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Property profile & analytics
OFF-MARKET
Estimated value
$13,405,000
Super regional malls
1 Washington St Taunton, MA 02780-5293
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0240362
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
164,658 SF
Lot
15.18 ac (661,241 SF)
Zoning code
BD5
APN
TAUN M:65 L:139 U:
UPID
US38-0240362
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
-
PeopleReady Employment Agency
-
Doshi Rushabh J DDS Dental Office
-
Fratelli's Bakery & Cafe Bakery Specialty Food Shop
-
Community Counseling of Bristol County, Inc. Crisis Center Medical Clinic
-
Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.54M
Blend (final)
Blend
$13.41M
Owner & transaction history
Mill River Professional · 10 yrs held
Mill River Professional
since 2015
7 recorded transactions
Zoning & alternative use
BD5 · Taunton, 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 Taunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taunton 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$21,780,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,430,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$13.41M
Range $12.06M – $14.75M · ±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
$81 / 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
$257,261
Tax year 2024
Assessed value
$10,487,600
Assessed 2024
Previous assessed
$9,036,000
+16.1% YoY
Effective rate
2.45%
On assessed value
Assessed land
$3,999,000
Assessed improvement
$6,488,600
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
14
Total area
164,658 SF
Lot
15.18 ac (661,241 SF)
Zoning code
BD5
APN
TAUN M:65 L:139 U:
UPID
US38-0240362
Jurisdiction
TAUNTON
Zoning & alternative use
BD5 · Taunton, MAZoning BD5 · permitted uses
BD5 · Taunton, MA
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
WAREHOUSE, STORAGE
Est. value
$21.8M
COMMERCIAL (GENERAL)
Est. value
$20.4M
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
14
Lot
15.18 ac
Current owner
From public records · entity-resolved
Mill River Professional
Individual
Mailing address
35 FAY ST UNIT 107B, BOSTON, MA 02118-4320
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
—
Mill Riv Professional Ctr
—
Deed
related
$17,000,000 · Middlesex Savings Bank
Aug 24, 2015
$150,000
Mill River Professional
Taunton Redevelopment
Grant Deed
—
May 13, 2014
—
Mill River Prof Ctr LLC
—
Deed Of Trust
related
$18,250,000 · Cib
Jul 7, 2005
—
Mill River Prof Center
—
Deed Of Trust
related
$10,200,000 · Banknorth NA
Sep 6, 2002
$4,500,000
Mill River Prof Center
1 Washington RT
Grant Deed
$3,450,000 · Southern Nh Bank & Trust
Sep 6, 2002
—
Mill River Prof Center
—
Deed Of Trust
related
$2,000,000 · Southern Nh Bank & Trust
Oct 20, 2000
—
Marlin Capital Corp
—
Deed Of Trust
related
$500,000 · Morton Property INC
Oct 20, 2000
$3,400,000
Marlin Capital Corp
Morton Prop
Grant Deed
related
$2,900,000 · Zmc Trust Et Al 2nd
Oct 13, 2000
—
Marlin Capital Co
—
Deed Of Trust
related
$2,380,000 · Zions First National Bank
Oct 2, 2000
$3,400,000
One Wahington RT
Morton Prop INC
Grant Deed
$2,900,000 · Zmc Trust Et Al 2nd
Mar 10, 1997
—
Morton Prop INC
—
Deed Of Trust
related
$2,200,000 · Bristol County Savings Bank
Mar 6, 1997
—
Morton Property INC
—
Deed Of Trust
related
$2,200,000 · Bristol County Savings Bank
Jun 21, 1996
$1,375,000
Morton Prop INC
Bre INC
Grant Deed
$1,100,000 · Zions First National Bank
May 25, 1995
$1,187,050
Bre INC
Taunton Redev Assoc
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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