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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    307 Old Main St South Yarmouth, MA 02664-4534

    • Specialty properties
    • 5,590 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1290758
    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

    • The Cultural Center of Cape Cod / Theater & Performing Art Venue
    • The BNI Convergence Team / Association Or Organization
    • Fresh Paint Artists Studio / Art Gallery
    • Evans Arnold Abstracts / Theater & Performing Art Venue
    • Art Studio / Artist

    Property Details for 307 Old Main St

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.91 lot acres
    Property size
    5,590 SF
    Property type
    Specialty properties
    APN
    YARM M:0061 B:016.1 L:0000
    APU
    YARMM0061B0161L0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $795,000
      Current use
      COMMERCIAL (GENERAL)
      $645,000
      Change: -19% Conversion: Difficult
      RESTAURANT
      $640,000
      Change: -20% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $635,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Yarmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1856
    Latitude
    41.6653
    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
    $0.00
    $316,000
    $1,505,200
    $1,821,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,070,000
      44,504 SF

      265 Main St

      CHARITABLE ORGANIZATION • 44,504 SF
      265 Main St, South Yarmouth, MA 02664-2083
      View Details
    • Value Estimation by Request
      4,675 SF

      137 Run Pond Rd

      CHARITABLE ORGANIZATION • 4,675 SF
      137 Run Pond Rd, South Yarmouth, MA 02664-5833
      View Details
    • Value Estimation by Request
      4,256 SF

      58 Long Pond Dr

      FUNERAL HOME • 4,256 SF
      58 Long Pond Dr, South Yarmouth, MA 02664-4180
      View Details
    • Value Estimation by Request
      0.24 Acres

      12 Pawkannawkut Dr

      CHARITABLE ORGANIZATION • 0.24 Acres
      12 Pawkannawkut Dr, South Yarmouth, MA 02664-5125
      View Details
    • Value Estimation
      $2,305,000
      49,260 SF

      193 Whites Path

      PROFESSIONAL CLUBS/ASSOCIATIONS • 49,260 SF
      193 Whites Path, South Yarmouth, MA 02664-1217
      View Details
    • Value Estimation by Request
      0.24 Acres

      12 Pawkannawkut Dr

      CHARITABLE ORGANIZATION • 0.24 Acres
      12 Pawkannawkut Dr, South Yarmouth, MA 02664-5125
      View Details

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    • Contact for pricing
      1,560 SF

      Industrial Commercial Condo For Sale

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      Cape Cod Land For Sale

      3.28 acres near Cape Cod Rail Trail, South Yarmouth.
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      Cape Cod Restaurant Opportunity

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      Waterfront Land on Parker's River

      Waterfront land with 236 ft frontage on Parker's River.
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      Land with Parkers River View

      Large lot with potential for multi-unit development overlooking Parkers River.
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      Cape Cod Restaurant Opportunity

      Popular breakfast and lunch restaurant with full liquor license.
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    Similar Nearby for Lease

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      11,870 SF

      Prime Yarmouth Commercial Space

      11,870 sq ft, Single Tenant, Route 6 Access
      23 Whites Path, Yarmouth, MA 02664
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      2,500 SF

      Yarmouth Retail Space Available

      Retail spaces for lease in grocery-anchored shopping center.
      5 Long Pond Dr, Yarmouth, MA 02664
      View Details
    • $2,500 /Mo
      2,000 SF

      Yarmouth Flex Space For Rent

      Flex space featuring overhead door, restrooms, gas heat, and sprinklers.
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    • Contact for pricing
      3,600 SF

      Retail Space in Tourist Destination

      Retail space on Cape Cod with high foot traffic.
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    • New
      $3,000 /Mo
      1,560 SF

      South Yarmouth Commercial Condo For Lease

      Industrial condo with warehouse, office, and mezzanine storage for lease.
      21 Fruean Ave, South Yarmouth, MA 02664
      View Details
    • $20 SF/Yr
      781 SF

      South Yarmouth Commercial Space Available

      Well-maintained office/retail unit with great location and parking.
      12 Whites Path, South Yarmouth, MA 02664
      View Details
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    307 Old Main St
    South Yarmouth, MA 02664-4534
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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