Office Units with Vaulted Common
For Sale
Contact for pricing
5 Parker Rd, Barnstable, MA 02655
Two private workspaces support confidential meetings and focused work.
Property Size966 SF
Price / SF$3.42
Days on Market186
Property Features for 5 Parker Rd
General Information
Standard status
Active
Size
966 SF
Property subtype
Commercial
Building Details
Year Built
1952
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Lockandkeyre
Added: Apr 14
Changed: Oct 15
Last Checked: Oct 15 at 12:58AM
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 966-square-foot office property combines a substantial shared area with two private workspaces. The common area features vaulted ceilings and new flooring, while the overall interior is described as well maintained. The layout accommodates both open administrative functions and enclosed offices for meetings or consultations.
Positioned at the corner of Parker Road and Bay Street, the property is adjacent to Main Street in Osterville. Built in 1952, it offers a compact office configuration for professional, consulting, creative, or administrative use, subject to applicable requirements.
Positioned at the corner of Parker Road and Bay Street, the property is adjacent to Main Street in Osterville. Built in 1952, it offers a compact office configuration for professional, consulting, creative, or administrative use, subject to applicable requirements.
Key Highlights
- 966 SF office property
- Large common area with vaulted ceilings and new floors
- Two private workspaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,309
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,180
$406.2K
Cap Rate 7%
$290,129
$290.1K
Cap Rate 9%
$225,656
$225.7K
Market Conditions
NOI Build-Up for 966 SF
Gross rent
$33.8K $35.04/SF
− Vacancy
−$6.8K −$7.01/SF
EGI
$27.1K $28.03/SF
− OpEx
−$6.8K −$7.01/SF
NOI
$20.3K $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%
$406,180
Cap Rate 7%
$290,129
Cap Rate 9%
$225,656
Alternative Uses
Best Use
Office B
$290.1K
$253.9K – $338.5K
NOI $20,309 @ 7.0% cap · market cap 615.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.7K
$344.5K – $459.3K
NOI $27,556 @ 7.0% cap · market cap 835.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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Business Placement
Demographics for 02655, MA
3,591
Population
3,014
Households
1.2
Avg Household Size
57
Median Age
58%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
552
Density / Sq Mi
$100,927
Median Household Income
$52,368
Median Earnings
$1,781
Median Rent
$746,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Two private workspaces support confidential meetings and focused work.
Where is this office units located?
The property is located at 5 Parker Rd Barnstable, MA.
What are key features of this property?
This property features: 966 SF office property; Large common area with vaulted ceilings and new floors; Two private workspaces
