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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Motels
179 Shr Rd, Truro, MA 02666
Individually Owned
22-yr Hold
Free & Clear
Property ID
US38-0749165
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
FRAME
Total area
10,248 SF
Lot
1.27 ac (55,321 SF)
Zoning code
LB BEA
APN
TRUR 000021-000002
UPID
US38-0749165
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
$1.98M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.04M
Owner & transaction history
Rodney R Wells · 22 yrs held
Rodney R Wells
since 2004
3 recorded transactions
Zoning & alternative use
LB BEA · Truro, 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 Truro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Truro 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%
$2,140,000
6.5%
$1,975,000
7%
$1,835,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,365,000
Current use
COMMERCIAL (GENERAL)
$2,985,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±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
$199 / 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
$10,095
Tax year 2024
Assessed value
$1,793,100
Assessed 2024
Previous assessed
$1,793,100
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$1,030,300
Assessed improvement
$762,800
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
2
Total area
10,248 SF
Lot
1.27 ac (55,321 SF)
Zoning code
LB BEA
APN
TRUR 000021-000002
UPID
US38-0749165
Jurisdiction
TRURO
Zoning & alternative use
LB BEA · Truro, MA
Zoning LB BEA · permitted uses
LB BEA · Truro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Truro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.0M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
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
1986
Construction
FRAME
Heating
ELECTRIC
Stories
2
Buildings
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Rodney R Wells
Individual
Free & Clear · 22 yrs held
Mailing address
PO BOX 146, NORTH TRURO, MA 02652-0146
Ownership since
2004
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
Feb 10, 2004
$49,800
Rodney R Wells
Terrace Dunes RT
Grant Deed
—
Dec 1, 2003
$30,000
Maureen Desabrais
Terrace Dunes RT
Grant Deed
$25,000 · Zenon Grzybowski
Aug 14, 2003
—
Christopher E Dammer
—
Deed Of Trust
related
$49,000 · Terrace Dunes RT
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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