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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1174 Washington St North Attleborough, MA 02760

    • Commercial real estate
    • 384 SF
    • 4.83 lot acres
    For Lease
    View listing
    Value Estimations
    $185,000
    Cap Rate Potential
    2.5%
    Commercial real estate
    Location Intelligence
    Property ID
    US38-1312540
    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

    • Commercial real estate

    Property Details for 1174 Washington St

    Year built
    1960
    Construction
    FRAME
    Lot size
    4.83 lot acres
    Property size
    384 SF
    Zone code
    C60
    Property type
    Commercial real estate
    APN
    NATT M:0025 B:0105 L:0000
    APU
    NATTM0025B0105L0000

    Description

    Seven Mile Shoppes offers 109,500 square feet of prime retail space in Bristol County, strategically located off I-295 and directly across from Emerald Square Mall, with easy access to I-95. This multi-tenant property currently has 39,052 square feet of vacant space available, divisible into units ranging from a minimum of 14,025 square feet to a maximum contiguous space of 25,027 square feet. The property boasts ample parking with 459 spaces available for customers and employees. Its high-visibility location and proximity to a major shopping mall make it an ideal opportunity for businesses seeking strong foot traffic and convenient access for their clientele. The flexible space options allow for a variety of retail concepts, from large-format stores to smaller boutiques. This is a unique chance to establish a presence in a thriving retail corridor with excellent accessibility and high consumer traffic. The property's size and location make it an attractive investment for businesses seeking to expand or establish a new location in a high-demand area. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $185,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $185,000
      Market price range: $38.4k - $186k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Attleboro
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.3469
    Latitude
    41.944
    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
    2020
    $41,173
    $2,439,700
    $4,123,500
    $6,563,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      87,120 SF

      640 Washington St

      Retail properties • 87,120 SF
      640 Washington St, North Attleborough, MA 02760
      View Details
    • Value Estimation
      $440,000
      3.61 Acres

      580 Kelley Blvd

      COMMERCIAL (GENERAL) • 3.61 Acres
      580 Kelley Blvd, North Attleboro, MA 02760-4184
      View Details
    • Value Estimation
      $480,000
      3.74 Acres

      633 Washington St

      COMMERCIAL (GENERAL) • 3.74 Acres
      633 Washington St, North Attleboro, MA 02760-3664
      View Details
    • Value Estimation
      $920,000
      18,711 SF

      849 Washington St

      COMMERCIAL (GENERAL) • 18,711 SF
      849 Washington St, North Attleboro, MA 02760-3617
      View Details
    • Value Estimation
      $880,000
      618 SF

      586 Kelley Blvd, Unit B

      COMMERCIAL CONDOMINUIM • 618 SF
      586 Kelley Blvd, North Attleboro, MA 02760-4127
      View Details
    • Value Estimation
      $475,000
      7,700 SF

      153 Washington St

      SHOW ROOM, WAREHOUSE • 7,700 SF
      153 Washington St, North Attleboro, MA 02760-2312
      View Details

    Similar Nearby for Sale

    • $749,900

      Three-Unit Residential Property For Sale

      Three-unit property with on-site laundry and off-street parking.
      271 North Washington St, North Attleboro, MA 02760
      View Details
    • $1,695,000
      9,760 SF

      Prime North Attleborough Mixed-Use

      9,760 SF Retail, Office, & Warehouse
      805 Washington St, North Attleborough, MA 02760
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    • Contact for pricing
      156,352 SF

      Prime Retail Space - North Attleborough

      Massive 156,352 SF Retail Space, 10.5 Acres
      1009 Washington St, North Attleborough, MA 02760
      View Details
    • $524,900

      Warehouse with Van Loading Bay

      Warehouse featuring a van loading bay, office, and bathroom.
      13 East St, North Attleboro, MA 02760
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    • $379,900
      1,800 SF

      North Attleboro Multifamily Investment Opportunity

      Two homes on one lot near schools, routes, and amenities.
      304 Elm St, North Attleboro, MA 02760
      View Details
    • $749,900
      2,546 SF

      North Attleboro Multi-Family Investment

      Spacious 3-family in prime location near transportation and amenities.
      271 N Washington St, North Attleboro, MA 02760
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      21,440 SF

      Prime North Attleborough Retail Space

      Free-standing fitness center, 10,000 SF available
      749 Washington St, North Attleborough, MA 02760
      View Details
    • Contact for pricing
      109,500 SF

      Seven Mile Shoppes Retail Center

      High-traffic retail space available.
      1174 Washington St, North Attleborough, MA 02760
      View Details
    • Contact for pricing
      87,120 SF

      Prime North Attleborough Retail Space

      Large Vacant Retail Building - 87,120 SF
      640 Washington St, North Attleborough, MA 02760
      View Details
    • $1,000 /Mo

      Retail Space on East Washington

      Retail space for lease on busy East Washington Street.
      425 East Washington 2, North Attleboro, MA 02760
      View Details
    • Contact for pricing
      14,026 SF

      Prime Retail Space, North Attleborough

      High-traffic location, multiple units available.
      110 Washington St, North Attleborough, MA 02760
      View Details
    • $2,500 /Mo
      10,000 SF

      Commercial Land For Rent

      Commercially zoned land, ideal for equipment storage and business needs.
      161 Charles St, North Attleboro, MA 02760
      View Details
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    North Attleborough, MA 02760
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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