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Property profile & analytics
OFF-MARKET
Individual retail properties
323 Orleans Rd North Chatham, MA 02650-1161
Entity Owned
9-yr Hold
Free & Clear
Property ID
US38-1649602
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2018
Construction
FRAME
Total area
11,310 SF
Lot
0.75 ac (32,852 SF)
Zoning code
GB3
APN
CHAT M:14I B:0041 L:14A
UPID
US38-1649602
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chatham Works Holdings · 9 yrs held
Chatham Works Holdings
since 2017
6 recorded transactions
Zoning & alternative use
GB3 · North Chatham, 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 North Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Chatham 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
$9,597
Tax year 2024
Assessed value
$2,688,200
Assessed 2024
Previous assessed
$2,688,200
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$375,900
Assessed improvement
$2,312,300
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
11,310 SF
Lot
0.75 ac (32,852 SF)
Zoning code
GB3
APN
CHAT M:14I B:0041 L:14A
UPID
US38-1649602
Jurisdiction
CHATHAM
Zoning & alternative use
GB3 · North Chatham, MAZoning GB3 · permitted uses
GB3 · North Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Chatham Works Holdings
Entity
Free & Clear · 9 yrs held
Mailing address
323 ORLEANS RD, NORTH CHATHAM, MA 02650-1161
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Jul 28, 2017
$412,000
Chatham Works Holdings
Rapp,stuart W
Quit Claim Deed
—
Sep 29, 2006
—
Frankel Okeefe LLC
—
Deed Of Trust
related
$907,000 · Cit Group Consumer Fin
Jun 25, 2002
$700,000
Frankel Okeefe LLC
Shooting Star Realty
Grant Deed
$661,500 · Cit Small Business Lending Co
Jun 7, 2001
$400,000
Shooting Star Rlty LLC
Aucoin,jean P
Grant Deed
$398,000 · Compass Bank For Savings
Jun 7, 2001
—
Shooting Star Rlty
—
Deed Of Trust
related
$398,000 · Compass Bank For Savings
—
—
Chatham Works Hldgs
—
Deed Of Trust
related
$1,335,000 · Granite St Economic Dev
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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