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    Property profile & analytics

    265 Commercial St Wellfleet, MA 02667-7450

    • Turn key restaurants
    • 1,200 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $985,000
    Last Sale
    Dec 01, 2020
    $900,000
    Location Intelligence
    Property ID
    US38-0905922
    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

    • Mac's On the Pier / Seafood Restaurant / Seafood Market
    • Mac's Seafood Market Wellfleet / Seafood Market / Seafood Restaurant

    Property Details for 265 Commercial St

    Year built
    1967
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    1,200 SF
    Zone code
    CENTRA
    Property type
    Turn key restaurants
    APN
    WELL M:021.0 B:0113 L:0000.0
    APU
    WELLM0210B0113L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,045,000

    • CAP approach

      CAP return
      Estimation
      6%
      $910,000
      6.5%
      $860,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $760,000
      Geo Method
      $875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $890,000
      Retail
      $795,000
      Mixed-Use
      $760,000
      Hospitality
      $740,000
      Educational
      $850,000
      Residential Income
      $835,000
      Energy
      $725,000
      Income-Based Land
      $685,000
      Food Service
      $685,000

    Location Insight

    • Map
    • Local Demand
    City
    Wellfleet
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.0304
    Latitude
    41.9296
    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
    $4,391
    $567,200
    $115,700
    $682,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,015,000
      4,130 SF

      842 State Hwy Rte 6th 6

      RESTAURANT • 4,130 SF
      842 State Hwy Rte 6th 6, Wellfleet, MA 02667-8115
      View Details
    • Value Estimation by Request
      4,596 SF

      50 Kendrick Ave

      RESTAURANT • 4,596 SF
      50 Kendrick Ave, Wellfleet, MA 02667-7519
      View Details
    • Value Estimation
      $350,000
      4,080 SF

      1019 State Hwy Rte 6th 6

      RESTAURANT • 4,080 SF
      1019 State Hwy Rte 6th 6, Wellfleet, MA 02667-8107
      View Details
    • Value Estimation
      $300,000
      1,658 SF

      91 Commercial St

      RESTAURANT • 1,658 SF
      91 Commercial St, Wellfleet, MA 02667-7447
      View Details
    • Value Estimation
      $240,000
      2,674 SF

      554 State Hwy Rte 6th 6

      RESTAURANT • 2,674 SF
      554 State Hwy Rte 6th 6, Wellfleet, MA 02667-8146
      View Details
    • Value Estimation by Request
      3,688 SF

      250 Commercial St

      RESTAURANT • 3,688 SF
      250 Commercial St, Wellfleet, MA 02667-7446
      View Details

    Similar Nearby for Sale

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      Turn-key 50-seat restaurant with outdoor patio and ample parking.
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      3,119 SF

      Charming Gallery in Wellfleet Center

      Commercial/Residential property with endless potential in a sought-after location.
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      Wellfleet Homesite with Septic System

      Half-acre Wellfleet homesite with installed septic and well.
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    • $399,000
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      Wellfleet Land For Sale

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    265 Commercial St
    Wellfleet, MA 02667-7450
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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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