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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Industrial properties
115 Falmouth Woods Rd E Falmouth, MA 02536
Individually Owned
21-yr Hold
Free & Clear
Property ID
US38-0872818
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1988
Construction
STEEL FRAME
Total area
10,000 SF
Lot
80.22 ac (3,494,235 SF)
Zoning code
AGAA
APN
FALM 11 S:01 P:029 L:000B
UPID
US38-0872818
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$2.33M
Owner & transaction history
Fairway Pointe Assoc · 21 yrs held
Fairway Pointe Assoc
since 2005
7 recorded transactions
Zoning & alternative use
AGAA · E Falmouth, 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 E Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs E Falmouth 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,325,000
6.5%
$2,145,000
7%
$1,995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,910,000
Current use
RESTAURANT
$2,480,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±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
$233 / 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
$32,490
Tax year 2024
Assessed value
$5,173,516
Assessed 2024
Previous assessed
$4,981,816
+3.8% YoY
Effective rate
0.63%
On assessed value
Assessed land
$1,404,716
Assessed improvement
$3,768,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
10,000 SF
Lot
80.22 ac (3,494,235 SF)
Zoning code
AGAA
APN
FALM 11 S:01 P:029 L:000B
UPID
US38-0872818
Jurisdiction
FALMOUTH
Zoning & alternative use
AGAA · E Falmouth, MA
Zoning AGAA · permitted uses
AGAA · E Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
E Falmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
RESTAURANT
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1988
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
80.22 ac
Current owner
From public records · entity-resolved
Fairway Pointe Assoc
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 890, NORWOOD, MA 02062-0890
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2005
$1
Fairway Pointe Assoc
Ballymeade Dev Co
Grant Deed
related
—
Jan 16, 2003
$12,000,000
New Falmouth Woods LLC
Ballymeade Assoc LP I
Grant Deed
$7,000,000 · Boston Private Bank
Jan 16, 2003
$250,000
New Falmouth Woods LLC
Falmouth Town Of
Grant Deed
related
—
Jun 12, 1998
—
Ballymeade Assocs LP
—
Deed Of Trust
related
$1,775,000 · Fleet National Bank
Dec 9, 1996
—
Marie B Robinson Nt
—
Deed Of Trust
related
$239,700 · Cape Cod Five Cent Bank
Oct 2, 1996
—
Ballymeade Assoc LP
—
Deed Of Trust
related
$2,488,000 · Fleet National Bank
Jun 12, 1996
—
Clipper Funding INC
—
Deed Of Trust
related
$300,000 · James A Lebel
Nov 13, 1995
$80,000
Marie B Robinson Nt
Clsv Assoc LP
Grant Deed
$64,000 · Cape Cod Five Cent Bank
Jan 24, 1994
—
Ballymeade Dev Corp
—
Deed Of Trust
related
$2,000,000 · Fleet National Bank
Jun 17, 1993
$270,000
Ballymeade Dev Corp
Rtc
Grant Deed
—
Mar 19, 1993
$6,200,000
Ballymeade Dev Corp
Falmouth Land Co INC
Grant Deed
—
Sep 28, 1990
$9,750,000
Falmouth Land Co INC
Falmouth Woods Dev Cpr
Grant Deed
related
—
Mar 4, 1988
$1,800,000
Kettle Hole INC
Whitney Cpe Cod Ltd
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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