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Financial
Distress signals
Property profile

2870 Cranberry Hwy Wareham, MA 02538

FOR SALE
Office buildings
Property ID
US38-1716122
3,710 SF 0.09 ac lot Built 1987
Last sale Mar 2005 · $395,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2870 Cranberry Highway, Unit #2 in Wareham, Massachusetts, is a retail/commercial space within a strip-zoned setting along Cranberry Highway. The building was constructed in 1987 and includes recently refurbished interior space totaling approximately 1,500+ square feet, configured for retail use with the possibility of office use as well. The unit is served by central air conditioning and has interior views of Union Pond. The property is designated CS zoning and is positioned on a highway-facing commercial frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$394k
Assessed land$50k
Assessed improvement$344k
Effective rate1.12%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$11k
Operating expenses−$14k
NOI · 5.95% cap applied$42k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$202/SF
County average, outlier-cleaned · 232 recorded sales of this use type
Observed band · Q1–Q3$114 – $315
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.95%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAREHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.5
Electrical Service9.1
Locksmith8.7

Location

2870 Cranberry Hwy Wareham, MA 02538
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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