Financial
Distress signals
Property profile

359 Main St Falmouth, MA 02540

OFF-MARKET
Investment properties
Property ID
US38-0767479
0.57 ac lot
Last sale Mar 2024 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$1.44M
Assessed land$572k
Assessed improvement$872k
Effective rate0.63%

Value estimate

· Sep 2026
$3.20M
$2.88M – $3.52M
AI approach$3.20M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$63 – $308

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
Business 2 district is intended to promote business related uses.
General categoryCOMMERCIAL
JurisdictionFALMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.5
Electrical Service9.3
Laundry Service9.3

Location

359 Main St Falmouth, MA 02540-3158
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
683 Main, Falmouth, MA 02540-3221 $900,000 Dec 2024 2,880 SF
199 Main, Falmouth, MA 02540-2797 $3,900,000 Oct 2024 11,114 SF
635 Falmouth, Falmouth, MA 02540-2114 $1,095,000 Jun 2024 3,449 SF
176 Main, Falmouth, MA 02540-2765 $2,925,000 Aug 2023 8,523 SF
216 Woods Hole, Falmouth, MA 02540-1623 $165,000 Oct 2022 3,376 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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