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    Property profile & analytics

    855 Main St West Dennis, MA 02670

    Located on Main Street (Route 28) in West Dennis, Massachusetts, this mixed-use property offers a commercial opportunity with high visibility and traffic flow. The property previously operated as Mermaids on Cape Cod Boutique and features private off-street parking and multi-use potential. The site is suitable for a range of businesses looking to expand their brand or launch a new venture in West Dennis. The lot size is 0.26 acres. The building has 764 square feet of living area. The property is zoned for general commercial use.
    • Mixed-use properties
    • 764 SF
    • 0.26 lot acres
    For Sale
    View listing
    $470,000
    Value Estimations
    Cap Rate Potential
    6.7%
    Mixed-use properties
    Location Intelligence
    Property ID
    US38-1474302
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 855 Main St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.26 lot acres
    Property size
    764 SF
    Property type
    Mixed-use properties
    APN
    DENN M:000084 P:046-000
    APU
    DENNM000084P046000

    Property Overview

    Located on Main Street (Route 28) in West Dennis, Massachusetts, this mixed-use property offers a commercial opportunity with high visibility and traffic flow. The property previously operated as Mermaids on Cape Cod Boutique and features private off-street parking and multi-use potential. The site is suitable for a range of businesses looking to expand their brand or launch a new venture in West Dennis. The lot size is 0.26 acres. The building has 764 square feet of living area. The property is zoned for general commercial use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $235,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $260,000
      6.5%
      $240,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $260,000
      Market price range: $95.5k - $261k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dennis
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1511
    Latitude
    41.6677
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, 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
    $1,172
    $164,600
    $102,300
    $266,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $295,000
      5.42 Acres

      160 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5.42 Acres
      160 Main St, Dennis, MA 02638-1907
      View Details
    • Value Estimation
      $280,000
      2,446 SF

      554 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,446 SF
      554 Main St, Dennis, MA 02638
      View Details
    • Value Estimation
      $275,000
      4,008 SF

      563 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,008 SF
      563 Main St, Dennis, MA 02638-1910
      View Details
    • Value Estimation
      $275,000
      0.70 Acres

      197 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.70 Acres
      197 Main St, Dennis, MA 02638-1915
      View Details
    • Value Estimation
      $275,000
      1,490 SF

      196 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,490 SF
      196 Main St, Dennis, MA 02638
      View Details
    • Value Estimation
      $260,000
      1.34 Acres

      585 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.34 Acres
      585 Main St, Dennis, MA 02638-1979
      View Details

    Similar Nearby for Sale

    • $320,000
      Pending

      Wooded Lot Ready For Building

      Level, wooded 0.46 acre lot near Dennis village amenities.
      32 Captain Walsh Dr, Dennis, MA 02638
      View Details
    • $1,295,000
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      Cape Cod Bay Dream Home

      0.57-acre parcel near Cape Cod Bay, Dennis, MA.
      73 Pilgrim Rd, Dennis, MA 02638
      View Details
    • New
      $319,900
      Pending

      Residential Land in Dennis Village

      Building lot near Scargo Cafe, Dennis Public Market, and Mayflower Beach.
      6 Thomas Ct, Dennis, MA 02638
      View Details
    • New
      $349,900
      0.59 Acres

      Dennis Village Buildable Lot

      0.59-acre lot in the heart of Dennis Village.
      568 Route 6A, Dennis, MA 02638
      View Details
    • $350,000
      1,500 SF

      Established Retail Business Opportunity

      Thriving bicycle business for sale in Dennis, Massachusetts.
      430 Ma-134, Dennis, MA 02638
      View Details
    • New
      $359,900
      Pending

      Residential Land Near Dennis Amenities

      Building lot near Route 6A, Dennis, restricted to 1850 sqft.
      15 Signal Hill Dr, Dennis, MA 02638
      View Details

    Similar Nearby for Lease

    • $835 /Mo
      803 SF

      Dennis, MA Office Space

      Second floor office unit available for lease in Dennis, MA.
      902 Rte 134, Dennis, MA 02638
      View Details
    • Contact for pricing
      40,369 SF

      Cape Cod Retail Opportunity

      Retail space with main street frontage in Cape Cod.
      400 Main St, Dennis Port, MA 02638
      View Details
    • $2,106 /Mo
      522 SF

      Remodeled Retail Space Overlooking Marina

      Remodeled 1,580 sq ft retail space overlooking Bass River Marina.
      150-160 Main St, Dennis, MA 02638
      View Details
    • $2,350 /Mo
      1,248 SF

      Retail Space on Main Street

      Prime retail space with fireplace and display windows for rent.
      197 Main St, Dennis, MA 02638
      View Details
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    855 Main St
    West Dennis, MA 02670
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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