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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Super regional malls
155 Hope St Fall River, MA 02721-1438
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0900238
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2014
Construction
FRAME
Total area
9,801 SF
Lot
0.63 ac (27,460 SF)
Zoning code
B-L
APN
FALL M:0I-03 B:0000 L:0005
UPID
US38-0900238
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
-
GIGI'S LAUNDROMAT (Bike/Boat/Book/etc) Store
-
Perfect Nails Nail Salon
-
55 Gallon Drums Fall River Big Box & Wholesale Store Factory
-
China Sails Restaurant
-
Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.05M
Owner & transaction history
Broadway Prop LLC · 18 yrs held
Broadway Prop LLC
since 2007
1 recorded transaction
Zoning & alternative use
B-L · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 (B-L). § 86-175 Waterfront and Transit-Oriented Development District (WTOD). § 86-176 Medical District (MD). § 86-177 (Reserved) § 86-178 Kin…
Zone name
Local Business
General category
COMMERCIAL
Zone area
48.95 ac
Top alternative use upside
Apartment house (5+ units)
$1.6M
+4.8%
Auto repair, garage
$1.6M
+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
$1,495,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,570,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,550,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,295,000
Change: -13% · Conversion: Difficult
RESTAURANT
$1,290,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$107 / 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
$23,875
Tax year 2024
Assessed value
$997,300
Assessed 2024
Previous assessed
$997,300
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$449,200
Assessed improvement
$548,100
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
2014
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
9,801 SF
Lot
0.63 ac (27,460 SF)
Zoning code
B-L
APN
FALL M:0I-03 B:0000 L:0005
UPID
US38-0900238
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 (B-L). § 86-175 Waterfront and Transit-Oriented Development District (WTOD). § 86-176 Medical District (MD). § 86-177 (Reserved) § 86-178 King Philip Mills Overlay District (KPMOD). § 86-179 through § 86-200. (Reserved) § 86
Zone name
Local Business
General category
COMMERCIAL
Zone area
48.95 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
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
2014
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Broadway Prop LLC
Entity
Free & Clear · 18 yrs held
Mailing address
411 COLUMBIA ST, FALL RIVER, MA 02721-1545
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Oct 31, 2007
$450,000
Broadway Prop LLC
Fall River Five Cents Sb
Grant Deed
—
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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