8 Nells Way Orleans, MA 02653-3911
This exceptional special-purpose property, located at 8 Nells Way in Orleans, Massachusetts, presents a unique investment opportunity. The property, identified by APN 46-15-0, sits on a 0.01-acre lot and features a total building area of 3,582 square feet. Currently configured as a single-tenant occupancy, the property offers significant potential for various uses. A key feature is a 444 square foot unit situated in the lower level, providing ample space for storage and operations. This lower-level unit also includes a convenient half bath and boasts 75 feet of dedicated storage space. The property's location in Orleans, MA, zip code 02653, offers easy access to local amenities and transportation routes. The current tenant occupies the entire building and pays a monthly rent of $500, inclusive of all utilities. This presents a stable income stream for the investor, with potential for future rent increases. The property's unique layout and features make it ideal for a variety of businesses seeking a well-maintained space in a desirable location. This is a rare opportunity to acquire a special-purpose property in a thriving Massachusetts town. Further details are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Orleans, MAOrleans. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.