Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Main St Barnstable, MA 02601

    • Commercial real estate
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-2012900
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 700 Main St

    Year built
    2006
    Lot size
    0.44 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional development opportunity presents a unique chance to acquire a 0.44-acre parcel situated in the vibrant heart of Hyannis, Massachusetts. Located at 700 Main Street, this property offers unparalleled visibility and accessibility due to its dual frontage on both Main Street and North Street, ensuring high traffic and excellent exposure for any future development. The property is currently listed at $1,600,000 and presents a compelling investment prospect. Pre-approved plans are in place for a modern, 39-unit residential apartment building, designed to maximize space and functionality. The innovative design incorporates a ground-level parking garage, strategically integrated beneath the structure, providing ample and convenient parking for residents. This thoughtful design element addresses a common challenge in high-density urban development, ensuring both resident comfort and efficient use of the available land. The location within Hyannis offers proximity to a variety of amenities, including shopping, dining, and recreational opportunities, making this development highly attractive to potential tenants. This is a rare opportunity to capitalize on the strong demand for residential units in this desirable location. The existing plans provide a solid foundation for a swift and efficient development process, minimizing potential delays and maximizing return on investment. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Barnstable
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.29351
    Latitude
    41.64835

    Comparable in this City

    • $239,000

      Hyannis Industrial Condo - $239K

      Versatile 1,000 sq ft office condo.
      270 Communication Way, Barnstable, MA 02601
      View Details
    • $1,999,000
      0.43 Acres

      Hyannis Office Building Investment

      Prime Downtown Hyannis Office Space
      33 Bassett Ln, Barnstable, MA 02601
      View Details
    • $1,600,000
      1.13 Acres

      Hyannis Residential Development Land

      1.13-Acre Development Opportunity in Hyannis
      720 Main St, Barnstable, MA 02601
      View Details
    • $1,150,000

      Vacant Land in Growing Area

      Land parcel with high visibility, suitable for residential or business.
      Phinneys Ln, Hyannis, MA 02601
      View Details
    • $10,500,000
      7,434 SF

      The Offices at Shallow Pond

      Prime Cape Cod Office Portfolio
      1555 Iyannough Rd, Barnstable, MA 02601
      View Details
    • $1,950,000
      11,740 SF

      Prime Barnstable Mixed-Use Property

      11,740 SF, 3.18 Acres, 40 Parking Spaces
      749 Main St, Barnstable, MA 02601
      View Details

    Similar Nearby for Sale

    • $239,000

      Hyannis Industrial Condo - $239K

      Versatile 1,000 sq ft office condo.
      270 Communication Way, Barnstable, MA 02601
      View Details
    • $1,999,000
      0.43 Acres

      Hyannis Office Building Investment

      Prime Downtown Hyannis Office Space
      33 Bassett Ln, Barnstable, MA 02601
      View Details
    • $1,600,000
      1.13 Acres

      Hyannis Residential Development Land

      1.13-Acre Development Opportunity in Hyannis
      720 Main St, Barnstable, MA 02601
      View Details
    • $1,150,000

      Vacant Land in Growing Area

      Land parcel with high visibility, suitable for residential or business.
      Phinneys Ln, Hyannis, MA 02601
      View Details
    • $10,500,000
      7,434 SF

      The Offices at Shallow Pond

      Prime Cape Cod Office Portfolio
      1555 Iyannough Rd, Barnstable, MA 02601
      View Details
    • $1,950,000
      11,740 SF

      Prime Barnstable Mixed-Use Property

      11,740 SF, 3.18 Acres, 40 Parking Spaces
      749 Main St, Barnstable, MA 02601
      View Details

    Similar Nearby for Lease

    • $900 /Mo
      7,792 SF

      Hyannis Office Space For Rent

      Office space available in Hyannis, Massachusetts.
      1047 Falmouth Rd, Hyannis, MA 02601
      View Details
    • Contact for pricing
      17,645 SF

      Retail Space Available For Lease

      17,645 SF retail space with strong co-tenancy.
      665 Iyannough Rd, Barnstable, MA 02601
      View Details
    • Contact for pricing

      Cape Cod Mall Land Available

      2.07 AC available within the Cape Cod Mall.
      Hyannis, MA 02601
      View Details
    • $2,475 /Mo
      1,188 SF

      Prime Hyannis Retail Space Available

      1,200 sq ft retail space in meticulously maintained complex.
      11 Enterprise Rd, Hyannis, MA 02601
      View Details
    • $1,900 /Mo
      7,792 SF

      Hyannis Office Space Available

      Office space for rent in Hyannis, Massachusetts.
      1047 Falmouth Rd, Hyannis, MA 02601
      View Details
    • $1,900 /Mo

      Professional Office Space For Rent

      2,380 SF office space in dynamic commercial corridor.
      5 Mark Ln, Hyannis, MA 02601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Main St
    Barnstable, MA 02601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.