Medical-Configured Office
446 Waquoit Highway UNIT 446, Falmouth, MA 02536
For Sale
New
Contact for pricing
Several suites are arranged for medical or physician-office use.
Property Size250 SF
Days on Market4
Property Features for 446 Waquoit Highway UNIT 446
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 8
Last Checked: Nov 10 at 5:04AM
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.
Seven office units are available in varying sizes, each measuring approximately 250 square feet or more. Several suites have layouts configured for medical or physician-office operations. The property is at 446 Waquoit Highway in Falmouth, Massachusetts, and was built in 1987. Its zoning designation is BU.
Key Highlights
- Seven office units in a range of sizes
- Each unit offers a minimum of approximately 250 square feet
- Several suites are configured for medical or physician‑office use
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
Second Best
Healthcare Medical
$50.5K
$44.2K – $58.9K
NOI $3,534 @ 7.0% cap
Theoretical Best
Office A
$101.9K
$89.1K – $118.9K
NOI $7,131 @ 7.0% cap
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 are arranged for medical or physician-office use.
Where is this office unit located?
The property is located at 446 Waquoit Highway UNIT 446 Falmouth, MA.
What are key features of this property?
This property features: Seven office units in a range of sizes; Each unit offers a minimum of approximately 250 square feet; Several suites are configured for medical or physician‑office use
