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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Gas stations
502 Main St Falmouth, MA 02540-3129
Individually Owned
4-yr Hold
Free & Clear
Property ID
US38-2545018
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,189 SF
Lot
0.34 ac (14,710 SF)
Zoning code
BR
APN
FALM 47B S:02 P:009 L:000A
UPID
US38-2545018
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
-
Colonial Filling Station Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Colonial 502 RT · 4 yrs held
Colonial 502 RT
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
BR · Falmouth, 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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$935,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.10M (Mar 17 2022)
Last sale anchor
$1.10M
Mar 17 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
$875 / 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
$6,093
Tax year 2024
Assessed value
$970,200
Assessed 2024
Previous assessed
$875,100
+10.9% YoY
Effective rate
0.63%
On assessed value
Assessed land
$493,700
Assessed improvement
$476,500
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,189 SF
Lot
0.34 ac (14,710 SF)
Zoning code
BR
APN
FALM 47B S:02 P:009 L:000A
UPID
US38-2545018
Jurisdiction
FALMOUTH
Zoning & alternative use
BR · Falmouth, MA
Zoning BR · permitted uses
BR · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Colonial 502 RT
Individual
Free & Clear · 4 yrs held
Mailing address
415 WW ST, WEST BRIDGEWATER, MA 02379-1030
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
$1,100,000
Colonial 502 RT
Locke Falmouth LLC
Quit Claim Arm's Length For Ne States
—
Apr 2, 2018
—
Locke Falmouth LLC
502 Main Street Realty Trust
Quit Claim Deed
related
—
Sep 15, 2009
$543,750
502 Main Street RT
Community Bk
Grant Deed
—
Aug 21, 2009
$550,000
Community Bk
Maghrabi RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Aug 3, 2006
—
Maghrabi RT
—
Deed Of Trust
related
$344,000 · Bay Colony Dev Corp
Aug 19, 2005
$1,125,000
Maghrabi RT
Marken RT
Grant Deed
$495,000 · Community Savings Bank
Aug 19, 2005
—
Maghrabi RT
—
Deed Of Trust
related
$346,500 · Community Savings Bank
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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