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Property profile & analytics
OFF-MARKET
Investment properties

8 Nells Way Orleans, MA 02653-3911

3,582 SF 0.29 ac lot Built 1984
Individually Owned Absentee Owner Free & Clear
Property ID
US38-1593510
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1984
Construction FRAME
Total area 3,582 SF
Lot 0.29 ac (12,632 SF)
Zoning code GB
APN ORLE M:046.0 B:0015 L:0000.0
UPID US38-1593510
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
H RUSSELL CROSBY
H RUSSELL CROSBY
Zoning & alternative use
GB · Orleans, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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