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Property profile & analytics
OFF-MARKET
Estimated value
$10,875,000
Commercial real estate
390 Orleans Rd North Chatham, MA 02650-1154
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US38-1106268
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
FRAME
Total area
57,634 SF
Lot
5.93 ac (258,310 SF)
Zoning code
SB
APN
CHAT M:14I B:0001 L:1
UPID
US38-1106268
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
by Request
CAP Approach
CAP
$12.37M
Comparable Approach
Comparable
$11.33M
Blend (final)
Blend
$10.88M
Owner & transaction history
William A Dobson · 29 yrs held
William A Dobson
since 1997
4 recorded transactions
Zoning & alternative use
SB · North Chatham, 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 North Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Chatham 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,400,000
6.5%
$12,370,000
7%
$11,485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,780,000
Current use
RESTAURANT
$14,280,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$10.88M
Range $9.79M – $11.96M · ±10%
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
$189 / 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
$48,979
Tax year 2024
Assessed value
$13,719,500
Assessed 2024
Previous assessed
$13,719,500
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$1,854,200
Assessed improvement
$11,865,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
2
Units
1
Total area
57,634 SF
Lot
5.93 ac (258,310 SF)
Zoning code
SB
APN
CHAT M:14I B:0001 L:1
UPID
US38-1106268
Jurisdiction
CHATHAM
Zoning & alternative use
SB · North Chatham, MAZoning SB · permitted uses
SB · North Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$16.8M
RESTAURANT
Est. value
$14.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1986
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
5.93 ac
Current owner
From public records · entity-resolved
William A Dobson
Individual
Mailing address
390 ORLEANS RD, NORTH CHATHAM, MA 02650-1154
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 1997
—
Liberty Commons LLC
—
Deed Of Trust
related
$6,500,000 · Worth Funding INC
Jan 30, 1997
$185,000
William A Dobson
Rochette Rlty INC
Grant Deed
$130,000 · Sandwich Cp Bank
Jan 30, 1997
—
William A Dobson
—
Deed Of Trust
related
$55,000 · Zenon Grzybowski
Jul 14, 1995
—
William A Dobson
—
Deed Of Trust
related
$4,654,894 · Shawmut Mortgage
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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