491 Faunce Corner RdDartmouth, MA 02747

  • Industrial land
  • 50.76 AC
For Lease
$25/SF/YR View listing

Property Details for 491 Faunce Corner Rd

Lot size
50.76 AC
Zone code
LI
Property type
Industrial land
APN
DART M:0068 B:0034 L:0004
APU
DARTM0068B0034L0004

Description

This exceptional 10,000 square foot new construction office building presents a unique opportunity for businesses seeking prime space in Dartmouth, Massachusetts. Located within the burgeoning Paskamansett Professional Park, directly adjacent to a Dunkin' Donuts on Faunce Corner Road, this property offers unparalleled visibility and accessibility. The building is designed for flexibility, with build-to-suit options available on a first-come, first-served basis, allowing tenants to customize their space to perfectly meet their specific needs. This single-tenancy property is ideal for medical, traditional, or executive office uses. The location is strategically situated in Dartmouth's "Medical Mile," a thriving area already home to numerous healthcare providers, including Southcoast Health offices, a Boston Children's facility, and the Hawthorne Medical Campus. This prime location ensures high visibility and easy access for patients and clients. The property's modern design and convenient location make it an ideal choice for businesses seeking a prestigious and functional workspace in a rapidly growing medical hub. The zip code is 02747.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $815,668,000
    6.5%
    $752,925,000
    7%
    $699,144,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $462,245,000
    Geo Method
    $462,245,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $386,096,000
    Mixed-Use / Specialty
    $384,720,000
    Hospitality / Lodging
    $282,256,000
    Office
    $382,434,000
    Institutional / Educational
    $399,953,000
    Residential Income
    $467,945,000
    Multifamily
    $561,228,000
    Automotive / Energy
    $342,817,000
    Parking / Income-Based Land
    $118,302,000
    Restaurant / Food Service
    $200,096,000
    Healthcare / Senior Housing
    $394,523,000

Location Insight

City
Dartmouth
County
Bristol
State
Massachusetts
Latitude
41.6692
Longitude
-70.9848
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 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
$10,677
$572,800
-
$572,800
-
-
-
-

FAQs

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