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Property profile & analytics
OFF-MARKET Estimated value $1,255,000
Office buildings

533 Palmer Ave Falmouth, MA 02540-5112

3,600 SF 1.06 ac lot Built 1964
Entity Owned 10-yr Hold Free & Clear
Property ID
US38-1697579
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Construction FRAME
Total area 3,600 SF
Lot 1.06 ac (46,086 SF)
Zoning code GR
APN FALM 38 S:03 P:032 L:000B
UPID US38-1697579
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
  • Hutker Architects Architect
  • Act I Carol O'Loughlin Real Estate Real Estate Agency
  • ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.24M
Comparable Approach Comparable
$995k
Blend (final) Blend
$1.26M
Owner & transaction history
Machipscat Trail LLC · 10 yrs held
Machipscat Trail LLC
since 2016
3 recorded transactions
2016
Price N/A
2015
Price N/A
2015
$950,000
Zoning & alternative use
GR · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the GR District, the Zoning Board of Appeals finds that: a) The dwelling has been in existence as of January 1, 2000; b) There is no material change to the exterior of the existing dwelling, including architectural features; c) The size of the dwelling and the lot are suitable for the conversion; and d) All resulting rental dwelling units shall have a min…

Zone name General Residence
General category RESIDENTIAL
Zone area 174.61 ac
Top alternative use upside
Retail stores $815,000 +2.7%
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