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Property profile & analytics
OFF-MARKET
Estimated value
$2,765,000
Specialty properties
33 Highfield Dr Falmouth, MA 02540-2303
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-0610150
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1974
Construction
STEEL FRAME
Total area
62,383 SF
Lot
8.75 ac (381,019 SF)
Zoning code
B2
APN
FALM 38 S:01 P:011B L:003
UPID
US38-0610150
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
-
Falmouth Sports Center Health Club Gym & Fitness Center
-
241 Fitness Gym & Fitness Center
-
Falmouth Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
-
TJO Sports Gym & Fitness Center Sports Field & Court
-
Timothy J. Wakefield, ATC Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.77M
Owner & transaction history
Tjo Sports Falmouth Rlty · 11 yrs held
Tjo Sports Falmouth Rlty
since 2014
2 recorded transactions
Zoning & alternative use
B2 · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
sion or radio antenna subject to MGL c. 409A, § 3 Facilities exceeding 50 feet above ground level SP-Z SP-Z SP-Z Wind energy system Subject to the requirements of § 240-9.9 SP-Z SP-Z N § 240-6.2 Business Districts (B-1, B-2, B-3, BR) § 240-6.2A Districts (1) B-1 Business 1 (2) B-2 Business 2 (3) B-3 Business 3 (4) BR Business Redevelopment § 240-6.2B Use Tab…
Zone name
Business 2
General category
COMMERCIAL
Zone area
324.71 ac
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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$44 / 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
$15,709
Tax year 2024
Assessed value
$2,501,400
Assessed 2024
Previous assessed
$2,228,200
+12.3% YoY
Effective rate
0.63%
On assessed value
Assessed land
$1,390,200
Assessed improvement
$1,111,200
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
62,383 SF
Lot
8.75 ac (381,019 SF)
Zoning code
B2
APN
FALM 38 S:01 P:011B L:003
UPID
US38-0610150
Jurisdiction
FALMOUTH
Zoning & alternative use
B2 · Falmouth, MAZoning B2 · permitted uses
B2 · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
sion or radio antenna subject to MGL c. 409A, § 3 Facilities exceeding 50 feet above ground level SP-Z SP-Z SP-Z Wind energy system Subject to the requirements of § 240-9.9 SP-Z SP-Z N § 240-6.2 Business Districts (B-1, B-2, B-3, BR) § 240-6.2A Districts (1) B-1 Business 1 (2) B-2 Business 2 (3) B-3 Business 3 (4) BR Business Redevelopment § 240-6.2B Use Table [Amended 11-13-2023 AFTM by Art. 9 , approved 2-15-2024; 4-8-2024 ATM by Art. 35
Zone name
Business 2
General category
COMMERCIAL
Zone area
324.71 ac
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
8.75 ac
Current owner
From public records · entity-resolved
Tjo Sports Falmouth Rlty
Individual
Mailing address
PO BOX 603, FALMOUTH, MA 02541-0603
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2014
$1,495,000
Tjo Sports Falmouth Rlty
Dmcp Corp
Quit Claim Deed
$1,100,000 · Martha Vineyard Sb
Nov 3, 1995
$740,000
Dmcp Corp
Falmouth Sports Ctr
Grant Deed
$350,000 · Bankboston Development Co LLC
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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