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2 New State Hwy Raynham, MA 02767-5423

OFF-MARKET Retail properties & Spaces Google Maps
28,717 SF 3.63 ac lot Built 1965
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.47M
Range $1.32M – $1.61M (±10%)
Property ID US38-0844857

Property summary

AI-generated overview

This exceptional retail property, located at 2 New State Highway in Raynham, Massachusetts, offers a prime opportunity for businesses seeking high visibility and accessibility. The building boasts a total of 28,780 square feet, with 11,780 square feet currently available for lease. This sizable space presents a versatile canvas for a variety of retail concepts. The property is situated within the primary shopping district serving both Raynham and Taunton, ensuring a robust customer base. Its prominent frontage on Route 44 guarantees exceptional exposure to a high volume of daily traffic. Ample parking is provided with 120 spaces available for customers and employees. The property is classified as a multi-tenant building, offering a dynamic and collaborative environment. The property is located in Bristol County, Massachusetts, with a zip code of 02767. This location offers easy access to major transportation routes, making it convenient for both customers and employees. The available space presents a unique chance to establish or expand a retail presence in a thriving commercial area. This is an excellent opportunity to capitalize on a high-traffic location and strong regional demographics.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,717 SF
Lot 3.63 ac (158,140 SF)
APN RAYN M:14 B:1 L:0
UPID US38-0844857

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
  • Building Supply Hardware & Home Improvement

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$987k
Blend (final) Blend
$1.47M

Owner & transaction history

since 2018
4 recorded transactions
2023
Price N/A
2020
Price N/A
2018
$1.8M
1969
Price N/A

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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