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    Property profile & analytics

    231 Crowell Rd Chatham, MA 02633

    • Investment properties
    • 948 SF
    • 0.50 lot acres
    For Sale
    View listing
    $1,995,000
    Value Estimation
    Last Sale
    Dec 01, 2023
    $420,000
    Location Intelligence
    Property ID
    US38-0147166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 231 Crowell Rd

    Year built
    1995
    Construction
    FRAME
    Lot size
    0.50 lot acres
    Property size
    948 SF
    Zone code
    GB3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CHAT M:13G B:0002 L:15
    APU
    CHATM13GB0002L15

    Description

    Exceptional commercial opportunity in Chatham, MA, priced at $1,995,000. This property features two buildings situated on a spacious 21,780 square foot lot. The first building, constructed in 1995, offers 948 square feet of space, including a full bath, office, full basement, two gas heaters, and a Viessman hot water heater. The second building, built in 2003, provides 1,638 square feet with two bays and a carport. The first floor of the second building is equipped with a gas heater, while the second floor is ready for finishing, presenting significant potential for expansion or customization. The property is zoned GB3, allowing for a variety of permitted uses as detailed in the provided documents, including the GB3 standard permitted uses section 3.4 and Appendix 1 "Schedule of Use Regulations." Floor plans and a septic site plan are available for review. Previous uses include a builder's workshop and storage for automobiles, boats, and vintage motorcycles. The property includes owned solar panels. Total square footage is 2,586. All information should be independently verified. This unique property presents a compelling investment opportunity with diverse possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $370,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $425,000
      Mixed-Use
      $435,000
      Hospitality
      $360,000
      Educational
      $380,000
      Residential Income
      $430,000
      Energy
      $435,000
      Income-Based Land
      $370,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.9664
    Latitude
    41.6912
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,049
    $366,700
    $207,200
    $573,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,320,000
      3,937 SF

      104 Crowell Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,937 SF
      104 Crowell Rd, Chatham, MA 02633-2085
      View Details
    • Value Estimation
      $1,325,000
      1.00 Acres

      776 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acres
      776 Main St, Chatham, MA 02633-1823
      View Details
    • Value Estimation by Request
      0.78 Acres

      505 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.78 Acres
      505 Main St, Chatham, MA 02633-2216
      View Details
    • Value Estimation by Request
      1,688 SF

      434 Ridgevale Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,688 SF
      434 Ridgevale Rd, Chatham, MA 02633
      View Details
    • Value Estimation
      $330,000
      0.23 Acres

      145 Stony Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.23 Acres
      145 Stony Hl Rd, Chatham, MA 02633-1994
      View Details
    • Value Estimation
      $1,230,000
      2,768 SF

      48 Crowell Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,768 SF
      48 Crowell Rd, Chatham, MA 02633-2826
      View Details

    Similar Nearby for Sale

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      Residential lot for sale in Chatham, build your dream home.
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    Similar Nearby for Lease

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      Prime Chatham Retail Space Available

      Exceptional commercial space in a highly desirable Chatham location.
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    • Contact for pricing
      1,000 SF

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      View Details
    • $40 SF/Yr

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    231 Crowell Rd
    Chatham, MA 02633
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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