Entity Owned 
For Lease
1 / 5
$18 SF/Yr
180 Teaticket Hwy,Unit Unit 1 & 2, Falmouth, MA 02540
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Property summary
AI-generated overview
Located at 180 Teaticket Highway (Route 28) in Driftwood Plaza, East Falmouth, Massachusetts, the property is a commercial building zoned B2-Commercial and designed for leasing. It contains multiple space options, including an upper-level unit totaling approximately 1,300 square feet and first-floor units totaling approximately 2,500 square feet (Units 1 and 2 combined). The building was configured as a fitness and wellness facility, with a lobby, gym area, private office, and restroom/changing facilities including a shower, and it includes storage with flexible layout configurations that may allow conversion to other permitted uses. Documented improvements include updated mechanical systems, renovated bath facilities, electrical updates, new flooring, new interior paint, an updated lobby, roof-related improvements, and structural improvements. The property is positioned adjacent to a Cumberland Farms gas station and convenience store, providing access along Route 28.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
FRAME
Total area
14,348 SF
Lot
0.78 ac (33,794 SF)
Zoning code
B2
APN
FALM 39 S:24 P:005 L:002
UPID
US38-1542781
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.90M
Owner & transaction history
Zoning & alternative use
B2 · Teaticket, MA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.90M
Value range
$1.71M – $2.09M
±10% around blend
Estimated value / SF
$132 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$1.71M
blend $1.90M
$2.09M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,348 SF
Lot area
0.78 ac
Year built
1987
Stories
2
APN
FALM 39 S:24 P:005 L:002
Zoning
B2
Assessed value
$1,656,900
Annual tax
$10,405
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.93M
Range $1.79M – $4.90M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 105 sales
$226
-41%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $132/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.66M
Move the market yield to see immediate price impact.
Value / SF
$115
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$104k
$2.09M
$1.49M
$1.16M
$116k
$2.32M
$1.66M
$1.29M
$128k
$2.55M
$1.82M
$1.42M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,405
Tax year 2024
Assessed value
$1,656,900
Assessed 2024
Previous assessed
$1,442,000
+14.9% YoY
Effective rate
0.63%
On assessed value
Assessed land
$641,800
Assessed improvement
$1,015,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
14,348 SF
Lot
0.78 ac (33,794 SF)
Zoning code
B2
APN
FALM 39 S:24 P:005 L:002
UPID
US38-1542781
Jurisdiction
FALMOUTH
Zoning & alternative use
B2 · Teaticket, MAZoning B2 · permitted uses
B2 · Teaticket, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.78 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Teaticket, MA
Recorded code
B2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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