Multi-Level Mixed-Use
5 Suosso Lane, Plymouth, MA 02360
For Sale
New
$800,000
Existing space combines warehouse, storage, office, and utility areas with on-site parking.
Property Size1,900 SF
Days on Market4
Property Features for 5 Suosso Lane
General Information
Standard status
Size
Lease Term
Building Details
Building Size
Year Built
Listing Agency:
South Shore Sotheby's International Realty
(781) 934-2000
Listed By:
Ryan Ahern
(339) 933-9864
Source:
Iverty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 4:17AM
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 South Shore Sotheby's International Realty
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Investment Insights
Based on property information with market context.
At 5 Suosso Lane, this multi-level commercial property contains warehouse, storage, office, and utility areas, along with on-site parking. The building dates to 1900 and is classified as a mixed-use property.
The site is in North Plymouth, just off Court Street. Residential apartments or condominiums are among the redevelopment concepts identified for the property, subject to zoning requirements and town approvals.
The site is in North Plymouth, just off Court Street. Residential apartments or condominiums are among the redevelopment concepts identified for the property, subject to zoning requirements and town approvals.
Key Highlights
- Multi‑level commercial building with warehouse, storage, office, and utility areas
- On‑site parking
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,636
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,720
$472.7K
Cap Rate 7%
$337,657
$337.7K
Cap Rate 9%
$262,622
$262.6K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$30.3K $15.96/SF
− Vacancy
−$2.5K −$1.32/SF
EGI
$27.8K $14.64/SF
− OpEx
−$4.2K −$2.20/SF
NOI
$23.6K $12.44/SF
Area
Plymouth County, MA
Vacancy
8.30%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,720
Cap Rate 7%
$337,657
Cap Rate 9%
$262,622
Alternative Uses
Best Use
Warehouse
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 2.95%
Second Best
Mixed Use
$262.2K
$229.4K – $305.9K
NOI $18,354 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.12M
$984.2K – $1.31M
NOI $78,736 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
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Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Plymouth County, MA
Properties on Market for Mixed-use properties in Plymouth County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing space combines warehouse, storage, office, and utility areas with on-site parking.
Where is this mixed-use property located?
The property is located at 5 Suosso Lane Plymouth, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Multi‑level commercial building with warehouse, storage, office, and utility areas; On‑site parking; Built in 1900
