Building Details

Building Size 33,000 SF

Year Built 1929

Stories 5

Listing Agency: William Raveis R.E. & Home Services Show Phone

Listed By: John Volpe Show Phone

Source: Churchillprop

Added: Mar 27, 2025 Changed: Oct 6 Last Checked: Oct 14 at 7:59PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis R.E. & Home Services

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Investment Insights

Based on property information with market context.

This waterfront resort property includes 15 cabins arranged around a 9,900-square-foot function hall with a commercial kitchen and full bar. The function hall and cabins are approved for 190 guests. Additional improvements include two barns, a 70' x 60' dock, two basketball courts, five tennis or Pickleball courts, soccer and baseball fields, and parking. A 5,000+ square-foot lawn area supports weddings and other formal events.

The property encompasses approximately 7.25 acres with 417 feet of frontage on Great Herring Pond, also known as Lake Manomet, a 428-acre Great pond. The water setting supports fishing, boating, and other water sports. Built in 1929, the property is zoned Res and is located at 110 Valley Rd. in Plymouth, Massachusetts.

Key Highlights

• Approximately 7.25 acres with 417' of frontage on Great Herring Pond
• 15 cabins surrounding a 9,900 SF function hall
• Function hall and cabins approved for 190 guests

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$248,292

Cap Rate

3.56%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,965,840 $5.0M

Cap Rate 7%

$3,547,029 $3.5M

Cap Rate 9%

$2,758,800 $2.8M

Is this asking price fair?

Market Conditions

NOI Build-Up for 33,000 SF

Gross rent

$594.0K $18.00/SF

− Vacancy

−$71.3K −$2.16/SF

EGI

$522.7K $15.84/SF

− OpEx

−$274.4K −$8.32/SF

NOI

$248.3K $7.52/SF

Area

Plymouth County, MA

Vacancy

12.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,965,840

Cap Rate 7%

$3,547,029

Cap Rate 9%

$2,758,800

Alternative Uses

Best Use

Hotel Hospitality

$3.55M

$3.10M – $4.14M (±1% cap)

NOI $248,292 @ 7.0% cap · market cap 3.56%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$19.54M

$17.09M – $22.79M (±1% cap)

NOI $1,367,512 @ 7.0% cap · market cap 19.61%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Camp Bournedale Family Recreation Center Bournedale Function Facility Wedding Service

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Explore this area Business Placement

Demographics for 02360, MA

61,134

Population

28,598

Households

2.1

Avg Household Size

47

Median Age

45%

College-Educated

96%

High-School Grad

96.4 sq mi

ZIP Area

634

Density / Sq Mi

$111,975

Median Household Income

$55,595

Median Earnings

$1,831

Median Rent

$494,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Resort - Waterfront resort with cabins, event facilities, sports amenities, and access to Great Herring Pond.

Where is this resort located?

The property is located at 110 Valley Rd. Plymouth, MA.

What is the asking price?

The asking price for this property is $6,975,000.

What are key features of this property?

This property features: Approximately 7.25 acres with 417' of frontage on Great Herring Pond; 15 cabins surrounding a 9,900 SF function hall; Function hall and cabins approved for 190 guests