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Property profile

290 Great Western Rd 12 South Dennis, MA 02660

OFF-MARKET
Industrial properties
Property ID
US38-1004439
View Sample
1,000 SF Built 1975
Individually Owned 37-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial/industrial bay, located at 290 Great Western Road in South Dennis, Massachusetts, presents a unique investment opportunity. Boasting 1,000 square feet of space, this property features a 40 x 25-foot bay and a half bath. Built in 1975, the building has undergone significant updates, including a new roof, insulation, plumbing, and wiring (with a 200-amp electrical service). A new heater and garage door have also been installed. The property benefits from easy highway access, making it ideal for various businesses. The annual condo fee of $700 ($175 per quarter) covers exterior building insurance. The owner is responsible for gas, electricity, and water utilities. This property is zoned for special purpose use and offers a versatile space for a variety of commercial or industrial applications. The lot size is 0 square feet, reflecting the condominium nature of the ownership. The asking price is $309,900. This is a rare opportunity to acquire a well-maintained and conveniently located commercial property in the desirable South Dennis area. The zip code is 02660.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1975
Construction STEEL FRAME
Total area 1,000 SF
APN DENN M:000146 P:007-012
UPID US38-1004439

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 1989
1 recorded transaction
1989
$38,000

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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