market cap 1,508.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

John W De ... Land Surveyor Lighthouse Land Surveying ... Land Surveyor W Engineering, LLC Civil Engineer

Suggested Use

Top Pick Gym & Fitness Center Furniture & Home Goods Dental Office Skin Care Clinic Storage Facility Bakery

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

Demographics for 02780, MA

52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 units - A compact professional office with shared restroom access and on-site and street parking.
Where is this office units located?
The property is located at 27 Jefferson St Unit 3 Taunton, MA.
What are key features of this property?
This property features: 230‑square‑foot office unit on the second floor; Shared bathroom on the same floor; On‑site and street parking available
More about this property
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