1475 Newman Ave Seekonk, MA 02771
- Grocery and convenience stores
- 40,734 SF
- 5.88 lot acres
Current Use by Public Records
- Stop & Shop Florist / Florist
- Stop & Shop / Grocery Store
- Western Union / Money Transfer Service
- Baker's Plaza / Shopping Mall
- Citizens Bank ATM / Atm
Property Details for 1475 Newman Ave
- Year built
- 1980
- Lot size
- 5.88 lot acres
- Property size
- 40,734 SF
- Zone code
- LB
- Property type
- Grocery and convenience stores
- APN
- SEEK M:0290 B:0000 L:0001A
- APU
- SEEKM0290B0000L0001A
Description
This exceptional 7,800 square foot retail property is ideally situated at 1475 Newman Avenue in Seekonk, Massachusetts, within Bristol County. The entire space is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual units. The property is classified as retail and offers significant potential for a variety of businesses. The building's total square footage is 7,800 square feet, providing ample space for a large-scale operation or several smaller businesses. Its location in Seekonk, MA, offers convenient access to major transportation routes and a thriving local community. This presents a rare chance to establish a strong retail presence in a desirable area. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Serious inquiries are encouraged to explore this prime retail opportunity further. The address is 1475 Newman Ave, Seekonk, MA 02771. This is a multi-tenant property with 7,800 square feet available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,910,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,305,000
- 6.5%
- $2,325,000
- 7%
- $2,155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,235,000
- Geo Method
- $2,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,600,000
- Retail
- $2,080,000
- Mixed-Use
- $2,105,000
- Hospitality
- $2,350,000
- Educational
- $2,115,000
- Residential Income
- $2,530,000
- Energy
- $2,505,000
- Income-Based Land
- $2,005,000
- Food Service
- $1,995,000
Location Insight
- Map
- Local Demand
- City
- Seekonk
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.3319
- Latitude
- 41.8877
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
