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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Motels
3082 Cranberry Hwy, East Wareham, MA 02538-4804
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1648899
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
FRAME
Total area
4,240 SF
Lot
0.26 ac (11,316 SF)
APN
WARE M:00131 B:000 L:01030
UPID
US38-1648899
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$490k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
3080 Cranberry Hwy LLC · 2 yrs held
3080 Cranberry Hwy LLC
since 2023
Last sale
$720,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$655,000
+139.0%
Commercial (general)
$520,000
+89.1%
Medical building
$505,000
+84.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Wareham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wareham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$580,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
$530,000
6.5%
$490,000
7%
$455,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$655,000
Change: +139% · Conversion: Difficult
COMMERCIAL (GENERAL)
$520,000
Change: +89% · Conversion: Difficult
MEDICAL BUILDING
$505,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$440,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$395,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $720k (Oct 23 2023)
Last sale anchor
$720k
Oct 23 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$147 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,291
Tax year 2024
Assessed value
$281,800
Assessed 2024
Previous assessed
$281,800
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$33,800
Assessed improvement
$248,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
9
Total area
4,240 SF
Lot
0.26 ac (11,316 SF)
APN
WARE M:00131 B:000 L:01030
UPID
US38-1648899
Jurisdiction
WAREHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$520,000
MEDICAL BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$440,000
RETAIL STORES
Est. value
$395,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
9
Lot
0.26 ac
Current owner
From public records · entity-resolved
3080 Cranberry Hwy LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3082 CRANBERRY HWY, EAST WAREHAM, MA 02538-4804
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
$720,000
3080 Cranberry Hwy LLC
308 Cranberry Highway LLC
Quit Claim Arm's Length For Ne States
—
Sep 16, 2019
$350,000
3082 Cranberry Hwy LLC
Travel Choice INC
Quit Claim Deed
—
Dec 30, 2002
$230,000
Travel Choice INC
Cranberry Hi-way Motel Lt
Grant Deed
—
Feb 21, 1990
$130,000
Cranberry Hi-way
Drury,richard A
Grant Deed
—
Jan 11, 1988
$150,000
Richard A Drury
Drury,marshall H
Grant Deed
related
$60,000 · Middleboro Trust Co
Nov 6, 1987
$150,000
Richard A Drury
Drury,marshall H
Grant Deed
related
$60,000 · Middleboro Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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