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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Commercial real estate
1385 Washington St North Attleboro, MA 02760-4517
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-1626691
Property summary
AI-generated overview
Red Rock Plaza, located at 1385 Washington St. (Rt. 1) in North Attleborough, MA, 02760, presents a prime retail opportunity. This multi-tenant property boasts exceptional visibility on a heavily trafficked Route 1, with an average daily traffic count of 22,000 vehicles. The property also benefits from proximity to Route 295, boasting an impressive ADT of 53,000. The center offers a total of 49,001 square feet of retail space, comprising 20,008 square feet on the first floor (subdividable), 22,826 square feet on the second floor, and a 6,175 square foot pad available. The property shares signalized access with a Walmart Supercenter, Lowe's, Target, Best Buy, and Dick's Sporting Goods, ensuring high consumer traffic and brand recognition. National co-tenants include Michael's, Savers, and PetSmart. Opportunities exist for branding, with facade and pylon top panel availability. A new facade is currently under construction. The property is zoned C60 (Commercial District) and includes a fully built-out restaurant space
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
11.87 ac (517,057 SF)
Zoning code
C60
APN
NATT M:0027 B:0047 L:0000
UPID
US38-1626691
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Belridge Realty Co LLC · 15 yrs held
Belridge Realty Co LLC
since 2011
1 recorded transaction
Zoning & alternative use
C60 · North Attleboro, MA
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 North Attleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Attleboro 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
by Request
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$239,299
Tax year 2020
Assessed value
$12,319,800
Assessed 2024
Previous assessed
$12,319,800
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$7,246,600
Assessed improvement
$5,073,200
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
4
Lot
11.87 ac (517,057 SF)
Zoning code
C60
APN
NATT M:0027 B:0047 L:0000
UPID
US38-1626691
Jurisdiction
NORTH ATTLEBORO
Zoning & alternative use
C60 · North Attleboro, MAZoning C60 · permitted uses
C60 · North Attleboro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
4
Lot
11.87 ac
Current owner
From public records · entity-resolved
Belridge Realty Co LLC
Entity
Mailing address
325 WOOD RD STE #202, BRAINTREE, MA 02184-2413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2011
—
Belridge Realty Co LLC
—
Deed Of Trust
related
$10,000,000 · Rockland Trust Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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