175 Derby StHingham, MA 02043

  • Office properties
  • 4,151 SF
For Lease
$20.84/SF/YR View listing

Property Details for 175 Derby St

Year built
1985
Property size (Sq ft)
4,151 SF
Property type
Office properties
APN
HING M:193 B:26 L:14
APU
HINGM193B26L14

Description

This exceptional Hingham, MA office property at 175 Derby St offers flexible executive office suites in a multi-tenant building. The property consists of two, two-story buildings totaling 4,008 square feet, constructed in 1985. Currently, there is 1,750 square feet of vacant space available, divisible into units as small as 250 square feet and up to a contiguous 950 square feet. Ideal for businesses seeking a professional and convenient location, this property provides multiple tenancy options to suit various needs. Available suites include an 800 square foot space with an asking rent of $1,500 per month, and a 950 square foot space listed at $1,650 per month. Both rental rates are inclusive of utilities, offering a cost-effective solution for businesses. The property's address is 175 Derby St, Hingham, MA 02043. This prime location offers easy access to local amenities and transportation. The property is perfect for businesses seeking a modern, efficient, and well-maintained workspace in a desirable Hingham location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $686,284
    6.5%
    $633,493
    7%
    $588,244
  • Comparable approach

    Method
    Valuation
    Relative Method
    $542,370
    Geo Method
    $542,370
  • Alternative Use

    Use
    Valuation
    Residential
    $785,532
    Hospitality
    $719,543
    Educational
    $598,651
    Medical
    $619,240
    Retail
    $931,235

Location Insight

City
Hingham
County
Plymouth
State
Massachusetts
Latitude
42.1797
Longitude
-70.9205
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,486
-
$597,800
$597,800
-
-
-
-

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