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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Warehouses
36 Nicolettas Way Mashpee, MA 02649-2015
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1742795
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
7,440 SF
Lot
1.37 ac (59,851 SF)
Zoning code
I1
APN
MASH M:20 B:56 L:0
UPID
US38-1742795
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
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
36 Nicolettas Way LLC · 4 yrs held
36 Nicolettas Way LLC
since 2022
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
I1 · Mashpee, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+236.2%
Industrial (general)
$1.4M
+220.6%
Office building
$940,000
+119.6%
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 Mashpee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mashpee 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
Method
Estimation
Statistic approach
$1,150,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,435,000
Change: +236% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,370,000
Change: +221% · Conversion: Easy
OFFICE BUILDING
$940,000
Change: +120% · Conversion: Difficult
RESTAURANT
$810,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$760,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.35M (Mar 4 2022)
Last sale anchor
$1.35M
Mar 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$169 / 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
$6,567
Tax year 2024
Assessed value
$1,032,500
Assessed 2024
Previous assessed
$707,500
+45.9% YoY
Effective rate
0.64%
On assessed value
Assessed land
$675,300
Assessed improvement
$357,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
GRAVITY
Buildings
1
Stories
2
Units
3
Bathrooms
3
Total area
7,440 SF
Lot
1.37 ac (59,851 SF)
Zoning code
I1
APN
MASH M:20 B:56 L:0
UPID
US38-1742795
Jurisdiction
MASHPEE
Zoning & alternative use
I1 · Mashpee, MA
Zoning I1 · permitted uses
I1 · Mashpee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mashpee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$940,000
RESTAURANT
Est. value
$810,000
MEDICAL BUILDING
Est. value
$760,000
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
GRAVITY
Stories
2
Buildings
1
Units
3
Bathrooms
3
Lot
1.37 ac
Current owner
From public records · entity-resolved
36 Nicolettas Way LLC
Entity
Mailing address
57 1ST WAY, BARNSTABLE, MA 02630-1247
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$1,350,000
36 Nicolettas Way LLC
P F&c E Emerson Ret
Quit Claim Arm's Length For Ne States
$1,080,000 · Cape Cod Five Cents Savings Bank
Nov 29, 2004
—
Paul F Emerson
—
Deed Of Trust
related
$525,000 · Community Bank & Trust Co
Mar 14, 2002
—
Paul F Emerson
—
Deed Of Trust
related
$144,000 · Cape Is Comnty Devinc
Mar 13, 2002
$140,000
Paul F Emerson
Giatrelis,stephen J
Grant Deed
$185,000 · Plymouth Savings Bank
—
—
Paul F Emerson
—
Deed Of Trust
related
$427,000 · First Citizens Cu
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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