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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Turn key restaurants
2605 Cranberry Hwy, Wareham, MA 02571-1012
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1374885
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
FRAME
Total area
1,450 SF
Lot
0.74 ac (32,089 SF)
APN
WARE M:00132 B:000 L:1018B
UPID
US38-1374885
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
-
Cranberry Pizza & Steak Tip Restaurant
-
Cranberry Pizza & Steak Tips Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$362k
Blend (final)
Blend
$510k
Owner & transaction history
St Ereeny Saas LLC · 2 yrs held
St Ereeny Saas LLC
since 2024
Last sale
$510,000
7 recorded transactions
Zoning & alternative use
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 Wareham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wareham 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Mar 15 2024)
Last sale anchor
$510k
Mar 15 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
$352 / 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
$4,257
Tax year 2024
Assessed value
$379,100
Assessed 2024
Previous assessed
$379,100
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$140,100
Assessed improvement
$239,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,450 SF
Lot
0.74 ac (32,089 SF)
APN
WARE M:00132 B:000 L:1018B
UPID
US38-1374885
Jurisdiction
WAREHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
St Ereeny Saas LLC
Entity
Mailing address
2605 CRANBERRY HWY, WAREHAM, MA 02571-1012
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2024
$510,000
St Ereeny Saas LLC
Papantoniadis Prop LLC
Quit Claim Arm's Length For Ne States
$335,000 · Fall River Five Cents Savings Bank
Apr 18, 2019
—
Papantoniadis Properties
—
Deed
related
$100,000 · Michelle Capra Skarbe
Feb 26, 2019
—
Papantoniadis Properties
—
Deed
related
$65,000 · Michelle C Skarbek
May 8, 2015
$85,000
Papantoniadis Properties
Pbe Co LLC
Quit Claim Deed
$85,000 · Michelle C Skarbek
Jan 7, 2014
$174,000
Pbe Co LLC
Quintal,gloria M
Foreclosure
related
—
Aug 19, 2009
—
Gloria M Quintal
—
Deed Of Trust
related
$100,000 · Sovereign Bank
Aug 31, 2007
—
Gloria M Quintal
—
Deed Of Trust
related
$150,000 · Sovereign Bank
Sep 15, 2006
$375,000
Gloria Quintal
Pbe Companies LLC
Grant Deed
—
Aug 3, 2006
$1
Pbe Companies LLC
R&d RT
Grant Deed
—
Jul 20, 2004
$335,000
R RT
Prada,melvin M
Grant Deed
$249,230 · Compass Bank For Savings
—
—
Papantoniadis Properties
—
Deed Of Trust
related
$135,000 · George Deligiannides
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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