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Property profile & analytics
OFF-MARKET Estimated value $950,000
Investment properties

628 Falmouth Hwy Falmouth, MA 02540-2117

3,020 SF 0.66 ac lot Built 1900
Individually Owned 5-yr Hold
Property ID
US38-1384631
Property summary
AI-generated overview

This unique 245 sq ft commercial space is situated on a 0.66-acre lot at 628 W Falmouth Highway. The property, part of a larger building (3,020 sq ft total), offers a single-tenant occupancy within a high-traffic area. Its prime location boasts proximity to Chappoquoit Beach, a nearby Whole Foods Market, and a summer ice cream shop, ensuring high visibility and foot traffic. The unit itself features attractive hardwood floors and high ceilings, providing a pleasant and functional workspace. Ample storage is available, and a shared kitchen is included. Modern conveniences such as internet access and an electric car charging plug are available as extras. The property's Assessed Parcel Number (APN) is 24A 04 015 000. Please note that the square footage listed in the marketing materials refers to the subject unit only; the field card reflects the total building square footage. This presents a rare opportunity for a business seeking a well-located, versatile space in a desirable area. The property's unique features and convenient location make it an ideal investment for a variety of commercial uses. This is a single-suite building on a sizable lot, offering significant potential.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 3,020 SF
Lot 0.66 ac (28,859 SF)
Zoning code B3
APN FALM 24A S:04 P:015 L:000
UPID US38-1384631
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
  • Cape Lifestyle Real Estate Real Estate Agency
  • The Holistic Swan LLC Gym & Fitness Center Alternative Medicine Practice
  • Jackie Duffey Psychic Medium Spiritual Center
  • ComMen Scents Candle Company/ West Falmouth Village Candles Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$955k
CAP Approach CAP
$650k
Comparable Approach Comparable
$931k
Blend (final) Blend
$950k
Owner & transaction history
Missy Good Jeans RT · 5 yrs held
Missy Good Jeans RT
since 2021
Last sale
$960,000
7 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
2018
$960,000
2012
$1
2012
$1
2003
Price N/A
Zoning & alternative use
B3 · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $685,000 +19.7%
Office building $665,000 +16.5%
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