Office Property with
4 Edgerton Dr, Falmouth, MA 02556
For Sale
$1,795,000
Office space includes private offices, a conference room, a two-stall garage, and approval for an additional building.
Property Size5,115 SF
Lot Size0.83 Acres
Price / SF$350.93
Days on Market19
Property Features for 4 Edgerton Dr
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
conference room
garage
turnaround space
new architectural roofing
stone walls
mature trees
Building Details
Building Size
Year Built
Buildings
Abandoned
Listing Agency:
Serhant
(617) 250-0559
Listed By:
Cutter Luxe Team
(774) 240-9174
Source:
Condonrealty
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 2:24PM
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 Serhant
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 5,115-square-foot office property occupies 0.83 acres and includes multiple private offices, a conference room, and a two-stall garage. Paved parking and a turnaround serve the site, which also has a new architectural roof. Zoning is LIA, legal conforming.
Approval is in place for an additional 3,000-square-foot building. The property is near North Falmouth Village, Old Silver Beach, and Route 28A.
Approval is in place for an additional 3,000-square-foot building. The property is near North Falmouth Village, Old Silver Beach, and Route 28A.
Key Highlights
- 5,115‑square‑foot office property on 0.83 acres
- Multiple private offices and a dedicated conference room
- Two‑stall garage, paved parking, and turnaround space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,538
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,760
$2.2M
Cap Rate 7%
$1,536,257
$1.5M
Cap Rate 9%
$1,194,867
$1.2M
Market Conditions
NOI Build-Up for 5,115 SF
Gross rent
$179.2K $35.04/SF
− Vacancy
−$35.8K −$7.01/SF
EGI
$143.4K $28.03/SF
− OpEx
−$35.8K −$7.01/SF
NOI
$107.5K $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%
$2,150,760
Cap Rate 7%
$1,536,257
Cap Rate 9%
$1,194,867
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,538 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,908 @ 7.0% cap · market cap 8.13%
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
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 02556, MA
3,338
Population
2,751
Households
1.2
Avg Household Size
58
Median Age
69%
College-Educated
100%
High-School Grad
3.9 sq mi
ZIP Area
856
Density / Sq Mi
$133,929
Median Household Income
$68,750
Median Earnings
$658,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Barnstable County, MA
Properties on Market for Office buildings in Barnstable County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office space includes private offices, a conference room, a two-stall garage, and approval for an additional building.
Where is this office building located?
The property is located at 4 Edgerton Dr Falmouth, MA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 5,115‑square‑foot office property on 0.83 acres; Multiple private offices and a dedicated conference room; Two‑stall garage, paved parking, and turnaround space
