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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Super regional malls
1448 Fall Riv Ave, Seekonk, MA 02771-3741
Entity Owned
Free & Clear
Property ID
US38-0632161
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1986
Total area
6,000 SF
Lot
1.14 ac (49,876 SF)
Zoning code
LB
APN
SEEK M:0040 B:0000 L:00430
UPID
US38-0632161
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
-
Mulholland AUDIO VIDEO IT Consulting Firm Tech Support Center
-
Heavenly Hands Alternative Medicine Practice Spa & Massage Center
-
Nails Art Nail Salon
-
Skin and beauty by Sheba Medical Clinic Skin Care Clinic
-
OSA Aquarium Superstores & Services- Seekonk MA (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$765k
Owner & transaction history
Almeida Property Mgmt LLC
Almeida Property Mgmt LLC
since 2026
Last sale
$800,000
4 recorded transactions
Zoning & alternative use
LB · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+16.5%
Retail stores
$985,000
+7.4%
Apartment house (5+ units)
$960,000
+4.8%
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
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Current use
AUTO REPAIR, GARAGE
$1,070,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$985,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$960,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$915,000
Change: +0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$895,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$795,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $800k (Jan 7 2026)
Last sale anchor
$800k
Jan 7 2026
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
$128 / 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
$19,787
Tax year 2024
Assessed value
$742,200
Assessed 2024
Previous assessed
$742,200
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$423,600
Assessed improvement
$318,600
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
Off-Market
Year built
1986
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
6,000 SF
Lot
1.14 ac (49,876 SF)
Zoning code
LB
APN
SEEK M:0040 B:0000 L:00430
UPID
US38-0632161
Jurisdiction
SEEKONK
Zoning & alternative use
LB · Seekonk, MA
Zoning LB · permitted uses
LB · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seekonk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$985,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$960,000
OFFICE BUILDING
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$895,000
WAREHOUSE, STORAGE
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1986
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Almeida Property Mgmt LLC
Entity
Free & Clear · 0 yrs held
Mailing address
56 HERITAGE RD, SEEKONK, MA 02771-1709
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$800,000
Almeida Property Mgmt LLC
Veader Realty Seekonk LLC
Deed
—
Jan 21, 2004
$1
Veader Rlty Seekonk LLC
Veader Realty Ma LLC
Grant Deed
related
—
Nov 18, 1999
$350,000
Edward S Veader JR.
Galen Corp
Grant Deed
—
Oct 28, 1996
—
Galen Corp
—
Deed Of Trust
related
$850,000 · Citizens Savings Bank
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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