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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Industrial properties
700 Bearses Way, Hyannis, MA 02601-2258
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0583296
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1967
Construction
STEEL FRAME
Total area
44,638 SF
Lot
4.11 ac (179,032 SF)
APN
HYAN M:293 L:003
UPID
US38-0583296
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Gcw23 RT · 2 yrs held
Gcw23 RT
since 2023
7 recorded transactions
Zoning & alternative use
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 Hyannis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyannis 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
by Request
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
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
$18 / 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
$41,623
Tax year 2024
Assessed value
$4,269,000
Assessed 2024
Previous assessed
$4,269,000
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$2,024,000
Assessed improvement
$2,245,000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
44,638 SF
Lot
4.11 ac (179,032 SF)
APN
HYAN M:293 L:003
UPID
US38-0583296
Jurisdiction
BARNSTABLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Bathrooms
2
Lot
4.11 ac
Current owner
From public records · entity-resolved
Gcw23 RT
Individual
Free & Clear · 2 yrs held
Mailing address
12 MARINERS LN, MASHPEE, MA 02649-4514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
—
Gcw23 RT
700 Bearses Way RT
Quitclaim Deed
related
—
Nov 20, 2019
—
700 Bearses Way RT
—
Deed
related
$2,800,000 · Cape Cod Five Cents Savings Bank
Apr 26, 2017
—
700 Bearses Way Realty Trust
—
Deed
related
$1,164,008 · Rockland Tr
Apr 12, 2011
$2,500,000
700 Bearses Way RT
Nickerson Lumber Co
Grant Deed
$2,000,000 · Bank Of Cape Cod
Nov 12, 2004
—
Nickerson Lumber Co
—
Deed Of Trust
related
$1,400,000 · Cape Cod Five Cent Bank
Oct 31, 2003
—
Nickerson Lumber Co
—
Deed Of Trust
related
$1,400,000 · Thomas M Sykes
Aug 21, 1987
—
Nickerson Lumber Co
—
Deed Of Trust
related
$1,000,000 · Thomas M Sykes
—
—
700 Bearses Way
—
Deed Of Trust
related
$2,800,000 · Cape Cod Five Cents Svgs Bk
—
—
700 Bearses Way Realty Trust
—
Deed Of Trust
related
$400,000 · Rockland Tr
—
—
700 Bearses Way Realty Trust
—
Deed Of Trust
related
$1,164,008 · Rockland Tr
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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