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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
217 Clinton Ave, Falmouth, MA 02540-3810
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0450314
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1943
Construction
FRAME
Total area
4,192 SF
Lot
0.14 ac (6,299 SF)
Zoning code
B3
APN
FALM 47C S:08 P:030A L:000B
UPID
US38-0450314
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
-
Clancy Construction, Inc. Construction Company General Contractor
-
Duphily Law Law Firm
-
Bedard Realty Inc. Waterfront Property Brokers Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.47M
Owner & transaction history
Clinton Ave LLC · 5 yrs held
Clinton Ave LLC
since 2020
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
B3 · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$950,000
+2.7%
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
Method
Estimation
Statistic approach
$1,570,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
$1,565,000
6.5%
$1,445,000
7%
$1,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$925,000
Current use
RETAIL STORES
$950,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.35M (Oct 16 2020)
Last sale anchor
$1.35M
Oct 16 2020
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
$351 / 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
$12,353
Tax year 2024
Assessed value
$1,967,000
Assessed 2024
Previous assessed
$1,721,800
+14.2% YoY
Effective rate
0.63%
On assessed value
Assessed land
$1,316,300
Assessed improvement
$650,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,192 SF
Lot
0.14 ac (6,299 SF)
Zoning code
B3
APN
FALM 47C S:08 P:030A L:000B
UPID
US38-0450314
Jurisdiction
FALMOUTH
Zoning & alternative use
B3 · Falmouth, MA
Zoning B3 · permitted uses
B3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$925,000
RETAIL STORES
Est. value
$950,000
OFFICE BUILDING Current
RETAIL STORES
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
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Clinton Ave LLC
Entity
Mailing address
217 CLINTON AVE, FALMOUTH, MA 02540-3810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
$2,750,000
Clinton Ave LLC
Wind Sch LLC
Quit Claim Deed
$2,500,000 · Wind Sch LLC
Sep 13, 2016
$1,350,000
John J Burns
217 Clinton Avenue LLC
Quit Claim Deed
$1,350,000 · Cape Wind Waterfront
Dec 20, 2012
$1
217 Clinton Avenue LLC
Scranton RT
Grant Deed
related
—
Aug 31, 2001
$995,000
Scranton RT
Regatta Ent LLC
Grant Deed
—
May 2, 2001
$790,000
Regatta Ent LLC
Bryan Motor Inn INC
Grant Deed
$590,000 · Compass Bank For Savings
Feb 27, 1992
—
Bryan Motor Inn INC
—
Deed Of Trust
related
$112,000 · Us Small Business Admn
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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