Entity Owned 
For Sale
1 / 31
$1,100,000
70 Main St, Wellfleet, MA 02667
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1850
Construction
FRAME
Total area
8,910 SF
Lot
5.16 ac (224,770 SF)
Zoning code
CENTRA
APN
WELL M:015.0 B:0005 L:0000.0
UPID
US38-0924432
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$2.68M
Owner & transaction history
since 2025
Last sale
$2.2M
4 recorded transactions
Zoning & alternative use
CENTRA · Wellfleet, MA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.68M
Value range
$2.41M – $2.94M
±10% around blend
Estimated value / SF
$300 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$2.41M
blend $2.68M
$2.94M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,910 SF
Lot area
5.16 ac
Year built
1850
Stories
2
APN
WELL M:015.0 B:0005 L:0000.0
Zoning
CENTRA
Assessed value
$3,132,100
Annual tax
$19,684
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.91M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.07M
@ 6.5% CAP return
$1.91M
@ 7% CAP return
$1.78M
4
Sales comparison
Partial preview
Sales approach indication
$1.44M
Range $761k – $2.20M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.68M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$552
-46%
Submarket 20 sales
$552
-46%
County 592 sales
$291
+3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $300/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
4.60%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.60%
9.0%
NOI (est.)
$156k *
Last sale · Nov 2024
$2.23M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.40M
Move the market yield to see immediate price impact.
Value / SF
$381
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.10%4.60%5.10%
$141k
$3.43M
$3.06M
$2.76M
$156k
$3.81M
$3.40M
$3.06M
$172k
$4.19M
$3.73M
$3.37M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$19,684
Tax year 2020
Assessed value
$3,132,100
Assessed 2024
Previous assessed
$3,132,100
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$2,326,400
Assessed improvement
$805,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1850
Construction
FRAME
Heating
STEAM
Buildings
4
Stories
2
Total area
8,910 SF
Lot
5.16 ac (224,770 SF)
Zoning code
CENTRA
APN
WELL M:015.0 B:0005 L:0000.0
UPID
US38-0924432
Jurisdiction
WELLFLEET
Zoning & alternative use
CENTRA · Wellfleet, MAZoning CENTRA · permitted uses
CENTRA · Wellfleet, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
4
Lot
5.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CENTRA
Jurisdiction
Wellfleet, MA
Recorded code
CENTRA
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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