$22,999,000

706 Shore Rd,Unit 706, Truro, MA 02666
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The property is a multifamily condominium campus in Truro, Massachusetts, located at 706 Shore Road and consisting of Buildings 3 and 4 on a 2.30-acre beachfront site immediately south of the Provincetown town line. It includes 25 fee-simple condominium units totaling approximately 12,885 square feet, with the condominium structure already established. Renovation history indicates that about 40% of the units were rebuilt since 2019, and the remaining units have had substantial renovations,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?

$20k

Tax billed · 2021

Assessed value · 2024$4.11M

Assessed improvement$4.11M

Effective rate0.48%

Value estimate

· Nov 2026

$160k

$144k – $176k

AI approach$160k

NOI build-up

Gross scheduled income$135k

Vacancy & credit loss−$16k

Operating expenses−$63k

NOI$57k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$291/SF

County average, outlier-cleaned · 592 recorded sales of this use type

Observed band · Q1–Q3$161 – $453

Cap rate analysis

How does the asset earn?

$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

LB BEA

JurisdictionTRURO

Location intelligence

Which uses thrive at this corner?

Best fit: Electrical Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Electrical Service8.8

Auto Repair Shop8.6

Skin Care Clinic7.6

706 Shore Rd, Unit 706 Truro, MA 02666

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

8 Highland Rde, Truro, MA 02666 $870,000 Mar 2025 2,179 SF

16 Truro Ctr, Truro, MA 02666-9800 $770,000 Mar 2025 1,860 SF

11 Truro Ctr, Truro, MA 02666 $329,000 Jul 2022 704 SF

10 Old Dewline, Truro, MA 02666 $1,685,720 Jul 2022 No data

104 Shr, Truro, MA 02666 $1,375,000 Dec 2021 2,964 SF

95 Shr, Truro, MA 02666 $525,000 May 2021 No data

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation by Request
4,516 SF

706 Shr Rd

Commercial real estate

706 Shr Rd, Truro, MA 02666

View Details
Value Estimation
$300,000

884 SF

4 Highland Rdd

COMMERCIAL CONDOMINUIM

4 Highland Rdd, Truro, MA 02666

View Details
Value Estimation
$345,000

813 SF

674 Shr Rd

COMMERCIAL (GENERAL)

674 Shr Rd, Truro, MA 02666

View Details
Value Estimation
$200,000

18.68 Acres

46 Highland Rd

COMMERCIAL (GENERAL)

46 Highland Rd, Truro, MA 02666

View Details
Value Estimation
$995,000

8,000 SF

2 Shr Rd

SHOW ROOM, WAREHOUSE

2 Shr Rd, Truro, MA 02666

View Details
Value Estimation
$230,000

1.01 Acres

296 Rte 6th 6

COMMERCIAL (GENERAL)

296 Rte 6th 6, Truro, MA 02666

View Details

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706 Shore Rd 706 Truro, MA 02666

Property summary