Flex Building with Office and
28 Nicoletta's Wy & 526 Main, Mashpee, MA 02649
For Sale
New
Contact for pricing
A two-story finished office component connects directly to an open-span shop area.
Property Size2,004 SF
Lot Size3.97 Acres
Price / SF$1.98
Days on Market6
Property Features for 28 Nicoletta's Wy & 526 Main
General Information
Standard status
Size
Lot size
Lease Term
Warehouse & Industrial
Clear Height
Clear Span
Warehouse Space
Office Build-Out
Additional Details
Fenced Yard
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Hartel Realty
(508) 444-0172
Listed By:
Greg Hartel · License #9511655
(617) 256-3169
Source:
Iverty
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 10:10AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines 8,103 square feet of shop and warehouse space with 4,551 square feet of finished office space, for a total of 12,654 square feet. The two-level offices connect to a column-free shop area. Six overhead doors serve the building, which has 17'6" of clear height.
The property includes fleet parking, a gated outdoor yard and an adjoining support parcel. Two parcels are offered together on a combined 3.97-acre site. The building was constructed in 2004.
The property includes fleet parking, a gated outdoor yard and an adjoining support parcel. Two parcels are offered together on a combined 3.97-acre site. The building was constructed in 2004.
Key Highlights
- 12,654 SF building: 8,103 SF shop‑warehouse and 4,551 SF finished office
- Combined 3.97‑acre site across two parcels
- Six overhead doors and 17'6" clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,030
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,480,600
$3.5M
Cap Rate 7%
$2,486,143
$2.5M
Cap Rate 9%
$1,933,667
$1.9M
Market Conditions
NOI Build-Up for 12,654 SF
Gross rent
$288.5K $22.80/SF
− Vacancy
−$20.8K −$1.64/SF
EGI
$267.7K $21.16/SF
− OpEx
−$93.7K −$7.41/SF
NOI
$174.0K $13.75/SF
Area
Barnstable County, MA
Vacancy
7.20%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,480,600
Cap Rate 7%
$2,486,143
Cap Rate 9%
$1,933,667
Alternative Uses
Best Use
Warehouse
$3.17M
$2.77M – $3.70M
NOI $221,873 @ 7.0% cap · market cap 887.49%
Second Best
Industrial
$2.61M
$2.28M – $3.05M
NOI $182,719 @ 7.0% cap · market cap 730.88%
Theoretical Best
Office A
$5.16M
$4.51M – $6.02M
NOI $360,961 @ 7.0% cap · market cap 1,443.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
17 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02649, MA
15,060
Population
10,522
Households
1.4
Avg Household Size
55
Median Age
44%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
644
Density / Sq Mi
$95,852
Median Household Income
$52,826
Median Earnings
$1,808
Median Rent
$515,800
Median Home Value
Market
Average Price Trend$/SF for Flex space in Barnstable County, MA
Properties on Market for Flex space in Barnstable County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A two-story finished office component connects directly to an open-span shop area.
Where is this flex space located?
The property is located at 28 Nicoletta's Wy & 526 Main Mashpee, MA.
What are key features of this property?
This property features: 12,654 SF building: 8,103 SF shop‑warehouse and 4,551 SF finished office; Combined 3.97‑acre site across two parcels; Six overhead doors and 17'6" clear height
