Add Listing
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

    719 Main St Falmouth, MA 02540-3215

    • Retail space
    • 12,992 SF
    • 0.63 lot acres
    OFF-MARKET
    Last Sale
    Mar 23, 2020
    Value Estimations
    $1,645,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1103605
    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

    • Carpet Barn Carpet One Floor & Home / Carpet & Flooring Store / Hardware & Home Improvement
    • Beachside Blends / Specialty Food Shop / (Bike/Boat/Book/etc) Store
    • Carpet Barn / Carpet & Flooring Store / Hardware & Home Improvement

    Property Details for 719 Main St

    Year built
    1948
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.63 lot acres
    Property size
    12,992 SF
    Zone code
    BR
    Property type
    Retail space
    APN
    FALM 47B S:05 P:003 L:038
    APU
    FALM47BS05P003L038

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,624,000
      Market price range: $1.62M - $4.44M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,455,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6034
    Latitude
    41.5528
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,224
    $528,900
    $780,600
    $1,309,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,850,000
      13,412 SF

      417 Palmer Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,412 SF
      417 Palmer Ave, Falmouth, MA 02540-2957
      View Details
    • Value Estimation
      $3,200,000
      16,724 SF

      870 Main St

      RETAIL STORES (PERSONAL SERVICES) • 16,724 SF
      870 Main St, Falmouth, MA 02540-3676
      View Details
    • Value Estimation
      $540,000
      728 SF

      17 Walker St

      RETAIL STORES (PERSONAL SERVICES) • 728 SF
      17 Walker St, Falmouth, MA 02540-2728
      View Details
    • Value Estimation
      $510,000
      2,500 SF

      59 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      59 Locust St, Falmouth, MA 02540-2658
      View Details
    • Value Estimation
      $590,000
      2,688 SF

      743 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,688 SF
      743 Main St, Falmouth, MA 02540-3215
      View Details
    • Value Estimation
      $725,000
      4,323 SF

      322 Palmer Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,323 SF
      322 Palmer Ave, Falmouth, MA 02540-2862
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,145 SF

      Falmouth Commercial Condo Shell Unit

      Commercial condo unit (shell) in Falmouth with customization opportunity.
      100 Dillingham Ave, Falmouth, MA 02540
      View Details
    • $3,950,000
      5,099 SF

      Falmouth Retail Property For Sale

      Retail property in Falmouth, MA, fully leased to CovenientMD.
      40 Davis Straits, Falmouth, MA 02540
      View Details
    • Contact for pricing
      840 SF

      Commercial Condo Shell in Falmouth

      Commercial condo shell with build-out opportunity in a mixed-use development.
      100 Dillingham Ave, Falmouth, MA 02540
      View Details
    • Contact for pricing
      974 SF

      Customizable Commercial Condo Unit

      Shell unit with customization potential in a mixed-use development.
      100 Dillingham Ave, Falmouth, MA 02540
      View Details
    • $595,000
      2,947 SF

      Mixed-Use Commercial Building in Falmouth

      Mixed-use building in downtown Falmouth with income potential.
      346 Gifford Street Ext, Falmouth, MA 02540
      View Details
    • $380,000
      1,200 SF

      Falmouth Commercial Condo Shell Space

      New commercial condo shell in mixed-use development, customizable for office/retail.
      100 Dillingham Ave, Falmouth, MA 02540
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,395 SF

      Falmouth Retail Space with Storage

      Retail space with lower level storage and excellent visibility.
      108-112 Davis Straits, Falmouth, MA 02540
      View Details
    • Contact for pricing
      1,785 SF

      Falmouth Retail or Office Space

      1,785 SF retail or office space on Route 28.
      417-419 Palmer Ave, Falmouth, MA 02540
      View Details
    • $2,867 /Mo
      2,365 SF

      Retail Space with Offices

      Retail space featuring offices, storage, and kitchenette for rent.
      704 Main St, Falmouth, MA 02540
      View Details
    • Contact for pricing
      1,395 SF

      Retail Space on Route 28

      Retail unit with expansion potential on Route 28.
      72 Davis Straits, Falmouth, MA 02540
      View Details
    • $28 SF/Yr
      1,350 SF

      West Falmouth Commercial Unit For Lease

      Prime commercial unit in West Falmouth with high visibility.
      410 W Falmouth Hwy, West Falmouth, MA 02540
      View Details
    • $1,200 /Mo

      East Falmouth Retail Space Available

      Renovated 1,300 SF retail space for lease in Falmouth.
      180 Teaticket Hwy, Falmouth, MA 02540
      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.
    719 Main St
    Falmouth, MA 02540-3215
    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.
    Sign Up Successful!
    You now have access to more from Realmo!