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    Property profile & analytics

    2605 Cranberry Hwy Wareham, MA 02571-1012

    • Turn key restaurants
    • 1,450 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Mar 15, 2024
    $510,000
    Location Intelligence
    Property ID
    US38-1374885
    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

    • Cranberry Pizza & Steak Tip / Pizza Restaurant
    • Cranberry Pizza & Steak Tips / Pizza Restaurant

    Property Details for 2605 Cranberry Hwy

    Year built
    1948
    Construction
    FRAME
    Lot size
    0.74 lot acres
    Property size
    1,450 SF
    Property type
    Turn key restaurants
    APN
    WARE M:00132 B:000 L:1018B
    APU
    WAREM00132B000L1018B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $595,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $590,000
      Retail
      $635,000
      Mixed-Use
      $680,000
      Hospitality
      $550,000
      Educational
      $575,000
      Residential Income
      $695,000
      Energy
      $585,000
      Income-Based Land
      $545,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Wareham
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7169
    Latitude
    41.769
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $4,257
    $140,100
    $239,000
    $379,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $225,000
      1,556 SF

      374 Marion Rd

      RESTAURANT • 1,556 SF
      374 Marion Rd, Wareham, MA 02571-1430
      View Details
    • Value Estimation
      $330,000
      3,690 SF

      3073 Cranberry Hwy

      RESTAURANT • 3,690 SF
      3073 Cranberry Hwy, Wareham, MA 02571
      View Details
    • Value Estimation
      $320,000
      1,778 SF

      2571 Cranberry Hwy

      RESTAURANT • 1,778 SF
      2571 Cranberry Hwy, Wareham, MA 02571-1029
      View Details
    • Value Estimation
      $320,000
      1,268 SF

      2704 Cranberry Hwy

      RESTAURANT • 1,268 SF
      2704 Cranberry Hwy, Wareham, MA 02571-1084
      View Details
    • Value Estimation
      $220,000
      2,016 SF

      207 Main St

      RESTAURANT • 2,016 SF
      207 Main St, Wareham, MA 02571-2111
      View Details
    • Value Estimation
      $225,000
      2,128 SF

      241 Main St

      RESTAURANT • 2,128 SF
      241 Main St, Wareham, MA 02571-2111
      View Details

    Similar Nearby for Sale

    • $2,110,000
      3,189 SF

      Burger King in Wareham, MA

      Burger King in Wareham, MA for sale.
      3012 Cranberry Hwy, East Wareham, MA 02571
      View Details
    • $549,000
      1,379 SF

      Commercial Property on Route 6

      Well-maintained commercial property with high visibility and traffic count.
      58 Sandwich Rd, Wareham, MA 02571
      View Details
    • $1,995,000
      1.10 Acres

      Mixed-Use Property in Wareham Village

      Multi-structure property near downtown, Wareham Crossing, and commuter rail.
      2573 Cranberry Hwy, Wareham, MA 02571
      View Details
    • $475,000

      Land with Livable Home

      Large land parcel with development potential and livable home.
      Main St, Wareham, MA 02571
      View Details
    • $800,000

      Prime Wareham Commercial Land

      9.29 Acres, Route 6, High Visibility
      372 Marion Rd, Wareham, MA 02571
      View Details
    • $139,000

      Cleared Lot Near Agawam Lake

      Building lot with beach access and cranberry bog views.
      81 Maple Springs Rd, Wareham, MA 02571
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    Similar Nearby for Lease

    • Contact for pricing
      5,382 SF

      Retail Space on Cranberry Highway

      Retail spaces available on high-traffic Cranberry Highway.
      3005 Cranberry Hwy, East Wareham, MA 02571
      View Details
    • $2,850 /Mo

      Main Street Storefront for Rent

      1900 sqft storefront with new floors and lighting.
      253 Main St, Wareham, MA 02571
      View Details
    • Contact for pricing
      100,890 SF

      Wareham Plaza Medical Office Space

      Prime Medical Office Space in Wareham, MA
      127 Marion Rd, Wareham, MA 02571
      View Details
    • Contact for pricing
      900 SF

      Retail Space on Cranberry Highway

      Retail spaces available in East Wareham with high traffic.
      3003 Cranberry Hwy, East Wareham, MA 02571
      View Details
    • $1,600 /Mo

      Main Street Storefront in Wareham

      Storefront on Main Street with high visibility and easy access.
      249 Main St, Wareham, MA 02571
      View Details
    • $1,600 /Mo
      Pending

      Wareham Retail/Office Space Available

      Main Street commercial spaces suitable for retail or office tenants.
      181 Main St, Wareham, MA 02571
      View Details
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    Wareham, MA 02571-1012
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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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