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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Office buildings
101 Jeremiah V Sullivan Dr, Fall River, MA 02721-6812
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1432264
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1894
Construction
FRAME
Total area
13,612 SF
Lot
0.45 ac (19,811 SF)
Zoning code
CBD
APN
FALL M:0N-19 B:0000 L:0014
UPID
US38-1432264
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
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.28M
Owner & transaction history
Vcr Properties LLC · 5 yrs held
Vcr Properties LLC
since 2020
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
CBD · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+55.2%
Warehouse, storage
$1.8M
+34.4%
Restaurant
$1.8M
+33.9%
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 Fall River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fall River 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
$1,710,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,340,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,080,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,800,000
Change: +34% · Conversion: Difficult
RESTAURANT
$1,795,000
Change: +34% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,545,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,450,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.30M (Dec 30 2020)
Last sale anchor
$1.30M
Dec 30 2020
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
$94 / 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
$32,800
Tax year 2024
Assessed value
$1,370,100
Assessed 2024
Previous assessed
$1,210,800
+13.2% YoY
Effective rate
2.39%
On assessed value
Assessed land
$156,800
Assessed improvement
$1,213,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1894
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
4
Bathrooms
8
Total area
13,612 SF
Lot
0.45 ac (19,811 SF)
Zoning code
CBD
APN
FALL M:0N-19 B:0000 L:0014
UPID
US38-1432264
Jurisdiction
FALL RIVER
Zoning & alternative use
CBD · Fall River, MA
Zoning CBD · permitted uses
CBD · Fall River, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fall River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
INDUSTRIAL (GENERAL)
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
1894
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
4
Bathrooms
8
Lot
0.45 ac
Current owner
From public records · entity-resolved
Vcr Properties LLC
Entity
Mailing address
101 JEREMIAH V SULLIVAN DR, FALL RIVER, MA 02721-6812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
$1,300,000
Vcr Properties LLC
101 Sullivan Dr LLC
Quit Claim Arm's Length For Ne States
$1,200,000 · Webster Bank
Jul 30, 2019
—
101 Sullivan Drive LLC
—
Deed
related
$499,000 · Bristol County Savings Bank
Dec 17, 2013
—
101 Sullivan Drive LLC
—
Deed Of Trust
related
$2,000,000 · Rockland Trust Co
Jan 6, 2005
$1
101 Sullivan Dr LLC
Cordeiro,anthony F
Grant Deed
—
May 13, 2004
—
Anthony F Cordeiro
—
Deed Of Trust
related
$792,000 · Compass Bank For Savings
Jun 10, 1997
$195,000
Anthony F Cordeiro
Professional Assoc
Grant Deed
$400,000 · Compass Bank For Savings
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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