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Property profile & analytics

243 Commercial St, Unit 249 Provincetown, MA 02657-2201

  • Hotels
  • 20,426 SF
  • 0.44 lot acres
OFF-MARKET
Value Estimation
$7,000,000
Last Sale
Nov 29, 2021
$7,316,288
Location Intelligence
Property ID
US38-1263767
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

  • Hotels

Property Details for 243 Commercial St

Year built
1999
Construction
FRAME
Lot size
0.44 lot acres
Property size
20,426 SF
Zone code
TCC
Property type
Hotels
APN
PROV M:11-3 P:30
APU
PROVM113P30

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,990,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,760,000
    6.5%
    $7,285,000
    7%
    $7,755,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $7,230,000
    Geo Method
    $7,210,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,195,000
    Retail
    $7,065,000
    Mixed-Use
    $5,970,000
    Hospitality
    $6,025,000
    Educational
    $6,220,000
    Residential Income
    $7,425,000
    Energy
    $8,040,000
    Income-Based Land
    $6,840,000
    Food Service
    $8,145,000

Location Insight

  • Map
  • Local Demand
City
Provincetown
County
Barnstable
State
Massachusetts
Longitude
-70.1873
Latitude
42.0501
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
$50,652
$3,715,300
$6,006,800
$9,722,100
-
$0.00
$0.00
$0.00
More about this property
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