Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    770 Broadway Raynham, MA 2767

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and office spaces available with ample parking.

    Type:Retail, Office
    Added:
    May 6, 2022
    Days on Market:
    1444
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 770 Broadway

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1900

    Spaces For Lease

    at 770 Broadway Contact us

    Pad Site $30 /Mo

    Size
    3,000 SF
    Type
    Retail, Office
    Ground lease or build to suit
    Contact us

    Unit 1-1 $2,500 /Mo

    Size
    1,491 SF
    Type
    Retail, Office
    Contact us

    We can help!

    Listing Contact
    David Ellis

    Listing agent David Ellis License #MA 9524572

    Listing office Ellis Realty Advisors

    Listing date May 6, 2022

    Source Crexi

    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

    Overview

    Raynham Depot Retail/Office Space

    Retail and office spaces are available in Raynham Depot. The property provides a parking ratio of 4 spaces per 1,000 square feet. The location benefits from strong traffic counts and offers convenient access to Routes 495, 95, and 24.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gwen Mireille Salon ... Hair Salon Brothers Pizza Restaurant Fortinco General Contractor Minuteman Press Printing Marketing & Advertising Raynham Hardware Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raynham
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.0732396
    Latitude
    41.9500443

    Nearby Similar for Lease

    • Contact for pricing

      Raynham Commercial Space for Lease

      Versatile mixed-industrial space ideal for various business uses.
      150 Broadway unit: Rr, Raynham, MA 02767
      View Details
    • Contact for pricing

      Raynham Office Sublease Opportunity

      Office space available for sublease in Raynham, Massachusetts.
      106 Route 44, Raynham, MA 02767
      View Details
    • Contact for pricing

      Raynham Retail Space Available

      Retail space available in Raynham, anchored by Shaw's.
      300 New State Hwy, Raynham, MA
      View Details
    • Contact for pricing

      Freestanding Restaurant Building For Lease

      4,983 SF restaurant building available for lease on 1.10-acre site.
      235 New State Hwy, Raynham, MA
      View Details
    • Contact for pricing

      Freestanding Building on Route 44

      2,856 SF building for lease on 0.69 acre site.
      469 South St W, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Woods Office Space

      3,000 SF office space in Raynham Woods Commerce Center.
      10 Commerce Way, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Warehouse/Showroom Space Available

      Warehouse/showroom space with regional access via Route 24 and I-495.
      600 S St W, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Flex/Warehouse Space Available

      Air-conditioned flex/warehouse space with loading docks, near major routes.
      375 Paramount Dr, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Office Space Sublease

      Office space available for sublease in Raynham, Massachusetts.
      106 Rte 44, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Industrial Space For Rent

      3,000 SF industrial space available for rent in Raynham.
      65 Ryan Dr, Raynham, MA
      View Details
    • Contact for pricing

      Raynham Retail and Medical Space

      Retail and medical/office space available in Raynham, Massachusetts.
      768 Broadway, Raynham, MA
      View Details
    • Contact for pricing

      Retail Space in Shaw's Plaza

      Retail space for lease in Raynham, Massachusetts.
      300 New State Highway, Raynham, MA 02767
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail and office spaces available with ample parking.
    Where is this retail space located?
    The property is located at 770 Broadway Raynham, MA.
    What are key features of this property?
    This property features: Easy access to Route 495, 95, and 24; Strong traffic counts; 4 per 1,000 SF parking ratio
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Ellis
    Real Estate License ID: MA 9524572
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!