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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Manufacturing properties
1205 Bay St Fall River, MA 02724-1203
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-1344278
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
CONCRETE
Total area
17,797 SF
Lot
1.46 ac (63,598 SF)
Zoning code
IND
APN
FALL M:0H-17 B:0000 L:0025
UPID
US38-1344278
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
-
Malatos J Ironworks General Contractor
-
MIW Corporation Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
510 LLC · 18 yrs held
510 LLC
since 2007
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.7M
+34.7%
Warehouse, storage
$2.4M
+16.6%
Restaurant
$2.3M
+16.2%
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
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
INDUSTRIAL (GENERAL)
$2,020,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,720,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,355,000
Change: +17% · Conversion: Easy
RESTAURANT
$2,345,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,895,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$1,750,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$95 / 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
$18,477
Tax year 2024
Assessed value
$771,800
Assessed 2024
Previous assessed
$676,400
+14.1% YoY
Effective rate
2.39%
On assessed value
Assessed land
$192,300
Assessed improvement
$579,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
17,797 SF
Lot
1.46 ac (63,598 SF)
Zoning code
IND
APN
FALL M:0H-17 B:0000 L:0025
UPID
US38-1344278
Jurisdiction
FALL RIVER
Zoning & alternative use
IND · Fall River, MAZoning IND · permitted uses
IND · Fall River, 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
RESTAURANT
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
1965
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
1.46 ac
Current owner
From public records · entity-resolved
510 LLC
Entity
Mailing address
1205 BAY ST, FALL RIVER, MA 02724-1203
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
—
Fiveten LLC
—
Deed
related
$1,355,200 · Baycoast Bank
May 30, 2018
—
Fiveten LLC
—
Deed
related
$1,000,000 · Rockland Tr
Aug 20, 2007
$800,000
510 LLC
Ras RT
Grant Deed
$600,000 · Ben Franklin Savings Bank
Aug 20, 2007
—
510 LLC
—
Grant Deed
related
$150,000 · Richard D Snell Tr
May 3, 2004
—
Ras RT
—
Deed Of Trust
related
$585,000 · Compass Bank For Savings
May 4, 2001
$475,000
Ras RT
Neville,franklyn B
Grant Deed
$308,000 · Slades Ferry Trust Co
—
—
Fiveten LLC
—
Deed Of Trust
related
$1,000,000 · Rockland Tr
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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