5 Ventura DrDartmouth, MA 02747
- Office properties
- 7,260 SF
Property Details for 5 Ventura Dr
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 7,260 SF
- Zone code
- LI
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- DART M:0063 B:0011 L:0016
- APU
- DARTM0063B0011L0016
Description
This exceptional 7,260 square foot office building is ideally situated at 5 Ventura Drive in Dartmouth, Massachusetts, just off Faunce Corner Road and conveniently located north of I-195. The property sits on 1.08 acres of land and boasts 40 parking spaces, ensuring ample convenience for staff and clients. Built in 1988, this single-tenant building is currently vacant and available for immediate occupancy, with an availability date of November 1st. The flexible space is zoned LI (Light Industrial) and is suitable for a variety of uses, including traditional office, medical office, or creative office settings. The building's previous occupant was a day habilitation program for a human services organization. Property taxes are $1.61 per square foot. The building offers a fantastic opportunity for businesses seeking a well-located, spacious, and readily available office space in a thriving area of Dartmouth. This is a rare chance to acquire a substantial office building with significant parking in a desirable location. The property's versatility makes it an attractive investment for a wide range of potential users. Inquire today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,200,295
- 6.5%
- $1,107,964
- 7%
- $1,028,824
-
Comparable approach
- Method
- Valuation
- Relative Method
- $948,592
- Geo Method
- $948,592
-
Alternative Use
- Use
- Valuation
- Residential
- $1,373,876
- Hospitality
- $1,258,463
- Educational
- $1,047,026
- Medical
- $1,083,035
- Retail
- $1,628,708
Location Insight
- City
- Dartmouth
- County
- Bristol
- State
- Massachusetts
- Latitude
- 41.6678
- Longitude
- -70.9903
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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