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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Specialty properties
1517 Main St, Fall River, MA 02720
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0605072
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1889
Construction
FRAME
Total area
9,694 SF
Lot
0.78 ac (33,785 SF)
Zoning code
IND
APN
FALL M:0S-10 B:0000 L:0026
UPID
US38-0605072
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Antunes Realty LLC · 5 yrs held
Antunes Realty LLC
since 2020
Last sale
$1.1M
1 recorded transaction
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+130.7%
Restaurant
$1.2M
+93.3%
Auto repair, garage
$1.0M
+71.9%
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
$1,445,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,400,000
Change: +131% · Conversion: Difficult
RESTAURANT
$1,170,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,040,000
Change: +72% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$865,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$860,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$780,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.10M (Dec 1 2020)
Last sale anchor
$1.10M
Dec 1 2020
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
$129 / 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
$21,826
Tax year 2024
Assessed value
$911,700
Assessed 2024
Previous assessed
$895,600
+1.8% YoY
Effective rate
2.39%
On assessed value
Assessed land
$191,400
Assessed improvement
$720,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1889
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Units
1
Rooms
5
Bathrooms
6
Total area
9,694 SF
Lot
0.78 ac (33,785 SF)
Zoning code
IND
APN
FALL M:0S-10 B:0000 L:0026
UPID
US38-0605072
Jurisdiction
FALL RIVER
Zoning & alternative use
IND · Fall River, MA
Zoning 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
Fall River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$865,000
RETAIL STORES
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$780,000
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1889
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Buildings
1
Units
1
Rooms
5
Bathrooms
6
Lot
0.78 ac
Current owner
From public records · entity-resolved
Antunes Realty LLC
Entity
Mailing address
985 RAY ST, FALL RIVER, MA 02720-6419
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
$1,100,000
Antunes Realty LLC
Manuel Rogers&sons Funerl
Quit Claim Arm's Length For Ne States
$1,875,000 · Citizens Bank Of Rhode Island
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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