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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Commercial real estate
211 Main St, Orleans, MA 02653
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1341343
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1956
Construction
FRAME
Total area
3,444 SF
Zoning code
RB
APN
ORLE M:035.0 B:0071 L:0001.0
UPID
US38-1341343
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
-
ADORN Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$650k
Owner & transaction history
Fairwind Enterprises LLC · 2 yrs held
Fairwind Enterprises LLC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
RB · Orleans, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$780,000
+2.0%
Office building
$775,000
+1.6%
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 Orleans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orleans 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
RETAIL STORES
$780,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Mar 6 2024)
Last sale anchor
$650k
Mar 6 2024
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
$189 / 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
$5,499
Tax year 2024
Assessed value
$857,900
Assessed 2024
Previous assessed
$857,900
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed improvement
$857,900
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1956
Construction
FRAME
Heating
NONE
Buildings
1
Stories
2
Total area
3,444 SF
Zoning code
RB
APN
ORLE M:035.0 B:0071 L:0001.0
UPID
US38-1341343
Jurisdiction
ORLEANS
Zoning & alternative use
RB · Orleans, MA
Zoning RB · permitted uses
RB · Orleans, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orleans. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$765,000
RETAIL STORES
Est. value
$780,000
OFFICE BUILDING
Est. value
$775,000
COMMERCIAL (GENERAL) Current
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
1956
Construction
FRAME
Heating
NONE
Stories
2
Buildings
1
Current owner
From public records · entity-resolved
Fairwind Enterprises LLC
Entity
Mailing address
211 MAIN ST, ORLEANS, MA 02653
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
$650,000
Fairwind Enterprises LLC
James F Trainor
Quit Claim Arm's Length For Ne States
$650,000 · James F Trainor
Oct 16, 2020
$110,251
James F Trainor
J
Quit Claim Deed
—
Oct 29, 2008
—
Drjx Realty LLC
—
Deed Of Trust
related
$270,000 · South Eastern Econ Dev Corp
Feb 1, 2008
$650,000
Drjx Realty LLC
Smith,rima
Grant Deed
$261,450 · Cape Cod Five Cent Bank
Feb 1, 2008
—
Drjx Realty LLC
—
Deed Of Trust
related
$125,000 · Cape Cod Five Cent Bank
Oct 4, 2004
$1
Rima Smith
Smith,ronald N
Grant Deed
related
—
Jan 20, 1995
—
Ronald N Smith
—
Deed Of Trust
related
$155,237 · Cape Cod Five Cent Bank
Dec 30, 1987
—
Ronald M Smith
—
Deed Of Trust
related
$310,000 · Cape Cod Five Cent Bank
Feb 11, 1987
—
Ronald N Smith
—
Deed Of Trust
related
$95,000 · Cape Cod Five Cent 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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