Property profile

365 Faunce Corner Rd Dartmouth, MA 02747

FOR LEASE
Office buildings
Property ID
US38-0642599
18,480 SF 1.55 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,100 square foot commercial property at 365 Faunce Corner Road in Dartmouth, Massachusetts, offers a unique blend of executive office and warehouse space. Situated on a 2.3-acre lot, this single-story building provides ample room for a variety of business needs. The property features a modern, handicap-accessible design with attractive modern finishes. The office space boasts a large, open floor plan complemented by private offices and a private bathroom. Central air conditioning ensures year-round comfort. High visibility is guaranteed thanks to its corner location and excellent signage opportunities. The property offers five convenient off-street parking spaces for employees and clients. Its prime location near a major highway entrance provides easy access and exceptional visibility. Furthermore, its proximity to UMass Dartmouth and UMass Law makes it an ideal location for businesses serving the academic community. The asking price is $2,400, translating to $2.18 per square foot. This versatile property is perfect for a business seeking a combination of office and storage space in a highly visible and accessible location. The lot size is approximately 99,999 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction STEEL FRAME
Total area 18,480 SF
Lot 1.55 ac (67,518 SF)
Zoning code LI
APN DART M:0063 B:0017 L:0000
UPID US38-0642599

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
  • Employment Agency
  • Physician
  • Adult Day Care
  • Ophthalmologist
  • Ophthalmologist

Location

365 Faunce Corner Rd Dartmouth, MA 02747
Dartmouth metro Census 653102 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.09M

Owner & transaction history

since 2023
Last sale
$3.5M
7 recorded transactions
2024
Price N/A
2023
$3.5M
2005
Price N/A
2004
$850,000
2004
$225,000
2004
$1,000
2001
$378,000

Zoning & alternative use

LI · Dartmouth, MA
Zoning description

Limited Industrial Districts (LI) Maritime Industrial Districts (MI) Neighborhood Business Districts (NB) Office Industrial (OI) Office Park Districts (OP) § 375-2.3 Zoning district and overlay locations. [Amended 6-6-20…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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