For Sale
$748,000
356 Ma Rte 6A, East Sandwich, MA 02537
Standalone commercial building with public water, wall-unit cooling, and a parking area surrounding the property.
Property Size1,440 SF
Lot Size1.00 Acre
Price / SF$519.44
Days on Market200
Property Features for 356 Ma Rte 6A
General Information
Standard status
Active
Property type
Office buildings, Office Spaces, Storefront properties, Retail properties & Spaces, Commercial real estate
Size
1,440 SF
Lot size
1.00 Acre
Building Details
Year Built
1945
Listed By:
Betty Allen
(508) 888-6545
Added: Apr 3
Changed: Sep 1
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Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,275
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,500
$605.5K
Cap Rate 7%
$432,500
$432.5K
Cap Rate 9%
$336,389
$336.4K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$50.5K $35.04/SF
− Vacancy
−$10.1K −$7.01/SF
EGI
$40.4K $28.03/SF
− OpEx
−$10.1K −$7.01/SF
NOI
$30.3K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,500
Cap Rate 7%
$432,500
Cap Rate 9%
$336,389
Alternative Uses
Best Use
Office B
$432.5K
$378.4K – $504.6K
NOI $30,275 @ 7.0% cap · market cap 4.05%
Second Best
Retail
$422.5K
$369.7K – $492.9K
NOI $29,575 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$586.8K
$513.5K – $684.6K
NOI $41,077 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 02537, MA
6,178
Population
3,280
Households
1.9
Avg Household Size
50
Median Age
52%
College-Educated
99%
High-School Grad
13.7 sq mi
ZIP Area
451
Density / Sq Mi
$131,150
Median Household Income
$57,167
Median Earnings
$1,328
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Standalone commercial building with public water, wall-unit cooling, and a parking area surrounding the property.
Where is this office building located?
The property is located at 356 Ma Rte 6A East Sandwich, MA.
What is the asking price?
The asking price for this property is $748,000.
