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Property profile & analytics
FOR SALE
Mixed-use properties

29 Simpson Ln Falmouth, MA 02540

Built 1987
Property ID
US38-Q004478
Property summary
AI-generated overview

Falmouth Green - Downtown Falmouth Mixed-Use Commercial Investment Opportunity Located in the heart of downtown Falmouth within the well-established Village Green complex, and just steps from the Shining Sea Bike Path and minutes from Falmouth Hospital, this exceptional mixed-use commercial offering presents a rare investment or owner-user opportunity. The property is a free-standing building within The Falmouth Green condominium association and consists of six units on two floors. The units are currently occupied, providing immediate income potential. The building totals approximately 2,947 square feet and allows for a variety of uses, retail sales, and business or professional offices. Additional features include a welcoming entryway foyer, two restrooms, and a spacious full basement with economical gas heat. Utilities include private septic, Town water, and natural gas. With its prime village location, flexible use potential, strong occupancy, and proximity to shops, dining, harbor amenities, the bike path, and Falmouth Hospital, this property offers an outstanding opportunity to own a versatile, income-property.

Property profile
Verified
Property type Mixed-use properties
Year built 1987
UPID US38-Q004478
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
  • Calm Studio Gym & Fitness Center Alternative Medicine Practice
  • Beacon Of Hope Counseling Crisis Center Medical Clinic
  • Todd A Drummey Certified Financial Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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