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Property profile & analytics
OFF-MARKET
Retail space
209 Main St Falmouth, MA 02540-2749
Entity Owned
~
Est. High Equity
Property ID
US38-2356689
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,249 SF
Lot
0.05 ac (2,034 SF)
Zoning code
B1
APN
FALM 47A S:08 P:012 L:002
UPID
US38-2356689
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
-
Ben & Bill's Chocolate Emporium of Falmouth Specialty Food Shop Candy Store
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
Pro Elite Realty LLC
Pro Elite Realty LLC
since 2025
7 recorded transactions
Zoning & alternative use
B1 · Falmouth, 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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$2,388
Tax year 2024
Assessed value
$380,200
Assessed 2024
Previous assessed
$326,700
+16.4% YoY
Effective rate
0.63%
On assessed value
Assessed land
$210,400
Assessed improvement
$169,800
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,249 SF
Lot
0.05 ac (2,034 SF)
Zoning code
B1
APN
FALM 47A S:08 P:012 L:002
UPID
US38-2356689
Jurisdiction
FALMOUTH
Zoning & alternative use
B1 · Falmouth, MA
Zoning B1 · permitted uses
B1 · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Pro Elite Realty LLC
Entity
Mailing address
141 MAIN ST, NORTHAMPTON, MA 01060-3181
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
—
Pro Elite Realty LLC
East Delphi LLC
Quitclaim Deed
related
$200,000 · Bankesb
Apr 26, 2017
—
East Delphi LLC
—
Deed
related
$240,000 · Northern Bk & Tr
Feb 24, 2011
$1
East Delphi LLC
Coggins,benjamin W 3rd
Grant Deed
—
Feb 24, 2011
$250,000
Benjamin W Coggins 3rd
Coggins,william M
Grant Deed
related
—
Jan 31, 1997
—
William M Coggins
—
Deed Of Trust
related
$580,000 · Springfield Inst For Saving
Jun 11, 1992
$132,500
Benjamin W Coggins III
Issokson,stanley E
Grant Deed
$93,000 · Falmouth Natl Bk
Jun 11, 1992
—
Benjamin W Coggins III
—
Deed Of Trust
related
$9,500 · Zenon Grzybowski
Jun 11, 1987
—
Issokson Realty INC
—
Deed Of Trust
related
$215,000 · Falmouth Natl Bk
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.
Try Rey
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