Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

157 Locust St Falmouth, MA 02540

OFF-MARKET
Office buildings
Property ID
US38-1085829
3,901 SF 0.28 ac lot Built 1934
Last sale May 2017 · $212,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 994 square foot traditional office space is available for lease at 157 Locust Street in Falmouth, Massachusetts, 02540. The completely renovated unit boasts 100% heat and air conditioning, ensuring year-round comfort. Conveniently located near Route 28 and Main Street Falmouth, this property offers easy access to area businesses, shopping, and transportation. A significant advantage is its proximity to the Shining Sea Bike Path, located directly behind the building. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$712k
Assessed land$336k
Assessed improvement$376k
Effective rate0.63%

Value estimate

· Oct 2026
$235k
$212k – $259k
CAP approach$1.35M
Submarket $/SF estimate$790k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$129 – $276
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GR
In the GR District, the Zoning Board of Appeals finds that: a) The dwelling has been in existence as of January 1, 2000; b) There is no m...
General categoryRESIDENTIAL
JurisdictionFALMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.0
Computer & Electronic Repair8.9
Watch Repair Shop8.7

Location

157 Locust St Falmouth, MA 02540-2694
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Rose Morin, Falmouth, MA 02540-3331 $1,000,000 May 2024 3,500 SF
19 Locust, Falmouth, MA 02540-2656 $570,000 May 2024 2,234 SF
44 Scranton, Falmouth, MA 02540-3578 $925,000 Mar 2022 5,794 SF
175 Palmer, Falmouth, MA 02540-2861 $575,000 Oct 2021 2,452 SF
217 Clinton, Falmouth, MA 02540-3810 $1,350,000 Oct 2020 4,192 SF
153 Main, Falmouth, MA 02540-2763 $1,200,000 Sep 2020 5,046 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 157 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again