Four-Unit Flex Property with
3 Ricketts Pond Dr, Carver, MA 02330
For Sale
New
$400,000
Each unit includes a private bathroom, climate control, and a large insulated overhead door.
Property Size2,026 SF
Price / SF$266.67
Days on Market4
Property Features for 3 Ricketts Pond Dr
General Information
Standard status
Size
Total Parking Spaces
Lease Term
Additional Details
Asking Price
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 4
Changed: Nov 6
Last Checked: Nov 6 at 4:51AM
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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Investment Insights
Based on property information with market context.
This flex property comprises four industrial condominium units, each measuring 1,500 SF. Every unit has a mezzanine, private bathroom, floor drain connected to a tight tank, and a 14' x 14' insulated overhead door. Mini-split systems provide cooling, while Modine gas heaters supply heat. The property also has well water and was built in 2026.
Four parking spaces are included with each unit, and the property offers views of Ricketts Pond.
Four parking spaces are included with each unit, and the property offers views of Ricketts Pond.
Key Highlights
- Four industrial condo units, each 1,500 SF
- Each unit includes a mezzanine, private bathroom, and 14' x 14' insulated overhead door
- Four parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,788
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,760
$555.8K
Cap Rate 7%
$396,971
$397.0K
Cap Rate 9%
$308,756
$308.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$2.3K −$1.50/SF
EGI
$42.8K $28.50/SF
− OpEx
−$15.0K −$9.98/SF
NOI
$27.8K $18.53/SF
Area
Plymouth County, MA
Vacancy
5.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,760
Cap Rate 7%
$396,971
Cap Rate 9%
$308,756
Alternative Uses
Best Use
Flex RnD
$397.0K
$347.4K – $463.1K
NOI $27,788 @ 7.0% cap · market cap 6.95%
Second Best
Warehouse
$266.6K
$233.3K – $311.0K
NOI $18,660 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$888.0K
$777.0K – $1.04M
NOI $62,160 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02330, MA
11,645
Population
5,048
Households
2.3
Avg Household Size
46
Median Age
27%
College-Educated
95%
High-School Grad
37.3 sq mi
ZIP Area
312
Density / Sq Mi
$78,955
Median Household Income
$53,605
Median Earnings
$1,759
Median Rent
$409,800
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Plymouth County, MA
Properties on Market for Flex space in Plymouth County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Each unit includes a private bathroom, climate control, and a large insulated overhead door.
Where is this flex space located?
The property is located at 3 Ricketts Pond Dr Carver, MA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four industrial condo units, each 1,500 SF; Each unit includes a mezzanine, private bathroom, and 14' x 14' insulated overhead door; Four parking spaces per unit
