7-Unit Professional Office
444 Waquoit Highway, Falmouth, MA 02536
For Sale
New
Contact for pricing
Several suites have layouts suited to medical office operations.
Property Size250 SF
Days on Market1
Property Features for 444 Waquoit Highway
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Office Units
Property Use
Building Details
Building Size
Year Built
Stories
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Nov 6
Last Checked: Nov 6 at 2:44PM
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 Classic Cape Real Estate, LLC
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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 office property contains 7 units, each with approximately 250 square feet or more. Several suites have existing medical-office layouts, and zoning is BU. The building dates to 1987.
Located at 444 Waquoit Highway in Falmouth, Massachusetts, the property offers office suites in varying sizes for professional occupancy.
Located at 444 Waquoit Highway in Falmouth, Massachusetts, the property offers office suites in varying sizes for professional occupancy.
Key Highlights
- 7 office units available
- Each unit offers approximately 250 square feet or more
- Several suites already have medical‑office layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,534
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,680
$70.7K
Cap Rate 7%
$50,486
$50.5K
Cap Rate 9%
$39,267
$39.3K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$6.3K $25.20/SF
− Vacancy
−$410 −$1.64/SF
EGI
$5.9K $23.56/SF
− OpEx
−$2.4K −$9.42/SF
NOI
$3.5K $14.14/SF
Area
Barnstable County, MA
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,680
Cap Rate 7%
$50,486
Cap Rate 9%
$39,267
Alternative Uses
Best Use
Office B
$75.1K
$65.7K – $87.6K
NOI $5,256 @ 7.0% cap · market cap 26,280.00%
Second Best
Healthcare Medical
$50.5K
$44.2K – $58.9K
NOI $3,534 @ 7.0% cap · market cap 17,670.00%
Theoretical Best
Office A
$101.9K
$89.1K – $118.9K
NOI $7,131 @ 7.0% cap · market cap 35,655.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
7
Office units
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 02536, MA
19,993
Population
12,151
Households
1.6
Avg Household Size
53
Median Age
45%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
730
Density / Sq Mi
$95,295
Median Household Income
$52,868
Median Earnings
$1,473
Median Rent
$496,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in Falmouth, MA
Properties on Market for Office Units in Falmouth
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Several suites have layouts suited to medical office operations.
Where is this office unit located?
The property is located at 444 Waquoit Highway Falmouth, MA.
What are key features of this property?
This property features: 7 office units available; Each unit offers approximately 250 square feet or more; Several suites already have medical‑office layouts
