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Property profile & analytics
FOR LEASE
Super regional malls
1275 Fall River Ave Seekonk, MA 02771
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1463164
For Lease
1 / 22
$12 SF/Yr
1275 Fall River Ave, Seekonk, MA 02771
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1989
Total area
102,015 SF
Lot
17.56 ac (764,914 SF)
Zoning code
HB
APN
SEEK M:0070 B:0000 L:00380
UPID
US38-1463164
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
-
Rocky Silva's American Karate Training Center Sports School
-
Funcity Trampoline Park Seekonk, MA Family Recreation Center
-
Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
-
Spirit Halloween Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.77M
Blend (final)
Blend
$8.22M
Owner & transaction history
1275 Fall River Ave Ll · 9 yrs held
1275 Fall River Ave Ll
since 2016
7 recorded transactions
Zoning & alternative use
HB · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district includes commercial areas that serve the shopping needs of the greater regional community, and are accessible by major highways. Viability of businesses in this district depends in large part upon a large volume of vehicular traffic
Zone name
Highway Business
General category
COMMERCIAL
Zone area
552.01 ac
Source
Realmo
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 Seekonk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seekonk 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
WAREHOUSE, STORAGE
$13,495,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$8.22M
Range $7.39M – $9.04M · ±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
$81 / 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
$158,683
Tax year 2024
Assessed value
$5,952,100
Assessed 2024
Previous assessed
$5,952,100
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$2,471,300
Assessed improvement
$3,480,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1989
Heating
NONE
Buildings
4
Stories
1
Units
1
Total area
102,015 SF
Lot
17.56 ac (764,914 SF)
Zoning code
HB
APN
SEEK M:0070 B:0000 L:00380
UPID
US38-1463164
Jurisdiction
SEEKONK
Zoning & alternative use
HB · Seekonk, MAZoning HB · permitted uses
HB · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district includes commercial areas that serve the shopping needs of the greater regional community, and are accessible by major highways. Viability of businesses in this district depends in large part upon a large volume of vehicular traffic
Zone name
Highway Business
General category
COMMERCIAL
Zone area
552.01 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$13.5M
WAREHOUSE, STORAGE
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
1989
Heating
NONE
Stories
1
Buildings
4
Units
1
Lot
17.56 ac
Current owner
From public records · entity-resolved
1275 Fall River Ave Ll
Individual
Mailing address
139 FRNT ST, FALL RIVER, MA 02721-4313
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2018
—
1275 Fall River Ave Ll
—
Deed
related
$3,300,000 · Digital FCU
Jun 1, 2017
—
1275 Fall River Ave Ll
—
Deed
related
$3,300,000 · Digital FCU
May 24, 2017
—
1275 Fall River Ave Ll
—
Deed
related
$3,300,000 · Digital FCU
Nov 29, 2016
$4,260,000
1275 Fall River Ave Ll
Us Bank NA Tr
Quit Claim Arm's Length For Ne States
$3,195,000 · Digital FCU
Jan 24, 2014
$3,200,000
Us Bank NA Tr
Namco Plaza Improve LLC
Foreclosure
related
—
Sep 14, 2006
$7,650,000
Namco Plz Improvement LLC
Pic Seekonk Plaza LP
Grant Deed
$6,975,000 · Citigroup Global Markets
Nov 10, 2003
$1
Jane G Ransom
Fleet Natl Bank
Grant Deed
related
—
Nov 1, 1989
$7,200,000
Fleet Natl Bank
Fleet Natl Bank
Grant Deed
related
—
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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