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Property profile & analytics
OFF-MARKET
Turn key restaurants
70 Davis Straits, Falmouth, MA 02540-3910
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0934713
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
FRAME
Total area
3,116 SF
Lot
0.22 ac (9,570 SF)
Zoning code
B2
APN
FALM 39 S:22 P:011 L:021
UPID
US38-0934713
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
-
Casa Vallarta Mexican Restaurant Restaurant
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
Papantoniadis Props LLC · 12 yrs held
Papantoniadis Props LLC
since 2014
7 recorded transactions
Zoning & alternative use
B2 · 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
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
$5,540
Tax year 2024
Assessed value
$882,100
Assessed 2024
Previous assessed
$770,800
+14.4% YoY
Effective rate
0.63%
On assessed value
Assessed land
$453,800
Assessed improvement
$428,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
3,116 SF
Lot
0.22 ac (9,570 SF)
Zoning code
B2
APN
FALM 39 S:22 P:011 L:021
UPID
US38-0934713
Jurisdiction
FALMOUTH
Zoning & alternative use
B2 · Falmouth, MA
Zoning B2 · permitted uses
B2 · 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
1948
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Papantoniadis Props LLC
Entity
Mailing address
701 GAY ST, WESTWOOD, MA 02090-1732
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Papantoniadis Prop LLC
—
Deed
related
$1,200,000 · Community Credit Union Lynn
Mar 8, 2021
—
Papantoniadis Prop LLC
—
Deed
related
$600,000 · George Deligiannides
Apr 25, 2014
—
Papantoniadis Properties
—
Deed Of Trust
related
$100,000 · Vaios Papadimitriu
Apr 18, 2014
$650,000
Papantoniadis Props LLC
Scl LLC
Quit Claim Deed
$475,000 · William E Bauknecht
Jun 27, 2011
$1
Scl LLC
Meadow Neck Corp
Grant Deed
—
Jun 27, 2011
—
Scl LLC
—
Deed Of Trust
related
$1,034,500 · William E Bauknecht
Jun 9, 2006
$600,000
Scl LLC
Meadow Neck Corp
Grant Deed
$550,000 · Meadow Neck Corp
Jun 9, 2006
—
Scl LLC
—
Deed Of Trust
related
$364,000 · William E Bauknecht
—
—
Papantoniadis Properties
—
Deed Of Trust
related
$600,000 · Costas Provisions Cor
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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