Flexible Professional Office
For Sale
Contact for pricing
51 Libby St, Brockton, MA 02302
C5-zoned office space with on-site parking and a flexible layout for permitted commercial uses.
Property Size1,768 SF
Price / SF$1.41
Days on Market55
Property Features for 51 Libby St
General Information
Standard status
Active
Size
1,768 SF
Property subtype
Commercial
Zoning
C5
Lease Type
Gross
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,369
Building Details
Building Size
1,768 SF
Year Built
1952
Listing Agency:
Droukas Real Estate
(508) 458-5000
Listed By:
Brian Droukas · License #9559330
(781) 844-0755
Source:
Churchillprop
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 28 at 4:45AM
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 Droukas Real Estate
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Investment Insights
Based on property information with market context.
Located at 51 Libby St in Brockton, this 1,768-square-foot office unit was built in 1952 and offers a flexible floor plan for professional, medical, service-oriented, and other permitted commercial uses. The property includes on-site parking and is suited to businesses seeking an accessible commercial setting.
The property is positioned within an established Brockton business corridor with convenient access to major highways. Medical, retail, and professional businesses surround the site, supporting practical access for employees and clients. Zoning is C5, and the office configuration provides adaptable space for a range of permitted users.
The property is positioned within an established Brockton business corridor with convenient access to major highways. Medical, retail, and professional businesses surround the site, supporting practical access for employees and clients. Zoning is C5, and the office configuration provides adaptable space for a range of permitted users.
Key Highlights
- 1,768 SF office unit at 51 Libby St, Brockton
- C5 zoning supports permitted commercial uses
- Flexible floor plan for professional, medical, and service‑oriented uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,422
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,440
$668.4K
Cap Rate 7%
$477,457
$477.5K
Cap Rate 9%
$371,356
$371.4K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$62.6K $35.40/SF
− Vacancy
−$6.9K −$3.89/SF
EGI
$55.7K $31.51/SF
− OpEx
−$22.3K −$12.60/SF
NOI
$33.4K $18.90/SF
Area
Brockton, MA
Vacancy
11.00%
Lease Rate
$35.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,440
Cap Rate 7%
$477,457
Cap Rate 9%
$371,356
Alternative Uses
Best Use
Office B
$576.2K
$504.2K – $672.3K
NOI $40,337 @ 7.0% cap · market cap 1,613.48%
Second Best
Healthcare Medical
$477.5K
$417.8K – $557.0K
NOI $33,422 @ 7.0% cap · market cap 1,336.88%
Theoretical Best
Office A
$840.9K
$735.8K – $981.0K
NOI $58,862 @ 7.0% cap · market cap 2,354.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Explore this area
Business Placement
Demographics for 02302, MA
36,202
Population
12,828
Households
2.8
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
4,068
Density / Sq Mi
$87,560
Median Household Income
$45,342
Median Earnings
$1,476
Median Rent
$395,000
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 unit - C5-zoned office space with on-site parking and a flexible layout for permitted commercial uses.
Where is this office unit located?
The property is located at 51 Libby St Brockton, MA.
What are key features of this property?
This property features: 1,768 SF office unit at 51 Libby St, Brockton; C5 zoning supports permitted commercial uses; Flexible floor plan for professional, medical, and service‑oriented uses
