Retail Condos on Major
For Sale
$800,000
588 Kelley Blvd, North Attleboro, MA 02760
Three retail condos are available along Route 152 with strong traffic counts, visibility, and convenient I-95 access.
Property Size3,069 SF
Days on Market93
Property Features for 588 Kelley Blvd
General Information
Standard status
Active
Size
3,069 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Building Size
3,069 SF
Year Built
1964
Listing Agency:
128 CRE
Listed By:
Jeremy Freid · License #9089542-RE-B
(617) 916-1028
Source:
Classifiedrealtygroup
Added: Jul 15
Changed: Oct 7
Last Checked: Oct 14 at 8:20PM
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 128 CRE
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Investment Insights
Based on property information with market context.
This offering includes three retail condos available for sale at 584–588 Kelley Boulevard. The property is positioned as a storefront retail opportunity along a high-traffic corridor, with multiple units suited for an owner-user or tenant layout within the condo configuration.
Located along Route 152 (Kelley Boulevard), the property benefits from excellent visibility and convenient access to I-95. The surrounding area includes national retailers, restaurants, and medical offices, with Emerald Square Mall nearby.
For buyers seeking a smaller-format retail option, these three retail condos present a straightforward chance to acquire multiple units in a growing North Attleboro retail market.
Located along Route 152 (Kelley Boulevard), the property benefits from excellent visibility and convenient access to I-95. The surrounding area includes national retailers, restaurants, and medical offices, with Emerald Square Mall nearby.
For buyers seeking a smaller-format retail option, these three retail condos present a straightforward chance to acquire multiple units in a growing North Attleboro retail market.
Key Highlights
- Three retail condos available along Route 152 (Kelley Boulevard)
- Property built in 1964
- Convenient access to I‑95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,031
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,620
$1.3M
Cap Rate 7%
$900,443
$900.4K
Cap Rate 9%
$700,344
$700.3K
Market Conditions
NOI Build-Up for 3,069 SF
Gross rent
$92.1K $30.00/SF
− Vacancy
−$2.0K −$0.66/SF
EGI
$90.0K $29.34/SF
− OpEx
−$27.0K −$8.80/SF
NOI
$63.0K $20.54/SF
Area
Bristol County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,620
Cap Rate 7%
$900,443
Cap Rate 9%
$700,344
Alternative Uses
Best Use
Retail
$900.4K
$787.9K – $1.05M
NOI $63,031 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,828 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Honey Dew Donuts
Dining
4,070 visits/mo
0.2 miles
Demographics for 02760, MA
28,716
Population
12,359
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,595
Density / Sq Mi
$109,350
Median Household Income
$63,501
Median Earnings
$1,386
Median Rent
$458,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Three retail condos are available along Route 152 with strong traffic counts, visibility, and convenient I-95 access.
Where is this shopping center located?
The property is located at 588 Kelley Blvd North Attleboro, 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: Three retail condos available along Route 152 (Kelley Boulevard); Property built in 1964; Convenient access to I‑95
