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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Retail properties & Spaces
85 Lombard Ave West Barnstable, MA 02668-1334
Entity Owned
~
Est. High Equity
Property ID
US38-1317785
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
2005
Construction
FRAME
Total area
5,124 SF
Lot
5.52 ac (240,451 SF)
APN
BARN M:155 L:003001
UPID
US38-1317785
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
-
Salt Meadow Farms Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Salt Meadow Holdings LLC
Salt Meadow Holdings LLC
since 2025
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Barnstable submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Barnstable 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
$920,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$945,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: 0% · Conversion: Difficult
RESTAURANT
$560,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$525,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$520,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$485,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $600k (Dec 12 2025)
Last sale anchor
$600k
Dec 12 2025
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
$148 / 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
$6,806
Tax year 2024
Assessed value
$867,000
Assessed 2024
Previous assessed
$867,000
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$328,000
Assessed improvement
$539,000
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Rooms
3
Bathrooms
1
Total area
5,124 SF
Lot
5.52 ac (240,451 SF)
APN
BARN M:155 L:003001
UPID
US38-1317785
Jurisdiction
BARNSTABLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RESTAURANT
Est. value
$560,000
MEDICAL BUILDING
Est. value
$525,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$520,000
RETAIL STORES
Est. value
$485,000
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
3
Bathrooms
1
Lot
5.52 ac
Current owner
From public records · entity-resolved
Salt Meadow Holdings LLC
Entity
Mailing address
85 LOMBARD AVE, WEST BARNSTABLE, MA 02668-1334
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$600,000
Salt Meadow Holdings LLC
Jensen Re Holdings LLC
Deed
$480,000 · James N Jensen III
Feb 21, 2024
—
Jensen Re Holdings LLC
James N Jensen
Quit Claim Deed
related
—
Dec 29, 2021
$920,000
James N Jensen
B&e Farm T
Quit Claim Arm's Length For Ne States
$100,000 · Treats Catering Enter
Feb 19, 2013
—
B Farm
—
Deed Of Trust
related
$187,000 · Us Department Of Agriculture
Apr 30, 2003
$280,000
B Farm
Rose,diann S
Grant Deed
—
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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