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

    988 Plain St Marshfield, MA 02050

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Professionally maintained office building with flexible, turnkey options available.

    Property size:
    3,200 SF
    Lot size:
    3,200 SF

    Property Features for 988 Plain St

    General Information

    Standard status
    Active
    Size
    3,200 SF

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Kerrick Pierce
    Kerrick Pierce
    Source: Corcoran

    Listing Agency: Ellis Realty Advisors Listing Agent: Kerrick Pierce

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Marshfield Office Space for Lease

    This professionally maintained office building features a strong mix of professional tenants. The available lower-level suite offers flexible options, including individual small- to medium-sized private offices or the ability to lease the entire 3,200 square foot suite. Tenants benefit from clean common areas, a complimentary coffee station, and ample parking. The location provides easy access to Route 139. Fully furnished, turnkey options are available for immediate use. The property is ideally suited for medical, professional services, wellness, administrative, and other office-based users seeking a convenient Marshfield location. Signage opportunities are available on highly trafficked Route 139. A shared conference room is among the professionally maintained common areas and amenities. The property is conveniently located on Route 139, Marshfield's primary commercial corridor, and is less than 1 mile from Route 3.
    Location Intelligence

    Current Use by Public Records

    Solution Fire Prevention ... General Contractor Andrea Campbell Real ... Real Estate Agency Old Colony Homes Real Estate Agency Brenna Crowe Real ... Real Estate Agency Horace Mann Insurance Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshfield
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7584343
    Latitude
    42.1072031

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      MA, Marshfield - Plain St

      Discover many ways to work your way in Highland Pointe
      1025 Plain St, Marshfield, MA 02050
      View Details
    • Contact for pricing
      1,578 SF

      Updated Office Space For Rent

      Campus-style office park with recent updates and easy access.
      769 Plain St, Marshfield, MA 02050
      View Details
    • Contact for pricing
      115 SF

      Furnace Street Office Space Available

      Office space for rent, utilities included except internet.
      475 Furnace St, Marshfield, MA 02050
      View Details
    • Contact for pricing
      6,300 SF

      Retail Space in Marshfield Center

      Retail space available in busy Marshfield shopping center.
      1 Snow Rd, Marshfield, MA 02050
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Lifestyle Center

      Retail space available in a well-located lifestyle center.
      1899 Ocean St, Marshfield, MA 02050
      View Details
    • Contact for pricing

      Private Office Space Available

      Furnished private offices with flexible terms in a thriving community.
      892 Plain St, Marshfield, MA 02050
      View Details
    • Contact for pricing

      Private Office Space Available

      Furnished private offices with flexible terms in Marshfield, MA.
      892 Plain St, Marshfield, MA 02050
      View Details
    • Contact for pricing
      1,681 SF

      Marshfield Office Condo For Rent

      1,681 SF office condo with private entry available for rent.
      475 School St, Marshfield, MA 02050
      View Details
    • Contact for pricing
      1,350 SF

      Professional Office Space Available

      First-floor office suite with furnished offices and open work area.
      25 Rockwood Rd, Marshfield, MA 02050
      View Details
    • Contact for pricing
      2,910 SF

      Adaptable Office Space For Lease

      Professional office/commercial space with adaptable suites in visible industrial park.
      25 Rockwood Rd, Marshfield, MA 02050
      View Details
    • Contact for pricing

      Mixed-Use Property with Retail Space

      Mixed-use property with retail and office space for lease.
      937 Webster St R, Marshfield, MA 02050
      View Details
    • $1,000 /Mo
      600 SF

      Downtown Marshfield Office Space Available

      Office space in downtown Marshfield with ample parking.
      933 Webster St, Marshfield, MA 02050
      View Details

    FAQs

    What type of property is this?
    Office units - Professionally maintained office building with flexible, turnkey options available.
    Where is this office units located?
    The property is located at 988 Plain St Marshfield, MA.
    What are key features of this property?
    This property features: - Flexible Layout: Lease individual offices or the entire 3,200 SF suite.; - Turnkey, Fully Furnished Options Available for Immediate Use.; - Convenient Location: Less than 1 mile from Route 3 and directly on Route 139.
    (781) 919-0800
    Request Owner's contact information
    988 Plain St Marshfield, MA 02050
    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.
    988 Plain St
    Marshfield, MA 02050
    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
    988 Plain St Marshfield, MA 02050
    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

    We can help!
    Listing Contact
    Kerrick Pierce
    Kerrick Pierce
    (781) 919-0800 (781) 563-0237
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!