New search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Commercial real estate
1 Shipyard Ln, Bourne, MA 02532
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1026694
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
11.2 ac (487,872 SF)
APN
BOUR M:47.0 P:11
UPID
US38-1026694
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Colleen Bisi · 20 yrs held
Colleen Bisi
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bourne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$77,158
Tax year 2024
Assessed value
$9,620,700
Assessed 2024
Previous assessed
$9,620,700
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$5,881,600
Assessed improvement
$3,739,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
7
Lot
11.2 ac (487,872 SF)
APN
BOUR M:47.0 P:11
UPID
US38-1026694
Jurisdiction
BOURNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
7
Lot
11.2 ac
Current owner
From public records · entity-resolved
Colleen Bisi
Individual
Mailing address
PO BOX 408, CATAUMET, MA 02534-0408
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2005
$98,000
Colleen Bisi
Minahan,john
Grant Deed
—
Feb 15, 2005
$92,000
Anna Marie Eriksson
Eshkenazi,azariah
Grant Deed
—
Jan 19, 2005
$43,825
Curtis Jessup
Bourque,jo Ellen
Grant Deed
—
Dec 13, 2004
$75,000
Kimberly A Eriksson
Devaney,amy J
Grant Deed
—
Dec 7, 2004
$78,000
Robert Richards
Fougere,louis F
Grant Deed
—
Dec 6, 2004
$80,000
Kerrie H Doty
Degabriele,dennis M
Grant Deed
—
Nov 4, 2004
$70,000
Daniel S Wiggin
Richmond,gladys
Grant Deed
—
Oct 25, 2004
$75,000
Patricia Garabedian
Magill,john H JR
Grant Deed
—
Oct 13, 2004
$120,000
Patricia A Blake
Rogers,kathleen
Grant Deed
—
Oct 5, 2004
$6,818
Kingman Yacht Center INC
Wang-coombs,juliette
Grant Deed
—
May 25, 2004
$60,000
Amy J Devaney
Mac Nt
Grant Deed
—
Mar 17, 2004
$122,000
Thomas H Niles
Grizzly Bear T
Grant Deed
—
Mar 17, 2004
$115,000
Dennis M Degabriele
Niles,thomas H
Grant Deed
—
Mar 17, 2004
$75,000
Douglas Rentz
Corbalis,luke S
Grant Deed
—
Mar 17, 2004
$77,500
Paul R Bolles
Graham,richard
Grant Deed
—
Feb 27, 2004
$57,000
Thomas H Niles
Kingman Yacht Center INC
Grant Deed
—
Jan 29, 2004
—
Scott Zeien
—
Deed Of Trust
related
$3,700,000 · Fleet National Bank
Apr 24, 2000
$4,065,000
Kingman Yacht Ctr RT
Kingman,thomas W
Grant Deed
related
$4,000,000 · Fleet National Bank
Oct 27, 1995
—
Thomas W Kingman
—
Deed Of Trust
related
$85,000 · Thomas M Sykes
May 26, 1994
—
Cataumet RT
—
Deed Of Trust
related
$30,000 · William J Rice
—
—
Kingman Yacht Center Realty Trust
—
Deed Of Trust
related
$2,500,000 · Bank Of America
—
—
Kingman Yacht Center Realty Trust
—
Deed Of Trust
related
$1,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1 Shipyard Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
