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    Property profile & analytics

    1059 Main St Fall River, MA 02724-2821

    • Office buildings
    • 1,284 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Oct 13, 2021
    $175,000
    Location Intelligence
    Property ID
    US38-1795708
    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

    • Ainsworth Kevin D / Insurance Attorney
    • Anchor Point Counseling / Establishment
    • Barrett Jr James H / Attorney

    Property Details for 1059 Main St

    Year built
    1985
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    1,284 SF
    Zone code
    B-L
    Property type
    Office buildings
    APN
    FALL M:0G-18 B:0000 L:0034
    APU
    FALLM0G18B0000L0034

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $200,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $165,000
      Mixed-Use
      $185,000
      Hospitality
      $200,000
      Educational
      $225,000
      Residential Income
      $210,000
      Energy
      $195,000
      Income-Based Land
      $210,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1665
    Latitude
    41.6905
    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
    $4,070
    $61,500
    $108,500
    $170,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      2,509 SF

      154 Rhode Is Ave

      OFFICE BUILDING • 2,509 SF
      154 Rhode Is Ave, Fall River, MA 02724-3623
      View Details
    • Value Estimation
      $360,000
      4,449 SF

      210 Rhode Is Ave, Unit 230

      OFFICE BUILDING • 4,449 SF
      210 Rhode Is Ave, Fall River, MA 02724-3516
      View Details
    • Value Estimation
      $295,000
      6,308 SF

      1313 Main St

      OFFICE BUILDING • 6,308 SF
      1313 Main St, Fall River, MA 02724-2705
      View Details
    • Value Estimation
      $195,000
      737 SF

      783 Globe St

      OFFICE BUILDING • 737 SF
      783 Globe St, Fall River, MA 02724-3251
      View Details
    • Value Estimation
      $220,000
      3,960 SF

      1495 Plymouth Ave

      OFFICE BUILDING • 3,960 SF
      1495 Plymouth Ave, Fall River, MA 02724-3621
      View Details
    • Value Estimation
      $245,000
      1,773 SF

      245 Rhode Is Ave

      OFFICE BUILDING • 1,773 SF
      245 Rhode Is Ave, Fall River, MA 02724-3526
      View Details

    Similar Nearby for Sale

    • $419,900

      Fall River Commercial Building For Sale

      Commercial building in Fall River with versatile space and parking.
      256 Rhode Island Ave, Fall River, MA 02724
      View Details
    • $3,250,000
      293,137 SF

      Industrial Mill with Redevelopment Potential

      293,137 SF mill on 10.856 acres near commuter rail.
      110 Chace St, Fall River, MA 02724
      View Details
    • $595,000

      Well-Maintained Three-Family Home

      Three-family home with backyard, deck, and ample parking.
      82 Montaup St, Fall River, MA 02724
      View Details
    • $1,625,000

      Mixed-Use Property in Fall River

      Well-maintained mixed-use property with apartments and storefronts in Fall River.
      1273-1279 S Main St, Fall River, MA 02724
      View Details
    • $1,300,000

      Mixed-Use Commercial Opportunity

      Two buildings totaling 11,743 SF on 0.85 acres.
      1467 S Main St, Fall River, MA 02724
      View Details
    • $410,000
      Pending

      Fall River Two-Family Home

      Two-family home with off-street parking and expansion potential.
      31 Barker St, Fall River, MA 02724
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr

      Tuscan Building Office Space

      Affordable office space with reception area and break room.
      145 Globe St, Fall River, MA 02724
      View Details
    • $1,200 /Mo

      High-Visibility Retail Space Available

      Ground-level retail space on a busy corner with high traffic.
      233 East Main St, Fall River, MA 02724
      View Details
    • $2,000 /Mo

      Retail Space in Fall River

      800 sq ft retail space suitable for various businesses.
      362 Sprague St, Fall River, MA 02724
      View Details
    • $1,800 /Mo
      1,200 SF

      Fall River Commercial Retail Space

      Retail space for lease in Fall River, Massachusetts.
      1433 So Main St, Fall River, MA 02724
      View Details
    • $9 SF/Yr

      Commercial Space with High Ceilings

      6,500 sqft commercial space for lease with extension options.
      1533 South Main St, Fall River, MA 02724
      View Details
    • New
      $4,000 /Mo
      4,792 SF

      Fall River Commercial Leasing Opportunity

      Versatile building ideal for contractors, trades, light industrial, storage.
      593 Montaup St, Fall River, MA 02724
      View Details

    Property Visit Statistics

    • Visits by month
      28.6k
    • Visitors by month
      10.4k
    • Avg Time on site
      4 min
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    Fall River, MA 02724-2821
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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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