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    Property profile & analytics

    1053 Newman Ave Seekonk, MA 02771-4431

    • Turn key restaurants
    • 2,624 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US38-0817912
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SEAKONK CHOWDER COMPANY / Restaurant / Food Manufacturer
    • Micheletti's Restaurant / Family Restaurant / Breakfast Restaurant

    Property Details for 1053 Newman Ave

    Year built
    1948
    Lot size
    0.79 lot acres
    Property size
    2,624 SF
    Zone code
    LB
    Property type
    Turn key restaurants
    APN
    SEEK M:0270 B:0000 L:00630
    APU
    SEEKM0270B0000L00630

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seekonk
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.3332
    Latitude
    41.8736
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,053
    $233,700
    $143,400
    $377,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,345,000
      1,912 SF

      4 Highland Ave

      RESTAURANT • 1,912 SF
      4 Highland Ave, Seekonk, MA 02771-5806
      View Details
    • Value Estimation
      $375,000
      3,840 SF

      74 Taunton Ave

      RESTAURANT • 3,840 SF
      74 Taunton Ave, Seekonk, MA 02771-6136
      View Details
    • Value Estimation
      $295,000
      1,278 SF

      193 Central Ave

      RESTAURANT • 1,278 SF
      193 Central Ave, Seekonk, MA 02771-4145
      View Details
    • Value Estimation by Request
      5,430 SF

      353 Highland Ave

      RESTAURANT • 5,430 SF
      353 Highland Ave, Seekonk, MA 02771-5807
      View Details
    • Value Estimation
      $325,000
      484 SF

      259 Taunton Ave

      RESTAURANT • 484 SF
      259 Taunton Ave, Seekonk, MA 02771-5230
      View Details
    • Value Estimation
      $370,000
      4,612 SF

      393 Taunton Ave

      RESTAURANT • 4,612 SF
      393 Taunton Ave, Seekonk, MA 02771-5230
      View Details

    Similar Nearby for Sale

    • $150,000

      Profitable Children's Resale Store Business

      Established children's resale store business for sale in Seekonk.
      20 Commerce Way, Seekonk, MA 02771
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    • Contact for pricing
      1,980 SF

      Retail Center on RI-MA Border

      Retail center on the RI-MA border in a densely populated area.
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      1,823 SF

      Retail Center on RI-MA Border

      Retail center on a 6-acre parcel near the RI-MA border.
      27 Central Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      40,000 SF

      Prime Seekonk Retail Center

      40,000 SF Retail Space, High Traffic
      27 Central Ave, Seekonk, MA 02771
      View Details
    • $1,450,000
      0.79 Acres

      Seekonk Commercial Property Investment

      Eight Retail Units, High Visibility Location
      1517 Newman Ave, Seekonk, MA 02771
      View Details
    • $550,000
      0.80 Acres

      Seekonk Commercial Land - $550K

      0.8-acre lot, prime commercial location.
      991 Newman Ave, Seekonk, MA 02771
      View Details

    Similar Nearby for Lease

    • $1,150,000
      2,000 SF

      Freestanding Restaurant with Drive-Thru

      2,000 SF restaurant with drive-thru, excellent visibility and signage.
      623 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      2,400 SF

      Retail Spaces Available For Rent

      Retail and restaurant spaces available in Seekonk, Massachusetts.
      120 Highland Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru Potential

      Retail spaces available with drive-thru, delivery Spring 2026.
      Seekonk, MA 02771
      View Details
    • Contact for pricing
      3,585 SF

      Prime Seekonk Retail Space

      Former Friendly's, 3,585 SF Available
      1151 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space with Drive-Thru

      2,200 SF retail space with drive-thru, available Q1 2025.
      1200 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      4,283 SF

      Retail Spaces in Seekonk, MA

      Retail and restaurant spaces available with pylon signage and signalized access.
      150 Highland Ave, Seekonk, MA 02771
      View Details

    Property Visit Statistics

    • Visits by month
      13.4k
    • Visitors by month
      6.2k
    • Avg Time on site
      8 min
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    1053 Newman Ave
    Seekonk, MA 02771-4431
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    Realmo Value Estimation

    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.

    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.

    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
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