Property profile

766 Falmouth Rd 12 Mashpee, MA 02649

OFF-MARKET
Other office properties
Property ID
US38-0409518
2,000 SF Built 1984
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This multi-unit professional office condominium complex includes first- and second-floor units of approximately 850 square feet each. Each floor plan provides a reception area, private offices, and a conference room. Below-grade storage totaling approximately 1,000 square feet is associated with the property. The complex sits on a 5.00-acre site and is zoned I1 Industrial 1 District. The property is located adjacent to the Community Health Center Complex, with frontage/visibility along heavily traveled Falmouth Road (Route 28); signage is available. The site is also within about 1/2 mile of Mashpee Commons, SouthCape Plaza, and Deer Crossing Plaza.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1984
Construction FRAME
Total area 2,000 SF
Zoning code I1
APN MASH M:88 B:38 L:12
UPID US38-0409518

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
  • (Bike/Boat/Book/etc) Store
  • Construction Company
  • Housing Authority
  • Accounting Firm Tax Preparation
  • Factory Industrial Manufacturer

Location

766 Falmouth Rd, Unit 12 Mashpee, MA 02649-3347
Mashpee metro Census 15100 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2023
$370,000

Zoning & alternative use

I1 · Mashpee, MA
Zoning description

n apartment complex contain not fewer than fifty (50) re ntal units, or, in the case of a condominium, not fewer than fifty (50) units. SP SP Y Y -- Y 38 Type of Use Residential Commercial Industrial R-3 R-5 C-1 C-2 C-3…

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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