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Property profile & analytics
FOR LEASE
Showrooms
19 Commerce Park Rd, Pocasset, MA 02559
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1404574
For Lease
1 / 2
$15 SF/Yr
19 Commerce Park Rd, Pocasset, MA 02559
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1974
Construction
STEEL FRAME
Total area
12,200 SF
Lot
1.84 ac (80,150 SF)
APN
BOUR M:39.0 P:167
UPID
US38-1404574
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
-
Moore Yacht Sales (Bike/Boat/Book/etc) Store
-
Connolly Marine LLC (Bike/Boat/Book/etc) Store
-
Cape Cod Times Depot Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.81M
Owner & transaction history
Portside Drive LLC · 3 yrs held
Portside Drive LLC
since 2022
Last sale
$4.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+16.5%
Retail stores
$2.8M
+6.4%
Office building
$2.8M
+5.9%
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 Pocasset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocasset 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
$3,785,000
ML approach
$3,715,000
CAP Approach
CAP Return
Estimation
6%
$2,835,000
6.5%
$2,620,000
7%
$2,430,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,595,000
Current use
RESTAURANT
$3,025,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$2,760,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$2,750,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$3.81M
Range $3.42M – $4.19M · ±10% · vs last sale $4.45M (Sep 21 2022)
Last sale anchor
$4.45M
Sep 21 2022
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
$312 / 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
$6,973
Tax year 2024
Assessed value
$869,400
Assessed 2024
Previous assessed
$869,400
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$457,200
Assessed improvement
$412,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1974
Construction
STEEL FRAME
Heating
GAS
Buildings
1
Stories
1
Total area
12,200 SF
Lot
1.84 ac (80,150 SF)
APN
BOUR M:39.0 P:167
UPID
US38-1404574
Jurisdiction
BOURNE
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
1974
Construction
STEEL FRAME
Heating
GAS
Stories
1
Buildings
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Portside Drive LLC
Entity
Mailing address
293 WASHINGTON STR, NORWELL, MA 02061-1781
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
$4,448,869
Portside Drive LLC
P J Medeiros Family LP
Quit Claim Arm's Length For Ne States
$8,560,000 · South Shore Bank
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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