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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
157 Rte 137 Harwich, MA 02645-1320
Entity Owned
11-yr Hold
Free & Clear
Property ID
US38-1288535
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
FRAME
Total area
5,249 SF
Lot
1.15 ac (50,000 SF)
Zoning code
R
APN
HARW M:87 P:U2-1
UPID
US38-1288535
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
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$700k
Owner & transaction history
157 Route 137 LLC · 11 yrs held
157 Route 137 LLC
since 2015
2 recorded transactions
Zoning & alternative use
R · Harwich, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$965,000
+80.2%
Commercial (general)
$870,000
+62.1%
Restaurant
$570,000
+6.6%
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 Harwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harwich 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$535,000
Current use
INDUSTRIAL (GENERAL)
$965,000
Change: +80% · Conversion: Difficult
COMMERCIAL (GENERAL)
$870,000
Change: +62% · Conversion: Easy
RESTAURANT
$570,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$530,000
Change: -1% · Conversion: Moderate
RETAIL STORES
$495,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$475,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$133 / 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
$9,820
Tax year 2024
Assessed value
$1,628,500
Assessed 2024
Previous assessed
$1,628,500
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$587,700
Assessed improvement
$1,040,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Total area
5,249 SF
Lot
1.15 ac (50,000 SF)
Zoning code
R
APN
HARW M:87 P:U2-1
UPID
US38-1288535
Jurisdiction
HARWICH
Zoning & alternative use
R · Harwich, MAZoning R · permitted uses
R · Harwich, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$535,000
INDUSTRIAL (GENERAL)
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$870,000
RESTAURANT
Est. value
$570,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$530,000
RETAIL STORES
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$475,000
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
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
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
157 Route 137 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
157 RTE 137, HARWICH, MA 02645-1320
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
—
157 Route 137 LLC
—
Deed
related
$425,000 · Cape Cod Cooperative Bank
Jan 23, 2015
$1,100,000
157 Route 137 LLC
Snow Moon Trust
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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