Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1151 Robeson St unit 2 Fall River, MA 02720

    View on Map
    For Lease
    $21 SF/Yr

    COMMERCIAL - Fall River, MA

    Lot size:
    0.75 Acres
    Added:
    Nov 11, 2025
    Days on Market:
    141
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 1151 Robeson St unit 2

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    G
    Standard status
    Active
    APN
    M:0P04 B:0000 L:0018,4898256
    Lot size
    0.75 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    42813

    Building Details

    Year built
    1901

    We can help!

    Listing Contact
    Clifford Ponte

    Listing agent Clifford Ponte

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date Nov 11, 2025

    MLS# 73453599

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space for Lease

    This state-of-the-art medical/professional office space is available for lease in a prime location. Designed to meet the needs of healthcare or general professional practices, the facility offers a modern and welcoming environment for staff, patients, and clients. Located on the 2nd floor, the unit features a large waiting room and a spacious floor plan. The thoughtfully designed space layout includes large offices, consultation space, administration space, and ample storage. The unit and the entire building provide a welcoming environment. Situated in the historic Fall River Highlands, the property offers convenient access to major highways and is located next to other medical facilities. The lot size is 0.75 acres. The property is zoned G and located in Bristol County, Massachusetts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Timothy Hartshorn Physician Highland Nutrition & Fitness Gym & Fitness Center Ageless Body Sculpting ... Physician Dr. Richard N. ... Physician Labcorp Blood Testing Service

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.140316
    Latitude
    41.714772

    Nearby Similar for Lease

    • Contact for pricing

      Fall River Storefront/Office Space

      Storefront or office space in Fall River's CBD zoning.
      201 S Main St, Fall River, MA 02721
      View Details
    • Contact for pricing

      Fall River Retail Space Available

      Retail space for rent in Fall River, Massachusetts.
      1433 So Main St unit: 2, Fall River, MA 02724
      View Details
    • $16/mo

      Unique Industrial-Style Office/Flex Space

      Versatile 5,640 SF space near Plymouth St. exit.
      101 Front St, Fall River, MA
      View Details
    • Contact for pricing

      Retail Space Near I-95 Exit

      Retail space with high visibility and accessibility near I-95.
      130 Plymouth Ave, Fall River, MA
      View Details
    • Contact for pricing

      Medical Office & Flex Space

      First-class office and flex/industrial units available for lease.
      221 Weaver St, Fall River, MA
      View Details
    • Contact for pricing

      Prime Retail Location off I-95

      High-visibility retail space near I-95 and major retailers.
      91 Wordell St, Fall River, MA
      View Details
    • Contact for pricing

      Fall River Shopping Center Space

      Retail space available now in Fall River shopping center.
      35-181 Mariano Bishop Blvd, Fall River, MA
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 3,550 to 12,780 SqFt.
      933 Pleasant St, Fall River, MA 02723
      View Details
    • Contact for pricing

      Retail Space in Grocery Anchored Center

      Retail space available in Fall River, MA, anchored by Aldi.
      455 William S Canning Blvd, Fall River, MA
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease with parking.
      439 Bedford St, Fall River, MA
      View Details
    • Contact for pricing

      Retail Space Near I-195

      Proposed 20,700 SF retail building with high visibility.
      130-150 Plymouth Ave, Fall River, MA
      View Details
    • Contact for pricing

      Fall River Office Space Available

      Professional office space for lease in Fall River, MA.
      82 Hartwell St, Fall River, MA
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Modern medical/professional office space in historic Fall River Highlands.
    Where is this medical office space located?
    The property is located at 1151 Robeson St unit 2 Fall River, MA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Prime location in the Historic Fall River Highlands.; State‑of‑the‑art medical/professional office space.; Spacious floor plan with large waiting room.
    (508) 677-3233
    We can help!
    Listing Contact
    Clifford Ponte
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!