Building Details

Year Built 1987

Buildings 1

Stories 2

Units 2

Tenancy Single

Listing Agency: Commercial Realty Advisors, Inc.

Listed By: Kevin Pepe Show Phone

Source: Crexi

Added: Mar 17, 2023 Changed: Sep 24 Last Checked: Oct 4 at 10:03AM

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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 Commercial Realty Advisors, Inc.

Investment Insights

Based on property information with market context.

This property offers approximately 1,075 square feet of total space, featuring a street-facing commercial unit complemented by an upper-level office or storage suite. It is situated in a well-located commercial corridor in Marstons Mills.

Key Highlights

• Street‑facing commercial unit.
• Upper‑level office/storage suite.
• Located in a well‑located Marstons Mills commercial corridor.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,078

Cap Rate

8.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$441,560 $441.6K

Cap Rate 7%

$315,400 $315.4K

Cap Rate 9%

$245,311 $245.3K

Market Conditions

NOI Build-Up for 1,075 SF

Gross rent

$32.3K $30.00/SF

− Vacancy

−$710 −$0.66/SF

EGI

$31.5K $29.34/SF

− OpEx

−$9.5K −$8.80/SF

NOI

$22.1K $20.54/SF

Area

Barnstable 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%

$441,560

Cap Rate 7%

$315,400

Cap Rate 9%

$245,311

Alternative Uses

Best Use

Retail

$315.4K

$276.0K – $368.0K (±1% cap)

NOI $22,078 @ 7.0% cap · market cap 8.03%

Second Best

Mixed Use

$214.2K

$187.5K – $249.9K (±1% cap)

NOI $14,996 @ 7.0% cap · market cap 5.45%

Theoretical Best

Office A

$438.1K

$383.3K – $511.1K (±1% cap)

NOI $30,665 @ 7.0% cap · market cap 11.15%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Under Construction Home Health Care Service

Location Intelligence

Trade Area within ½ mile

49

Businesses Nearby

Explore this area Business Placement

Demographics for 02648, MA

7,325

Population

3,476

Households

2.1

Avg Household Size

51

Median Age

40%

College-Educated

95%

High-School Grad

10.0 sq mi

ZIP Area

733

Density / Sq Mi

$131,125

Median Household Income

$53,788

Median Earnings

$1,533

Median Rent

$580,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Street-facing commercial unit with upper-level office/storage suite.

Where is this mixed-use property located?

The property is located at 40 Industry Rd Marstons Mills, MA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Street‑facing commercial unit.; Upper‑level office/storage suite.; Located in a well‑located Marstons Mills commercial corridor.