Second-Floor Corner Office
For Sale
$100,900
545-78 Faunce Corner Mall Rd, Dartmouth, MA 02747
Three private rooms support offices, meetings, or collaborative work areas.
Property Size540 SF
Price / SF$186.85
Days on Market192
Property Features for 545-78 Faunce Corner Mall Rd
General Information
Standard status
Active
Size
540 SF
Additional Details
Floor
2
Highway Access
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$1,707
Amenities
common restrooms
Listing Agency:
DMG Brokerage, LLC
(617) 895-9298
Listed By:
Jonathan Simon
(617) 895-9298
Source:
Exprealty
Added: Feb 9
Changed: Aug 12
Last Checked: Aug 19 at 2:41PM
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 DMG Brokerage, LLC
Investment Insights
Based on property information with market context.
This second-floor corner office condo contains approximately 540 SF with window-lined walls that provide natural light across the suite. The layout includes three private rooms that can serve as individual offices, meeting space, or shared work areas. Common restrooms are located immediately outside the unit, preserving usable interior space.
The property offers flexibility at closing, with the option to convey furnished or vacant. Its Dartmouth setting provides access to Route 6, I-195, and nearby retail and amenities, supporting convenient daily operations for an office user.
The property offers flexibility at closing, with the option to convey furnished or vacant. Its Dartmouth setting provides access to Route 6, I-195, and nearby retail and amenities, supporting convenient daily operations for an office user.
Key Highlights
- Approximately 540 SF second‑floor corner office condo
- Three private rooms for offices, meetings, or collaborative work areas
- Window‑lined walls provide natural light throughout the suite
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,876
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$177,520
$177.5K
Cap Rate 7%
$126,800
$126.8K
Cap Rate 9%
$98,622
$98.6K
Market Conditions
NOI Build-Up for 540 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$14.8K $27.36/SF
− Vacancy
−$2.9K −$5.44/SF
EGI
$11.8K $21.92/SF
− OpEx
−$3.0K −$5.48/SF
NOI
$8.9K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$177,520
Cap Rate 7%
$126,800
Cap Rate 9%
$98,622
Alternative Uses
Best Use
Office B
$126.8K
$111.0K – $147.9K
NOI $8,876 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.9K
$287.8K – $383.7K
NOI $23,020 @ 7.0% cap · market cap 22.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 02747, MA
22,326
Population
7,339
Households
3
Avg Household Size
40
Median Age
33%
College-Educated
85%
High-School Grad
41.0 sq mi
ZIP Area
545
Density / Sq Mi
$97,665
Median Household Income
$41,015
Median Earnings
$1,384
Median Rent
$460,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Three private rooms support offices, meetings, or collaborative work areas.
Where is this office units located?
The property is located at 545-78 Faunce Corner Mall Rd Dartmouth, MA.
What is the asking price?
The asking price for this property is $100,900.
What are key features of this property?
This property features: Approximately 540 SF second‑floor corner office condo; Three private rooms for offices, meetings, or collaborative work areas; Window‑lined walls provide natural light throughout the suite
