Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Super regional malls
1500 Brayton Ave Fall River, MA 02721-5243
Individually Owned
35-yr Hold
~
Est. High Equity
Property ID
US38-0621985
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1988
Construction
FRAME
Total area
14,670 SF
Lot
1.77 ac (77,101 SF)
Zoning code
IND
APN
FALL M:0J-25 B:0000 L:0001
UPID
US38-0621985
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
-
Vicky Nails Nail Salon
-
All Star Barbers Barber Shop
-
Subway Take-out & Catering
-
China Express Restaurant
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$1.59M
Owner & transaction history
Messias M Pedro · 35 yrs held
Messias M Pedro
since 1991
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.4M
+4.8%
Auto repair, garage
$2.3M
+3.5%
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 Fall River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fall River 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
$2,240,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,350,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,320,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,940,000
Change: -13% · Conversion: Difficult
RESTAURANT
$1,935,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±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
$108 / 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
$38,067
Tax year 2024
Assessed value
$1,590,100
Assessed 2024
Previous assessed
$1,548,400
+2.7% YoY
Effective rate
2.39%
On assessed value
Assessed land
$443,500
Assessed improvement
$1,146,600
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
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
6
Bathrooms
8
Total area
14,670 SF
Lot
1.77 ac (77,101 SF)
Zoning code
IND
APN
FALL M:0J-25 B:0000 L:0001
UPID
US38-0621985
Jurisdiction
FALL RIVER
Zoning & alternative use
IND · Fall River, MAZoning IND · permitted uses
IND · Fall River, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$1.9M
RESTAURANT
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RESTAURANT
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
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
6
Bathrooms
8
Lot
1.77 ac
Current owner
From public records · entity-resolved
Messias M Pedro
Individual
Mailing address
1500 BRAYTON AVE, FALL RIVER, MA 02721-5243
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2023
—
M Pedro Messias
—
Deed
related
$4,500,000 · Baycoast Bank
May 23, 2016
—
Messias M Pedro
—
Deed
related
$5,300,000 · St Anne's Cu
Apr 8, 2014
—
Messias M Pedro
—
Deed Of Trust
related
$250,000 · Jobs For Fall River
Jun 5, 2001
—
Messias Pedro
—
Deed Of Trust
related
$1,959,000 · Slades Ferry Trust Co
Jan 4, 2001
—
Messias M Pedro
—
Deed Of Trust
related
$305,000 · Slades Ferry Trust Co
Apr 4, 1997
—
Messias M Pedro
—
Deed Of Trust
related
$480,000 · Slades Ferry Trust Co
Jun 21, 1991
$580,000
Messias M Pedro
Kaplan,leonard
Grant Deed
$460,000 · Slades Ferry Trust Co
Jul 27, 1990
—
Leonard Kaplan
—
Deed Of Trust
related
$5,305,000 · Durfee Attleboro Bk
—
—
Messias M Pedro
—
Deed Of Trust
related
$5,300,000 · St Anne's Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1500 Brayton Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
