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Property profile & analytics
OFF-MARKET
Commercial land
8 Nells Way Orleans, MA 02653-3911
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0344276
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.15 ac (6,534 SF)
Zoning code
GB
APN
ORLE M:046.0 B:0014 L:0000.0
UPID
US38-0344276
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
-
To Dye For Hair Salon
-
Miracle-Ear Hearing Aid Center Hearing Aid Store Hearing Aid Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
H R Crosby · 12 yrs held
H R Crosby
since 2014
4 recorded transactions
Zoning & alternative use
GB · Orleans, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ts Located Partly in Another Municipality. § 164-3.6 Residence R. § 164-3.7 Rural Business District RB. § 164-3.8 Marine Business District MB. § 164-3.9 Limited Business District LB. § 164-3.10 General Business District GB. § 164-3.11 Village Center District VC. § 164-3.12 Industrial District I. § 164-3.13 Seashore Conservancy District SC. § 164-3.14 Conserv…
Zone name
General Business
General category
COMMERCIAL
Zone area
234.93 ac
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 Orleans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orleans 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$773
Tax year 2024
Assessed value
$120,600
Assessed 2024
Previous assessed
$120,600
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$120,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.15 ac (6,534 SF)
Zoning code
GB
APN
ORLE M:046.0 B:0014 L:0000.0
UPID
US38-0344276
Jurisdiction
ORLEANS
Zoning & alternative use
GB · Orleans, MAZoning GB · permitted uses
GB · Orleans, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ts Located Partly in Another Municipality. § 164-3.6 Residence R. § 164-3.7 Rural Business District RB. § 164-3.8 Marine Business District MB. § 164-3.9 Limited Business District LB. § 164-3.10 General Business District GB. § 164-3.11 Village Center District VC. § 164-3.12 Industrial District I. § 164-3.13 Seashore Conservancy District SC. § 164-3.14 Conservancy Districts CD. § 164-3.15 Groundwater Protection Districts. § 164-3.16 Shoreli
Zone name
General Business
General category
COMMERCIAL
Zone area
234.93 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
H R Crosby
Individual
Mailing address
15 INDUSTRY WAY, ORLEANS, MA 02653-4000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2014
—
H R Crosby
—
Deed Of Trust
related
$430,000 · First Citizens Cu
Apr 28, 2006
—
H Russell Crosby
—
Deed Of Trust
related
$350,000 · First Citizens Cu
Mar 30, 2004
—
H Russell Crosby
—
Deed Of Trust
related
$175,000 · Cape Cod Five Cent Bank
Dec 1, 1989
—
H Russell Crosby
—
Deed Of Trust
related
$516,000 · Cape Cod Five Cent Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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