Entity Owned 
For Sale
1 / 42
$1,050,000
1467 S Main St, Fall River, MA 02724
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Property summary
AI-generated overview
This mixed-use commercial property is located on South Main Street with frontage on both South Main Street and Allen St., and features a shared access drive. The site includes two buildings at 1467 South Main St. and 38 Allen St., totaling 0.85 acres, and is positioned minutes from Route 195. Together, the buildings provide approximately 11,743 square feet of flexible space configured for commercial, office, industrial, and auto-related uses, with multiple drive-in bays, office suites, a loading dock, private entrance points, and on-site parking. The property is situated within a commercial area with surrounding retail and dining uses. The site is zoned B-L Limited Business District, supporting a range of commercial applications suitable for owner-occupancy, investment use, portfolio repositioning, or redevelopment.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Construction
FRAME
Total area
8,783 SF
Lot
0.47 ac (20,390 SF)
Zoning code
B-L
APN
FALL M:0G-26 B:0000 L:0049
UPID
US38-0415929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
-
Insurance Agency
-
Accounting Firm Tax Preparation
-
Hardware & Home Improvement Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$740k
Owner & transaction history
since 2022
Last sale
$660,000
1 recorded transaction
Zoning & alternative use
B-L · Fall River, MA
Zoning description
ncluded as an attachment to this chapter (§ 86-35 ). § 86-171 Central Business District (CBD). § 86-172 Mixed Use Business District (MBD). § 86-173 Neighborhood Shopping District (B-N). § 86-174 Local Business District (…
General category
COMMERCIAL
Top alternative use upside
Industrial (general)
$995,000
+20.0%
Retail stores
$935,000
+12.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 28 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$740k
Value range
$666k – $814k
±10% around blend
Estimated value / SF
$84 / SF
Confidence
High
28 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$666k
blend $740k
$814k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,783 SF
Lot area
0.47 ac
Year built
1900
Stories
2
APN
FALL M:0G-26 B:0000 L:0049
Zoning
B-L
Assessed value
$433,100
Annual tax
$10,368
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$10,368
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$831k
Weighted, 20 comps · high confidence
Evidence
28 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.6 mi away · 7,200 SF
7.6 mi away · 10,800 SF
13.7 mi away · 7,765 SF
13.8 mi away · 6,577 SF
14.0 mi away · 6,349 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$740k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 46 sales
$95
-11%
County 465 sales
$149
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $84/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+20%
vs current-use indication
Retail Stores
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 28 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.64M
Move the market yield to see immediate price impact.
Value / SF
$187
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$103k
$2.07M
$1.48M
$1.15M
$115k
$2.30M
$1.64M
$1.28M
$126k
$2.53M
$1.81M
$1.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
28 found
High confidence · county-verified
Closest comparable
$147k
1.9 mi · Jan 2026 · $16/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,368
Tax year 2024
Assessed value
$433,100
Assessed 2024
Previous assessed
$363,200
+19.2% YoY
Effective rate
2.39%
On assessed value
Assessed land
$188,000
Assessed improvement
$245,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Bathrooms
6
Total area
8,783 SF
Lot
0.47 ac (20,390 SF)
Zoning code
B-L
APN
FALL M:0G-26 B:0000 L:0049
UPID
US38-0415929
Jurisdiction
FALL RIVER
Zoning & alternative use
B-L · Fall River, MAZoning B-L · permitted uses
B-L · Fall River, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ncluded as an attachment to this chapter (§ 86-35 ). § 86-171 Central Business District (CBD). § 86-172 Mixed Use Business District (MBD). § 86-173 Neighborhood Shopping District (B-N). § 86-174 Local Business District (…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Bathrooms
6
Lot
0.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B-L
COMMERCIAL
Jurisdiction
Fall River, MA
Recorded code
B-L
Official district
B-L
Official district profile
What the municipal code says about B-L
Zoning description
ncluded as an attachment to this chapter (§ 86-35 ). § 86-171 Central Business District (CBD). § 86-172 Mixed Use Business District (MBD). § 86-173 Neighborhood Shopping District (B-N). § 86-174 Local Business District (…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-L in Fall River, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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