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    Property profile & analytics

    359 Main St Falmouth, MA 02540-3158

    • Investment properties
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $3,250,000
    Last Sale
    Mar 22, 2024
    $3,200,000
    Location Intelligence
    Property ID
    US38-0767479
    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

    • Hospice & Palliative Care-Cape / Hospice
    • Dr. Seppo Rapo / General Practitioner

    Property Details for 359 Main St

    Lot size
    0.57 lot acres
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FALM 47B S:01 P:013 L:000
    APU
    FALM47BS01P013L000

    Description

    This exceptional 3,200 square foot commercial property, located at 359 Main Street in Falmouth, Massachusetts (zip code 02540), presents a unique investment opportunity. The building is categorized as retail and office space, suitable for a variety of uses. Its versatile design allows for traditional office setups, coworking spaces, or even medical office practices. The property features a single tenancy, offering a cohesive and efficient layout for a single occupant. The building's total square footage is 3,200 square feet, providing ample space for operations and potential expansion. Situated on Main Street in Falmouth, this location benefits from high visibility and accessibility, ensuring strong potential for attracting clients and employees. The property's address is easily identifiable and conveniently located within the vibrant Falmouth community. This presents a rare chance to acquire a well-positioned commercial space in a desirable Massachusetts town. The property's adaptability makes it an attractive option for businesses seeking a flexible and functional workspace. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The latitude and longitude coordinates are 41.5520311 and -70.6126541 respectively.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,905,000
      6.5%
      $2,980,000
      7%
      $2,965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,205,000
      Geo Method
      $3,595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,795,000
      Retail
      $3,425,000
      Mixed-Use
      $2,820,000
      Hospitality
      $3,260,000
      Educational
      $3,295,000
      Residential Income
      $3,275,000
      Energy
      $2,865,000
      Income-Based Land
      $3,375,000
      Food Service
      $3,845,000

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6127
    Latitude
    41.5518
    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
    $9,066
    $572,000
    $871,700
    $1,443,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,009 SF

      164 Katherine Lee Bates Rd

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    • Value Estimation by Request
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      607 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,870 SF
      607 Main St, Falmouth, MA 02540-3214
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    • Value Estimation by Request
      7,301 SF

      189 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,301 SF
      189 Main St, Falmouth, MA 02540-2785
      View Details
    • Value Estimation
      $345,000
      17.37 Acres

      Nathan Ellis Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 17.37 Acres
      Nathan Ellis Hwy, Falmouth, MA 02540
      View Details
    • Value Estimation
      $320,000
      0.32 Acres

      79 Davis Straits

      OFFICE/RESIDENTIAL (MIXED USE) • 0.32 Acres
      79 Davis Straits, Falmouth, MA 02540-3922
      View Details
    • Value Estimation
      $370,000
      1,627 SF

      83 Davis Straits

      OFFICE/RESIDENTIAL (MIXED USE) • 1,627 SF
      83 Davis Straits, Falmouth, MA 02540-3909
      View Details

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    359 Main St
    Falmouth, MA 02540-3158
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    Realmo Value Estimation

    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.

    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.

    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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