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Property profile & analytics
OFF-MARKET
Office Spaces
1645 Falmouth Rd Ste 1a, Centerville, MA 02632-2934
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US38-1404647
Property summary
AI-generated overview
This 500 sq ft office condo, located at 1645 Falmouth Rd, Unit 9D, Barnstable, MA 02632, is available for purchase at $59,000 or lease at $575/month. Built in 1983, this traditional office space within the Centerville Business Complex offers a functional layout with two rooms suitable for private offices or collaborative work areas. The interior features carpeted floors and drywall. Electric baseboard heating provides year-round comfort. The property benefits from split zoning (RC, HO, HB), allowing for diverse business uses. Shared bathrooms and modest amenities keep operational costs low. The total assessment value is $61,700. This cost-effective option is ideal for startups, small businesses, or those seeking expansion in a vibrant business community. This well-appointed space offers a balance of affordability and functionality.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Construction
FRAME
Total area
1,014 SF
Zoning code
RC;HO;
APN
CENT M:209 L:086A01
UPID
US38-1404647
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
-
Cape Cod Real Estate Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T Veo · 28 yrs held
T Veo
since 1998
Last sale
$119,000
3 recorded transactions
Zoning & alternative use
RC;HO; · Centerville, 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 Centerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centerville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,435
Tax year 2024
Assessed value
$202,700
Assessed 2024
Previous assessed
$202,700
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed improvement
$202,700
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
1
Total area
1,014 SF
Zoning code
RC;HO;
APN
CENT M:209 L:086A01
UPID
US38-1404647
Jurisdiction
BARNSTABLE
Zoning & alternative use
RC;HO; · Centerville, MA
Zoning RC;HO; · permitted uses
RC;HO; · Centerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Centerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
ELECTRIC
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
T Veo
Individual
Mailing address
1645 FALMOUTH RD STE 1A, CENTERVILLE, MA 02632-2934
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2002
—
Veo Tr
—
Deed Of Trust
related
$191,900 · USA
Mar 4, 1998
$101,000
T Veo
Bayberry Assocs RT
Grant Deed
—
Apr 24, 1989
$432,000
Bayberry Assoc RT
Berkshire Cty Sb
Grant Deed
$332,000 · Zenon Grzybowski
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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