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Property profile & analytics
FOR SALE
Retail space
1 Water St, Sandwich, MA 02563
Individually Owned
4-yr Hold
Absentee Owner
Property ID
US38-0296863
For Sale
1 / 27
$750,000
1 Water St, Sandwich, MA 02563
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
2,483 SF
Lot
0.51 ac (21,998 SF)
Zoning code
VILLAG
APN
SAND M:0073 B:0157
UPID
US38-0296863
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
-
Dunbar House Tea Room & Wine Bar Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$685k
Owner & transaction history
Dunbar Rest&tea Room · 4 yrs held
Dunbar Rest&tea Room
since 2022
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
VILLAG · Sandwich, MA
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 Sandwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandwich 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
$595,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Current use
OFFICE BUILDING
$560,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$555,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $700k (Jun 9 2022)
Last sale anchor
$700k
Jun 9 2022
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
$276 / SF
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
$7,780
Tax year 2024
Assessed value
$720,400
Assessed 2024
Previous assessed
$720,400
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$476,300
Assessed improvement
$244,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1989
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Total area
2,483 SF
Lot
0.51 ac (21,998 SF)
Zoning code
VILLAG
APN
SAND M:0073 B:0157
UPID
US38-0296863
Jurisdiction
SANDWICH
Zoning & alternative use
VILLAG · Sandwich, MA
Zoning VILLAG · permitted uses
VILLAG · Sandwich, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandwich. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$560,000
OFFICE BUILDING
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$555,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Dunbar Rest&tea Room
Individual
Mailing address
12 BURTONWOOD AVE, BOURNE, MA 02532-3709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$700,000
Dunbar Rest&tea Room
Hegarty Ft
Quit Claim Arm's Length For Ne States
$342,500 · Cape Cod Five Cents Savings Bank
May 3, 2022
—
Hegarty Ft
Sandwich Town Of
Redemption Deed
related
—
Oct 28, 2004
—
Ft Hegarty
—
Deed Of Trust
related
$75,000 · Community Bank & Trust Co
May 5, 1998
—
House T Dunbar
—
Deed Of Trust
related
$143,000 · Thomas M Sykes
Feb 28, 1996
—
Michael T Ell
—
Deed Of Trust
related
$300,000 · Beneficial Mortgage Co
Jul 8, 1994
—
Michael T Bell
—
Deed Of Trust
related
$288,000 · Beneficial Mortgage Co
Apr 30, 1991
—
Michael T Bell
—
Deed Of Trust
related
$115,000 · Beneficial Mortgage Co
Nov 2, 1990
$186,000
Michael T Bell
Town Of Sandwich
Grant Deed
$115,000 · Sandwich Cp Bank
Feb 7, 1989
$32,000
Town Of Sandwich
Retriever RT
Grant Deed
—
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.
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