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Property profile & analytics
FOR LEASE
Office buildings

1047 Falmouth Rd Hyannis, MA 02601

7,779 SF 0.83 ac lot Built 1969
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US38-0455441
Property summary
AI-generated overview

This exceptional 912-square-foot executive office suite, located at 1047 Falmouth Road in Barnstable, MA (02601), offers a prime location in the Hyannis submarket, near the Centerville/Hyannis line. Situated in a Class B, two-story building (built in 1969, renovated in 2020) on a 0.83-acre lot, this sunny suite features five rooms with windows on three sides, wood-like flooring, recessed lighting, and glass panel doors. The suite is part of a six-suite building with a total of 3,931 square feet, and this space is immediately available. The property enjoys high visibility on Route 28 (Falmouth Road), diagonally across from CVS and Cape Cod Healthcare offices, and a short distance from the intersection of Route 28 and Strawberry Hill Road. Its convenient location offers easy access to Route 132, Barnstable High School, the hospital, ferries, bus lines, and highway exits 5 (65) and 6 (68). Numerous restaurants and shopping options are also within a short drive. Ample parking is available both in front and in a large rear lot. Current building tenants include several established law offices and an alarm company. The property is zoned for special permits for professional offices. Note that there are no NNN charges

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction FRAME
Total area 7,779 SF
Lot 0.83 ac (36,155 SF)
Zoning code R
APN HYAN M:250 L:004
UPID US38-0455441
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.47M
Owner & transaction history
Reld Corp · 13 yrs held
Reld Corp
since 2012
4 recorded transactions
2012
Price N/A
2006
Price N/A
2000
Price N/A
1994
Price N/A
Zoning & alternative use
R · Hyannis, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.9M +12.4%
Commercial (general) $1.8M +6.1%
Retail stores $1.8M +2.6%
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