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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Investment properties
366 Commercial St Provincetown, MA 02657-2322
Individually Owned
4-yr Hold
Property ID
US38-2399163
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
FRAME
Total area
2,188 SF
Lot
0.06 ac (2,825 SF)
Zoning code
TCC
APN
PROV M:12-1 P:116
UPID
US38-2399163
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
-
Tim Saternow Artist
-
Greg Salvatori Gallery Art Gallery
-
Kobalt Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.53M
Owner & transaction history
Firas Shilaimon · 4 yrs held
Firas Shilaimon
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
TCC · Provincetown, 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 Provincetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Provincetown 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
$2,485,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±10% · vs last sale $2.53M (Dec 2 2021)
Last sale anchor
$2.53M
Dec 2 2021
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
$1,154 / 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
Assessed value
$2,784,100
Assessed 2024
Previous assessed
$2,784,100
+0.0% YoY
Assessed land
$591,900
Assessed improvement
$2,192,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1850
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
8
Bathrooms
3
Total area
2,188 SF
Lot
0.06 ac (2,825 SF)
Zoning code
TCC
APN
PROV M:12-1 P:116
UPID
US38-2399163
Jurisdiction
PROVINCETOWN
Zoning & alternative use
TCC · Provincetown, MA
Zoning TCC · permitted uses
TCC · Provincetown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Provincetown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
8
Bathrooms
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Firas Shilaimon
Individual
Mailing address
1707 S CARMELINA AVE, LOS ANGELES, CA 90025-3625
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
$2,530,000
Firas Shilaimon
Francine A Dolimpio
Quit Claim Arm's Length For Ne States
—
Oct 20, 2011
—
Francine A Dolimpio
—
Deed Of Trust
related
$300,000 · Cape Cod Coop Bank
Jul 25, 2011
$1
Francine A Dolimpio
Dolimpio,francine A
Grant Deed
related
—
Jan 18, 2011
—
Francine A Dolimpio
—
Deed Of Trust
related
$417,000 · Cape Cod Coop Bank
May 29, 2008
$675,000
Francine A Dolimpio
Us Bk
Grant Deed
$506,250 · Cape Cod Coop Bank
Oct 4, 2007
$824,500
Us Bk
Michaels,timothy
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 26, 2006
—
Timothy Michaels
—
Deed Of Trust
related
$150,000 · Citimortgage INC
Nov 30, 2005
$1,100,000
Timothy Michaels
Mccarthy,douglas
Grant Deed
$880,000 · Credit Suisse Fir Fin
Oct 19, 2001
$650,000
Douglas Mccarthy
Jason,manuel H JR
Grant Deed
$520,000 · Pride Mortgage INC
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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