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Property profile & analytics
OFF-MARKET
Retail space
321 Main St, Wellfleet, MA 02667-7432
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1209878
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1875
Construction
FRAME
Total area
872 SF
Lot
0.04 ac (1,742 SF)
Zoning code
CENTRA
APN
WELL M:014.0 B:0175 L:0000.0
UPID
US38-1209878
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
-
Laxmi Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wesley Real Estate INC · 12 yrs held
Wesley Real Estate INC
since 2014
4 recorded transactions
Zoning & alternative use
CENTRA · Wellfleet, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wellfleet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellfleet 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,182
Tax year 2024
Assessed value
$339,400
Assessed 2024
Previous assessed
$339,400
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$264,100
Assessed improvement
$75,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1875
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
872 SF
Lot
0.04 ac (1,742 SF)
Zoning code
CENTRA
APN
WELL M:014.0 B:0175 L:0000.0
UPID
US38-1209878
Jurisdiction
WELLFLEET
Zoning & alternative use
CENTRA · Wellfleet, MA
Zoning CENTRA · permitted uses
CENTRA · Wellfleet, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wellfleet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1875
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Wesley Real Estate INC
Entity
Mailing address
PO BOX 278, HARWICH, MA 02645-0278
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2014
$265,000
Wesley Real Estate INC
Rosenbaum,marty & Lorraine
Quit Claim Deed
$135,000 · Bank Of Cape Cod
Apr 19, 1995
—
Marty Rosenbaum
—
Deed Of Trust
related
$60,000 · Cape Cod Five Cent Bank
Feb 13, 1990
$102,000
Marty Rosenbaum
Gardinier Lauretta
Grant Deed
$210,000 · Cape Cod Five Cent Bank
—
—
Wesley Real Estate INC
—
Deed Of Trust
related
$115,000 · Miscellaneous Govt Agcy
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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