Property profile

120 Palmer Ave Falmouth, MA 02540

OFF-MARKET
Other investment properties
Property ID
US38-1582173
2,268 SF 0.28 ac lot Built 1900
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a 2,200-square-foot commercial space configured for restaurant and/or retail use. It is located along Falmouth’s main street in proximity to The Inn on The Square lodging property. The space is designed to accommodate 40 or more patrons and includes planned capacity for outdoor seating. The build-out is in a design/planning stage, allowing customization to match specific operational requirements.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 2,268 SF
Lot 0.28 ac (12,062 SF)
Zoning code B3
APN FALM 38A S:01 P:067 L:000
UPID US38-1582173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Palmer Ave Falmouth, MA 02540-2860
Falmouth metro Census 14900 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2016
3 recorded transactions
2016
$510,000
2007
Price N/A
1997
Price N/A

Zoning & alternative use

B3 · Falmouth, MA
Zoning description

or radio antenna subject to MGL c. 409A, § 3 Facilities exceeding 50 feet above ground level SP-Z SP-Z SP-Z Wind energy system Subject to the requirements of § 240-9.9 SP-Z SP-Z N § 240-6.2 Business Districts (B-1, B-2,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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