Warehouse With Mezzanine
For Sale
$1,600,000
8 Huntington Avenue, South Yarmouth, MA 02664
Commercial-service industrial setting with overhead loading access, mezzanine storage, and a second-floor executive office.
Property Size3,430 SF
Price / SF$466.47
Days on Market84
Property Features for 8 Huntington Avenue
General Information
Standard status
Active
Size
3,430 SF
Property subtype
Commercial
Zoning
commercial and service-industrial district
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1975
Listing Agency:
Premier Commercial
(508) 962-5033
Listed By:
John E. Ciluzzi · License #8990
(508) 962-5033
Source:
Premiercommercial
Added: Jun 8
Changed: Aug 30
Last Checked: Aug 8 at 3:45PM
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 Premier Commercial
Investment Insights
Based on property information with market context.
This 3,430-square-foot warehouse, built in 1975, combines high-clearance loading access with flexible interior space. Two overhead doors measure 13.6 x 14 feet and 10 x 12 feet, opening into the main warehouse and its mezzanine storage areas. A retail area occupies the left side and may be converted to additional warehouse space through the installation of an overhead door. The building also includes three baths and an executive office on the second floor.
The property is positioned on Huntington Avenue in South Yarmouth, within a commercial and service-industrial district near Whites Path. It is a short distance from Exit 75 on Route 6 and sits among business and warehouse properties. The site includes frontage and signage, along with a large yard on the right side of the building that offers room for potential expansion.
The property is positioned on Huntington Avenue in South Yarmouth, within a commercial and service-industrial district near Whites Path. It is a short distance from Exit 75 on Route 6 and sits among business and warehouse properties. The site includes frontage and signage, along with a large yard on the right side of the building that offers room for potential expansion.
Key Highlights
- 3,430 SF warehouse building constructed in 1975
- Two overhead doors measuring 13.6x14 and 10x12
- Mezzanine storage areas within the main warehouse
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
$60,141
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
3.76%
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%
$1,202,820
$1.2M
Cap Rate 7%
$859,157
$859.2K
Cap Rate 9%
$668,233
$668.2K
Market Conditions
NOI Build-Up for 3,430 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
$74.1K $21.60/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$70.8K $20.63/SF
− OpEx
−$10.6K −$3.09/SF
NOI
$60.1K $17.53/SF
Area
Barnstable County, MA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
15.00%
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%
$1,202,820
Cap Rate 7%
$859,157
Cap Rate 9%
$668,233
Alternative Uses
Best Use
Warehouse
$859.2K
$751.8K – $1.00M
NOI $60,141 @ 7.0% cap · market cap 3.76%
Second Best
Industrial
$707.5K
$619.1K – $825.5K
NOI $49,528 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,842 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02664, MA
9,935
Population
7,185
Households
1.4
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,419
Density / Sq Mi
$78,796
Median Household Income
$43,285
Median Earnings
$1,692
Median Rent
$479,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dry Dock Marine Corporation — 92 Old Town House Rd, South Yarmouth, MA 02664
- The Lock Up Self Storage — 251 Whites Path, South Yarmouth, MA 02664
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial-service industrial setting with overhead loading access, mezzanine storage, and a second-floor executive office.
Where is this warehouse located?
The property is located at 8 Huntington Avenue South Yarmouth, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,430 SF warehouse building constructed in 1975; Two overhead doors measuring 13.6x14 and 10x12; Mezzanine storage areas within the main warehouse
