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    Property profile & analytics

    40 Elm Ave Bourne, MA 02532

    • Investment properties
    • 1,404 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US38-1221536
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Candy Store / Costume Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 40 Elm Ave

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.86 lot acres
    Property size
    1,404 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BOUR M:30.4 P:140
    APU
    BOURM304P140

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bourne
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6094
    Latitude
    41.7205
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,610
    $244,000
    $206,100
    $450,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,904 SF

      45 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,904 SF
      45 Main St, Bourne, MA 02532-3254
      View Details
    • Value Estimation
      $665,000
      3,813 SF

      82 Trowbridge Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,813 SF
      82 Trowbridge Rd, Bourne, MA 02532-3616
      View Details
    • Value Estimation
      $970,000
      4,299 SF

      240 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,299 SF
      240 Main St, Bourne, MA 02532-3265
      View Details
    • Value Estimation
      $275,000
      1,931 SF

      941 Sandwich Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,931 SF
      941 Sandwich Rd, Bourne, MA 02532
      View Details
    • Value Estimation
      $535,000
      4,041 SF

      12 Trowbridge Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,041 SF
      12 Trowbridge Rd, Bourne, MA 02532-3614
      View Details
    • Value Estimation
      $315,000
      2,070 SF

      3241 Cranberry Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,070 SF
      3241 Cranberry Hwy, Buzzards Bay, MA 02532-4710
      View Details

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      Retail units available for lease on high-visibility highway.
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      Second-floor office space with ocean views and included utilities.
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      View Details
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    40 Elm Ave
    Bourne, MA 02532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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