Building Details

Year Built 2007

Tenancy Multi

Listing Agency: eXp Realty LLC Show Phone

Listed By: Jill Ripley Show Phone

Source: Churchillprop

Added: Nov 3 Last Checked: Nov 6 at 6:43AM

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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 eXp Realty LLC

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Investment Insights

Based on property information with market context.

Located at 284 Monponsett St #209A in Halifax, this 955-square-foot retail suite is part of Shelby Plaza, a commercial property built in 2007. Other plaza units are occupied by businesses spanning dining, personal services, healthcare, retail, and recreation.

The property is next to Featherwinds, a 55+ condominium community, and near national retailers, restaurants, and other local businesses. The suite is identified as the plaza’s sole available unit.

Key Highlights

• 955‑square‑foot retail suite at 284 Monponsett St #209A, Halifax
• Built in 2007
• Other plaza tenants include dining, personal services, healthcare, retail, and recreation businesses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,691

Suggested Prices Based on Cap Rates

Cap Rate 5%

$313,820 $313.8K

Cap Rate 7%

$224,157 $224.2K

Cap Rate 9%

$174,344 $174.3K

What to ask about pricing

Market Conditions

NOI Build-Up for 955 SF

Gross rent

$22.9K $24.00/SF

− Vacancy

−$504 −$0.53/SF

EGI

$22.4K $23.47/SF

− OpEx

−$6.7K −$7.04/SF

NOI

$15.7K $16.43/SF

Area

Plymouth County, MA

Vacancy

2.20%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$313,820

Cap Rate 7%

$224,157

Cap Rate 9%

$174,344

Alternative Uses

Best Use

Retail

$224.2K

$196.1K – $261.5K (±1% cap)

NOI $15,691 @ 7.0% cap · market cap 1,307.58%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$565.4K

$494.7K – $659.6K (±1% cap)

NOI $39,575 @ 7.0% cap · market cap 3,297.92%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dr. Daniel Greenstein Dental Office PRISCILLA MARTINEZ Physician Harmony Two Inc (Bike/Boat/Book/etc) Store The Healing Table Gym & Fitness Center Hugill Karen M Physician

Suggested Use

Top Pick HVAC Service Auto Repair Shop Real Estate Agency Hair Salon Dental Office Locksmith

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

181

Businesses Nearby

85k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 64% Shops & Services 25% Dining 11%

Walmart Superstores

53,703 visits/mo 0.3 miles

Cumberland Farms Shops & Services

18,151 visits/mo 0.1 miles

Dunkin' Donuts Dining

7,647 visits/mo 0.2 miles

O'Reilly Auto Parts Shops & Services

3,025 visits/mo 0.1 miles

SUBWAY Dining

2,006 visits/mo 0.1 miles

Demographics for 02338, MA

7,749

Population

3,041

Households

2.5

Avg Household Size

45

Median Age

33%

College-Educated

96%

High-School Grad

16.0 sq mi

ZIP Area

484

Density / Sq Mi

$106,851

Median Household Income

$60,941

Median Earnings

$1,494

Median Rent

$442,800

Median Home Value

Market

Average Price Trend$/SF for Retail space in Plymouth County, MA

$335 Jul

$268 Aug

$199 Sep

$179 Oct

Properties on Market for Retail space in Plymouth County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - The available space sits among occupied units serving dining, personal-service, healthcare, retail, and recreation businesses.

Where is this retail space located?

The property is located at 284 Monponsett St # 209A Halifax, MA.

What are key features of this property?

This property features: 955‑square‑foot retail suite at 284 Monponsett St #209A, Halifax; Built in 2007; Other plaza tenants include dining, personal services, healthcare, retail, and recreation businesses