445 Faunce Corner RdDartmouth, MA 02747

Property Details for 445 Faunce Corner Rd

Year built

1952

Construction

FRAME

Lot size

0.53 AC

Property size (Sq ft)

5,242 SF

Zone code

OI

Property type

Day care centers & nurseries

APN

DART M:0063 B:0010 L:0000

APU

DARTM0063B0010L0000

Description

This exceptional office building presents a unique investment opportunity in Dartmouth, MA. Strategically located on the corner of Faunce Corner Road and Ventura Drive, this property boasts unparalleled visibility and convenient access to Route 195, offering easy commutes to New Bedford and surrounding areas. The 0.53-acre lot provides ample parking for tenants and visitors. The building's prime location places it within minutes of a vibrant commercial hub, including medical centers, wellness offices, restaurants, coffee shops, fitness centers, and apartments. The proximity to the law school further enhances its appeal. The building itself is bright and airy, featuring bathrooms on each level, a well-equipped kitchen area, and a dedicated conference room on the second floor. Additional storage space is available in the basement, accessible both internally and externally. The building's design and layout offer flexibility for a variety of business uses. Detailed plans are available for review, providing a comprehensive understanding of the property's layout and potential. This is a rare opportunity to acquire a well-situated, high-visibility office building in a thriving commercial area. The asking price is $2,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $847,159

  6.5%

  $781,993

  7%

  $726,137

• Comparable approach

  Method

  Valuation

  Relative Method

  $787,658

  Geo Method

  $787,658

• Alternative Use

  Use

  Valuation

  Residential

  $991,991

  Hospitality

  $908,659

  Educational

  $755,993

  Medical

  $781,993

  Retail

  $1,175,990

Location Insight

City

Dartmouth

County

Bristol

State

Massachusetts

Latitude

41.6675

Longitude

-70.991

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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