Property profile

1470 New State Hwy Raynham, MA 02767

OFF-MARKET
Commercial real estate
Property ID
US38-0912842
8.57 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This well-established shopping center, situated on 8.57 acres of prime real estate, presents a compelling leasing opportunity. Located directly on the busy Route 44, this property boasts exceptional visibility and high foot traffic, ensuring maximum exposure for your business. The center offers a variety of unit sizes to accommodate diverse business needs. Currently, there are four available spaces: a 5,545 square foot unit, a 2,614 square foot unit, and a 4,767 square foot unit, all available at a competitive rate of $16 per square foot, NNN. Additionally, a smaller 1,334 square foot unit is available; pricing for this unit will be provided upon request. The minimum divisible space is 1,350 square feet, with a maximum contiguous space of 5,545 square feet. The total building size is 69,580 square feet, offering ample space for a variety of retail businesses. This is an exceptional opportunity to establish or expand your business in a thriving retail environment. Don't miss out on this chance to secure a space in this highly visible and successful shopping center. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 8.57 ac (373,287 SF)
APN RAYN M:16 B:2 L:B
UPID US38-0912842

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop
  • Auto Repair Shop
  • Physician
  • Medical Group
  • Tattoo & Piercing Shop

Location

1470 New State Hwy Raynham, MA 02767-5420
Raynham metro Census 612202 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.04M

Owner & transaction history

since 2021
Last sale
$4.6M
7 recorded transactions
2021
$4.6M
2011
Price N/A
2008
Price N/A
2005
Price N/A
1998
$2.9M
1997
Price N/A
1991
$1.8M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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