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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Office buildings

703 Main St Falmouth, MA 02540-3215

3,538 SF 0.18 ac lot Built 1974
Entity Owned 20-yr Hold Free & Clear
Property ID
US38-1445618
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction FRAME
Total area 3,538 SF
Lot 0.18 ac (8,019 SF)
Zoning code BR
APN FALM 47B S:05 P:004 L:000
UPID US38-1445618
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
  • Engel & Völkers Falmouth Real Estate Agency
  • Foley & Co Property Management Company
  • Foley/Lamacchia Realty - Falmouth Real Estate Agency
  • Falmouth Financial Services Inc Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$806k
Blend (final) Blend
$1.02M
Owner & transaction history
Marinasforsalecom INC · 20 yrs held
Marinasforsalecom INC
since 2005
4 recorded transactions
2023
Price N/A
2005
$1
2005
$1
2005
Price N/A
Zoning & alternative use
BR · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the BR District the density of any approved proposal will not exceed 8 units per acre. (See § 240-11.6C) Nursing home N SP-Z N SP-Z Outdoor display or storage of goods and merchandise for sale Excludes similar uses as permitted in the Accessory Uses category in § 240-6.2 above. Standards listed in that category shall be considered by the Board of Appeals…

Zone name Business Redevelopment
General category COMMERCIAL
Zone area 38.67 ac
Top alternative use upside
Retail stores $800,000 +2.7%
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