Office Unit Near Major
New
For Sale
Contact for pricing
68 Evergreen St, Kingston, MA 02364
A 2007-built office unit offers 1,311 square feet of space in Kingston’s commercial area.
Property Size1,311 SF
Price / SF$0.02
Days on Market4
Property Features for 68 Evergreen St
General Information
Standard status
Active
Size
1,311 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Listing Agency:
Ellis Realty Advisors
(781) 919-0800
Listed By:
Kerrick Pierce · License #9571567
(781) 563-0237
Source:
Lockandkeyre
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
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 Ellis Realty Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at 68 Evergreen Street contains 1,311 square feet and was built in 2007.
The Kingston property is just off Route 3A and about one mile from Route 3. Routes 27 and 106 are also a short drive away, connecting the area with Plymouth, the South Shore, and nearby communities. Restaurants, retail, professional services, and the Kingston Collection are in the surrounding area.
The Kingston property is just off Route 3A and about one mile from Route 3. Routes 27 and 106 are also a short drive away, connecting the area with Plymouth, the South Shore, and nearby communities. Restaurants, retail, professional services, and the Kingston Collection are in the surrounding area.
Key Highlights
- 1,311‑square‑foot office unit
- Built in 2007
- Just off Route 3A and approximately one mile from Route 3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,420
$548.4K
Cap Rate 7%
$391,729
$391.7K
Cap Rate 9%
$304,678
$304.7K
Market Conditions
NOI Build-Up for 1,311 SF
Gross rent
$44.0K $33.60/SF
− Vacancy
−$7.5K −$5.71/SF
EGI
$36.6K $27.89/SF
− OpEx
−$9.1K −$6.97/SF
NOI
$27.4K $20.92/SF
Area
Plymouth County, MA
Vacancy
17.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,420
Cap Rate 7%
$391,729
Cap Rate 9%
$304,678
Alternative Uses
Best Use
Office B
$391.7K
$342.8K – $457.0K
NOI $27,421 @ 7.0% cap · market cap 105,465.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$776.1K
$679.1K – $905.5K
NOI $54,328 @ 7.0% cap · market cap 208,953.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 02364, MA
13,708
Population
5,658
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
99%
High-School Grad
18.6 sq mi
ZIP Area
737
Density / Sq Mi
$115,863
Median Household Income
$59,955
Median Earnings
$1,157
Median Rent
$562,000
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - A 2007-built office unit offers 1,311 square feet of space in Kingston’s commercial area.
Where is this office units located?
The property is located at 68 Evergreen St Kingston, MA.
What are key features of this property?
This property features: 1,311‑square‑foot office unit; Built in 2007; Just off Route 3A and approximately one mile from Route 3
