Flex Space with Ground-Level
New
For Sale
$260,000
270 Communication Way UNIT 5D, Hyannis, MA 02601
An open-plan commercial unit offers high ceilings and a layout suited to workshop, storage, trades, or small business use.
Property Size1,000 SF
Days on Market4
Property Features for 270 Communication Way UNIT 5D
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
IND
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,184
Building Details
Building Size
1,000 SF
Year Built
1988
Stories
1
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Oct 7
Last Checked: Oct 9 at 4:10PM
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
Investment Insights
Based on property information with market context.
Unit 5D is a flex space condominium with an open floor plan, high ceilings, and ground-level entry. Built in 1988, the unit’s configuration supports workshop, storage, trades, or small business operations.
The property is at 270 Communication Way in Hyannis, within the Communication Way complex. Route 132, Route 28, and Route 6 provide nearby road access, and parking is available on site.
The property is at 270 Communication Way in Hyannis, within the Communication Way complex. Route 132, Route 28, and Route 6 provide nearby road access, and parking is available on site.
Key Highlights
- Open‑plan flex space with high ceilings
- Ground‑level entry
- Built in 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$972 −$0.97/SF
EGI
$20.6K $20.63/SF
− OpEx
−$6.2K −$6.19/SF
NOI
$14.4K $14.44/SF
Area
Barnstable County, MA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Industrial
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 5.55%
Second Best
Flex RnD
$196.5K
$171.9K – $229.2K
NOI $13,753 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$407.5K
$356.6K – $475.4K
NOI $28,525 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02601, MA
16,487
Population
9,077
Households
1.8
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$62,989
Median Household Income
$36,183
Median Earnings
$1,629
Median Rent
$408,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Cafe Express and Express Cafe @ Porky's BBQ & Grill — 75 Perseverance Way, Hyannis, MA 02601
Frequently Asked Questions
What type of property is this?
Flex space - An open-plan commercial unit offers high ceilings and a layout suited to workshop, storage, trades, or small business use.
Where is this flex space located?
The property is located at 270 Communication Way UNIT 5D Hyannis, MA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Open‑plan flex space with high ceilings; Ground‑level entry; Built in 1988
