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Property profile & analytics
OFF-MARKET Estimated value $895,000
Office buildings

200 Palmer Ave Falmouth, MA 02540-2893

2,558 SF 0.28 ac lot Built 1898
Individually Owned 23-yr Hold ~ Est. High Equity
Property ID
US38-0716700
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1898
Construction FRAME
Total area 2,558 SF
Lot 0.28 ac (12,201 SF)
Zoning code GR
APN FALM 38A S:01 P:056 L:000
UPID US38-0716700
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
  • M Duffany Builders Construction Company General Contractor
  • Galasso Michael Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$885k
Comparable Approach Comparable
$707k
Blend (final) Blend
$895k
Owner & transaction history
T Dft · 23 yrs held
T Dft
since 2003
5 recorded transactions
2020
Price N/A
2011
Price N/A
2005
Price N/A
2003
$270,000
1998
Price N/A
Zoning & alternative use
GR · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the GR District, the Zoning Board of Appeals finds that: a) The dwelling has been in existence as of January 1, 2000; b) There is no material change to the exterior of the existing dwelling, including architectural features; c) The size of the dwelling and the lot are suitable for the conversion; and d) All resulting rental dwelling units shall have a min…

Zone name General Residence
General category RESIDENTIAL
Zone area 174.61 ac
Top alternative use upside
Retail stores $580,000 +2.7%
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