Industrial Flex Unit with Overhead
For Sale
Contact for pricing
5 Katie Marie Drive # 6, Bourne, MA 02532
Functional industrial unit with private access, high ceilings, and dedicated restroom facilities.
Property Size1,000 SF
Price / SF$1.75
Days on Market53
Property Features for 5 Katie Marie Drive # 6
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
B-4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7
Building Details
Building Size
1,000 SF
Year Built
2006
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Churchillprop
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 30 at 12:01PM
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 Commercial Realty Advisors, Inc.
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Investment Insights
Based on property information with market context.
This 1,000-square-foot flex unit is located within a 10,000-square-foot industrial condominium building completed in 2006. The space includes a 12-by-12-foot overhead door, high ceilings, a private entrance, and a bathroom. Individual metering supports separate unit operations, while B-4 zoning provides the property’s designated commercial framework.
The unit is situated in Bourne Industrial Park at 5 Katie Marie Drive, just off MacArthur Boulevard. The property offers access to the Bourne Bridge and Routes 25, 195, and 495. Its industrial configuration is suited to the trades, contractor operations, and storage uses identified for the property.
The unit is situated in Bourne Industrial Park at 5 Katie Marie Drive, just off MacArthur Boulevard. The property offers access to the Bourne Bridge and Routes 25, 195, and 495. Its industrial configuration is suited to the trades, contractor operations, and storage uses identified for the property.
Key Highlights
- 1,000‑square‑foot industrial flex unit
- 12' x 12' overhead door and high ceilings
- Located in a 10,000‑square‑foot industrial condo building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,753
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,060
$275.1K
Cap Rate 7%
$196,471
$196.5K
Cap Rate 9%
$152,811
$152.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$22.8K $22.80/SF
− Vacancy
−$1.6K −$1.64/SF
EGI
$21.2K $21.16/SF
− OpEx
−$7.4K −$7.41/SF
NOI
$13.8K $13.75/SF
Area
Barnstable County, MA
Vacancy
7.20%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,060
Cap Rate 7%
$196,471
Cap Rate 9%
$152,811
Alternative Uses
Best Use
Warehouse
$250.5K
$219.2K – $292.2K
NOI $17,534 @ 7.0% cap · market cap 1,001.94%
Second Best
Industrial
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 825.14%
Theoretical Best
Office A
$407.5K
$356.6K – $475.4K
NOI $28,525 @ 7.0% cap · market cap 1,630.00%
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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02532, MA
13,411
Population
7,362
Households
1.8
Avg Household Size
49
Median Age
43%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
972
Density / Sq Mi
$89,411
Median Household Income
$50,372
Median Earnings
$1,474
Median Rent
$477,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Functional industrial unit with private access, high ceilings, and dedicated restroom facilities.
Where is this flex space located?
The property is located at 5 Katie Marie Drive # 6 Bourne, MA.
What are key features of this property?
This property features: 1,000‑square‑foot industrial flex unit; 12' x 12' overhead door and high ceilings; Located in a 10,000‑square‑foot industrial condo building
