Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    140 Park St Ste, Unit 4 Attleboro, MA 02703-8048

    • Office properties & Spaces
    • 999 SF
    OFF-MARKET
    Last Sale
    May 07, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1711537
    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

    • Office properties & Spaces

    Property Details for 140 Park St Ste

    Year built
    1986
    Construction
    STEEL FRAME
    Property size
    999 SF
    Property type
    Office properties & Spaces
    APN
    ATTL M:28 L:340 U:U4
    APU
    ATTLM28L340UU4

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Attleboro
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.2779
    Latitude
    41.9435
    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
    $1,837
    $0.00
    $95,600
    $95,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      858 SF

      120 Main St Ste, Unit 205

      CONDOMINIUM OFFICES • 858 SF
      120 Main St Ste, Attleboro, MA 02703-2248
      View Details
    • Value Estimation by Request
      1,239 SF

      555 Pleasant St Ste, Unit 202

      CONDOMINIUM OFFICES • 1,239 SF
      555 Pleasant St Ste, Attleboro, MA 02703-2440
      View Details
    • Value Estimation by Request
      1,201 SF

      555 Pleasant St Ste, Unit 204

      CONDOMINIUM OFFICES • 1,201 SF
      555 Pleasant St Ste, Attleboro, MA 02703-2423
      View Details
    • Value Estimation by Request
      1,008 SF

      140 Park St Ste, Unit 5

      CONDOMINIUM OFFICES • 1,008 SF
      140 Park St Ste, Attleboro, MA 02703-8048
      View Details
    • Value Estimation by Request
      945 SF

      120 Main St Ste, Unit 106

      CONDOMINIUM OFFICES • 945 SF
      120 Main St Ste, Attleboro, MA 02703-2248
      View Details
    • Value Estimation by Request
      1,316 SF

      140 Park St Ste, Unit 3

      CONDOMINIUM OFFICES • 1,316 SF
      140 Park St Ste, Attleboro, MA 02703-8048
      View Details

    Similar Nearby for Sale

    • $415,000
      2,600 SF

      Well-Maintained Office Building Near Downtown

      Signature building near downtown Attleboro with easy highway access.
      166 Bank St, Attleboro, MA 02703
      View Details
    • Contact for pricing

      Prime Retail Land Opportunity

      4-acre parcel on busy retail corridor near highway access.
      800 Washington St, Attleboro, MA 02703
      View Details
    • Contact for pricing

      Retail Land Parcel Near I-95

      Two retail land parcels totaling 0.86 acres near I-95.
      581 Washington St, Attleboro, MA 02703
      View Details
    • Contact for pricing
      15.00 Acres

      Former Retail Space in Attleboro

      Over 30,000 sqft retail space with loading docks.
      219 S Main St, Attleboro, MA 02703
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      1,500 SF

      Attleboro Industrial/Studio Space Available

      Second-floor industrial/studio space for lease in downtown Attleboro.
      46 Union St, Attleboro, MA 02703
      View Details
    • New
      $1,350 /Mo
      550 SF

      Downtown Attleboro Office Space

      Clean, spacious office space in downtown professional building for lease.
      7 Peck St, Attleboro, MA 02703
      View Details
    • Contact for pricing
      5,000 SF

      Retail/Office Space Available

      5000' retail/office space in high-traffic location.
      104 N Main St, Attleboro, MA 02703
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 Park St Ste, Unit 4
    Attleboro, MA 02703-8048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!