Listing Agency: Hartel Realty Corp. g***@hartelrealty.com Show Phone

Listed By: Greg Hartel

Source: Crexi

Added: Jul 3 Changed: Aug 8 Last Checked: Aug 13 at 4:36AM

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Investment Insights

Based on property information with market context.

The Falmouth Technology Park is a multi-lot land parcel totaling 114± acres, developed by the Falmouth EDIC. The park has operated with multiple existing businesses, and the EDIC recently negotiated an extension with the Cape Cod Commission to carry forward exempt commission reviews from 2021 through 2025. The property has also been rezoned to allow ground-mounted solar arrays as part of the park’s permitted uses.

The Technology Park is located off Thomas B. Landers Road in East Falmouth.

As currently configured, the site offers land for continued development within the park framework, including opportunities for renewable energy projects enabled by the rezoning.

Key Highlights

• 114±-acre property known as The Falmouth Technology Park in East Falmouth
• Established in 1981 by the Falmouth EDIC, which developed the Technology Park and sold all lots
• More than 15 businesses currently operate within the park

Property Analytics

Current Use

Alt. Energy / Solar ...

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Real Estate Agency Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Large land parcel in a technology park with rezoning that allows ground-mounted solar arrays.

Where is this industrial land located?

The property is located at 64 Technology Park Drive East Falmouth, MA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: 114±-acre property known as The Falmouth Technology Park in East Falmouth; Established in 1981 by the Falmouth EDIC, which developed the Technology Park and sold all lots; More than 15 businesses currently operate within the park