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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Medical Office Space
725 State Hwy, Eastham, MA 02642-2572
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1766144
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
FRAME
Total area
3,808 SF
Lot
1.39 ac (60,461 SF)
Zoning code
RESIDE
APN
EAST M:0021 L:0028-J
UPID
US38-1766144
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
-
Lower Cape Veterinary Services Veterinary Clinic
-
John Kelley, DVM Veterinary Clinic
-
Kelly Preston Veterinary Clinic
-
Eric Stone Veterinary Clinic
-
Eastham Vetinary Hospltal Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$830k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Petvet Doghouse LLC · 2 yrs held
Petvet Doghouse LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
RESIDE · Eastham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$965,000
+147.9%
Commercial (general)
$710,000
+82.5%
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 Eastham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastham 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
$1,145,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$965,000
Change: +148% · Conversion: Easy
COMMERCIAL (GENERAL)
$710,000
Change: +83% · Conversion: Easy
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.35M (Nov 2 2023)
Last sale anchor
$1.35M
Nov 2 2023
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
$306 / 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
$3,700
Tax year 2024
Assessed value
$527,800
Assessed 2024
Previous assessed
$517,200
+2.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$270,600
Assessed improvement
$257,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Rooms
12
Bathrooms
2
Total area
3,808 SF
Lot
1.39 ac (60,461 SF)
Zoning code
RESIDE
APN
EAST M:0021 L:0028-J
UPID
US38-1766144
Jurisdiction
EASTHAM
Zoning & alternative use
RESIDE · Eastham, MA
Zoning RESIDE · permitted uses
RESIDE · Eastham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eastham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$710,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Rooms
12
Bathrooms
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
Petvet Doghouse LLC
Entity
Mailing address
725 STATE HWY, EASTHAM, MA 02642-2572
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
$1,350,000
Petvet Doghouse LLC
John S Kelley
Quit Claim Arm's Length For Ne States
—
Feb 21, 2020
—
John S Kelley
—
Deed
related
$75,000 · Cape Cod Five Cents Savings Bank
Jul 28, 2014
—
John S Kelley
Kelley,john S & L L
Quit Claim Deed
related
—
Jan 21, 2010
—
John S Kelley
—
Deed Of Trust
related
$320,000 · Cape Cod Five Cent Bank
May 26, 2005
—
John S Kelley
—
Deed Of Trust
related
$250,000 · Cape Cod Five Cent Bank
Mar 5, 1999
—
John S Kelley
—
Deed Of Trust
related
$217,500 · Thomas M Sykes
Dec 18, 1996
—
John S Kelley
—
Deed Of Trust
related
$214,000 · Cape Cod Five Cent Bank
Apr 27, 1990
$250,000
John S Kelley
Schneider,joachim A
Grant Deed
$140,000 · Cape Cod Five Cent Bank
—
—
John S Kelley
—
Deed Of Trust
related
$75,000 · Cape Cod Five Cents Svgs Bk
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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