Corner Office Building with
445 Faunce Corner Rd Dartmouth North Dartmouth, MA 02747
445 Faunce Corner Rd Dartmouth, North Dartmouth, MA, 02747
$2,050,000
For Sale
$2,050,000
Bright, multi-level office building with ample parking, bathrooms on every level, and basement storage.
Property Size6,388 SF
Price / SF$320.91
Days on Market49
Property Features for 445 Faunce Corner Rd Dartmouth
General Information
- Standard status
- Active
- Size
- 6,388 SF
Building Details
- Year Built
- 2004
Listing agency
(508) 643-8166
Listed by
Sharon Lucido
(508) 643-8166
Source
Bournetosellrealestate
Added: Jun 4 Updated: Jul 22 at 3:22PM Checked: Jul 22 at 3:22PM
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 Sharon Lucido
Investment Insights
Based on property information with market context.
This corner office building offers bright interior spaces and practical support areas for everyday operations. Bathrooms are located on every level, and there is a kitchen area and conference room on the second level. The building also includes storage in the basement with access from both the exterior and the interior. Plans are available for review.
Situated at the intersection of Faunce Corner and Ventura Drive, the property is positioned minutes from Route 195 and close to New Bedford’s north end via Old Fall River Road. The site is near medical centers, wellness offices, restaurants, coffee shops, fitness centers, apartments, and is described as being near the law school.
The building’s stated visibility is 10+ and it is supported by ample parking for client and staff access.
Situated at the intersection of Faunce Corner and Ventura Drive, the property is positioned minutes from Route 195 and close to New Bedford’s north end via Old Fall River Road. The site is near medical centers, wellness offices, restaurants, coffee shops, fitness centers, apartments, and is described as being near the law school.
The building’s stated visibility is 10+ and it is supported by ample parking for client and staff access.
Key Highlights
- 2004‑built, multi‑level office building with bright, sunny interior spaces
- Corner location on Faunce Corner and Ventura Drive with ample parking
- Minutes from Route 195 near New Bedford’s north end via Old Fall River Road
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.8k | $27.36 |
| − Vacancy | −$34.8k | −$5.44 |
| EGI | $140.0k | $21.92 |
| − OpEx | −$35.0k | −$5.48 |
| NOI | $105.0k | $16.44 |
6,388 SF · lease $27.36/SF/yr · vacancy 19.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,996 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M
NOI $272,313 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Bright, multi-level office building with ample parking, bathrooms on every level, and basement storage.
Where is this office building located?
The property is located at 445 Faunce Corner Rd Dartmouth North Dartmouth, MA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 2004‑built, multi‑level office building with bright, sunny interior spaces; Corner location on Faunce Corner and Ventura Drive with ample parking; Minutes from Route 195 near New Bedford’s north end via Old Fall River Road
