Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    370-502 State Rd Dartmouth, MA 02747
    Back to Search
    Property profile & analytics

    370-502 State Rd, Dartmouth, MA 02747

    View on Map
    • Lifestyle centers
    • 765,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 370-502 State Rd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity presents 765,000 square feet of prime commercial space located at 370-502 State Road in Dartmouth, Massachusetts, within Bristol County. The Dartmouth Towne Center (East) offers multiple tenancy options within a well-established shopping center and street retail environment. Six individual suites are available, ranging from a minimum of 1,529 square feet to a maximum contiguous space of 27,147 square feet. Currently, there are 87,514 square feet of vacant space ready for immediate occupancy, providing flexibility for businesses of various sizes. The property's strategic location in Dartmouth, MA, 02747 (latitude 41.6412111, longitude -70.996984) ensures high visibility and accessibility for customers. This is an ideal location for businesses seeking a strong presence in a thriving retail market. The property is classified as a retail shopping center and street retail space, offering a diverse range of possibilities for prospective tenants. The property's size and layout provide ample opportunity for expansion or consolidation, catering to a wide spectrum of retail needs. This is a rare opportunity to secure a significant footprint in a desirable Dartmouth location. Contact us today to learn more about leasing options and explore the potential of this exceptional retail property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dartmouth
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.997
    Latitude
    41.6412

    Comparable in this City

    • Value Estimation by Request
      60,000 SF

      Faunce Corner Rd

      Lifestyle centers
      0 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Value Estimation by Request
      140,591 SF

      19 Faunce Corner Rd

      Neighborhood centers
      19 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Value Estimation
      $1,050,000
      1,728 SF

      670 State Rd

      RETAIL STORES (PERSONAL SERVICES)
      670 State Rd, Dartmouth, MA 02747-1809
      View Details
    • Value Estimation by Request
      1,846 SF

      250 State Rd

      RETAIL STORES (PERSONAL SERVICES)
      250 State Rd, Dartmouth, MA 02747-2614
      View Details
    • Value Estimation by Request
      2,184 SF

      19 Old Westport Rd

      RETAIL STORES (PERSONAL SERVICES)
      19 Old Westport Rd, Dartmouth, MA 02747-2513
      View Details
    • Value Estimation
      $660,000
      6,000 SF

      710 State Rd

      RETAIL STORES (PERSONAL SERVICES)
      710 State Rd, Dartmouth, MA 02747-1810
      View Details

    Similar Nearby for Sale

    • $199,000

      Dartmouth Office Space for Sale

      Prime Dartmouth location, 1265 sq ft office.
      74 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Professional Office Unit For Sale

      Well-maintained office unit with rental income in place.
      74 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Office Building in High-Traffic Location

      Office building with high visibility and commercial potential.
      1406 Tucker Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Corner Office Building with Parking

      Office building with ample parking in a high-visibility location.
      445 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing
      2,884 SF

      Dartmouth Commercial Property For Sale

      Commercial property with potential for lease or sale.
      890 State Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Professional Office Unit For Sale

      Professional office unit in accessible, convenient Dartmouth location.
      250-88 Faunce Corner Mall Rd, Dartmouth, MA 02747
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,708 SF

      Retail Space in Towne Center

      Retail space for lease in North Dartmouth's Towne Center.
      19-21 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing
      9,774 SF

      Retail Space with Drive-Thru Potential

      Retail space in North Dartmouth with excellent access and visibility.
      57-81 Faunce Corner Mall Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing
      1,745 SF

      Retail Space in North Dartmouth

      Retail space for rent in a busy Dartmouth location.
      23-27 Faunce Corner Mall Rd, North Dartmouth, MA 02747
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Dartmouth Center

      Retail space in a high-traffic Dartmouth location.
      31-37 Faunce Corner Rd, Dartmouth, MA 02747
      View Details
    • Contact for pricing

      North Dartmouth Retail Pad Site

      Retail pad site with drive-through potential, accessible to major routes.
      55 Faunce Corner Mall Rd, North Dartmouth, MA 02747
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in North Dartmouth, MA.
      370-502 State Rd, North Dartmouth, MA 02747
      View Details
    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.
    370-502 State Rd
    Dartmouth, MA 02747
    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

    Thank You for Inquiry
    370-502 State Rd, Dartmouth, MA, 02747
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!