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Property profile & analytics
OFF-MARKET
Commercial real estate
4 Merchants Rd, Sandwich, MA 02563-5305
Individually Owned
Free & Clear
Property ID
US38-0250435
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1983
Construction
FRAME
Total area
1,816 SF
Zoning code
BL-1
APN
SAND M:0087 B:0045 L:0004
UPID
US38-0250435
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
-
Wish Gift Co. (Bike/Boat/Book/etc) Store
-
Cape Surf Clothing & Fashion Store
-
LAER Realty Partners - Sandwich Real Estate Agency
-
Saltwater Skincare Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bliss-brown Elizabeth
Bliss-brown Elizabeth
since 2026
Last sale
$220,000
7 recorded transactions
Zoning & alternative use
BL-1 · Sandwich, 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 Sandwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandwich 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,280
Tax year 2024
Assessed value
$211,100
Assessed 2024
Previous assessed
$171,300
+23.2% YoY
Effective rate
1.08%
On assessed value
Assessed improvement
$211,100
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 CONDOMINUIM
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
1,816 SF
Zoning code
BL-1
APN
SAND M:0087 B:0045 L:0004
UPID
US38-0250435
Jurisdiction
SANDWICH
Zoning & alternative use
BL-1 · Sandwich, MA
Zoning BL-1 · permitted uses
BL-1 · Sandwich, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandwich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
Bliss-brown Elizabeth
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 238, EAST SANDWICH, MA 02537-0238
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
$370,000
Bliss-brown Elizabeth
King
Quitclaim Deed
—
Jan 3, 2025
$230,000
Yellow Dog Re Hldg LLC
Michael J Stutzman
Corporation Deed
$184,000 · Cape Cod Five Cents Savings Bank
Jun 21, 2023
—
Carbar LLC
—
Deed
related
$227,000 · Bay Colony Development Corp
Jun 13, 2023
$550,000
Carbar LLC
B & T RT
Corporation Deed
$275,000 · Eastern Bank
May 5, 2022
$220,000
Quiltcorner LLC
4 Merchants Rd Unit 4 RT
Quit Claim Arm's Length For Ne States
—
Mar 23, 2020
$130,000
Wish Prop Hldgs
Colleen P Higham
Corporation Deed
$100,000 · Cape Cod Five Cents Svgs Bk
Mar 23, 2020
—
David J Sampson
—
Deed
related
$100,000 · Cape Cod Five Cents Savings Bank
Jul 18, 2019
$135,000
Yellow Dog Real Hldgs
Morris Ft
Quitclaim Deed
$62,500 · Cape Cod Five Cents Svgs Bk
Jul 18, 2019
—
Yellow Dog Real Hldgs
—
Deed
related
$50,000 · Miscellaneous Govt Agcy
Feb 5, 2019
—
Hibiscus Trust
—
Deed
related
$168,000 · Santander Bk NA
Jul 23, 2018
$160,000
4 Merchants Rd Unit 4 RT Trust
Reilly,kevin W
Quit Claim Deed
—
Dec 13, 2016
$125,000
Morris Family Trust
Stutzman Jean M Trust
Quitclaim Deed
—
Jul 7, 2016
—
Stutzman,jean M Trust
Stutzman,jean
Quitclaim Deed
related
—
Apr 17, 2008
—
Cms Holdings LLC
—
Deed Of Trust
related
$250,000 · Holbrook Cp Bank
Apr 9, 2007
$135,000
Cms Holdings LLC
Ellsworth RT
Grant Deed
related
—
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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