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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Auto shops
1591 Bay St, Fall River, MA 02724-1225
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-0748029
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1983
Construction
STEEL FRAME
Total area
35,980 SF
Lot
2.6 ac (113,256 SF)
Zoning code
IND
APN
FALL M:0A-18 B:0000 L:0059
UPID
US38-0748029
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
-
Carl's Collision Center Inc Auto Repair Shop
-
Carl Garcia Auto Repair Shop
-
Enterprise Rent-A-Car Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.18M
Owner & transaction history
Clc Prop LLC · 17 yrs held
Clc Prop LLC
since 2008
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$61 / 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
$47,329
Tax year 2024
Assessed value
$1,977,000
Assessed 2024
Previous assessed
$1,546,100
+27.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$330,000
Assessed improvement
$1,647,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
35,980 SF
Lot
2.6 ac (113,256 SF)
Zoning code
IND
APN
FALL M:0A-18 B:0000 L:0059
UPID
US38-0748029
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.
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
2.6 ac
Current owner
From public records · entity-resolved
Clc Prop LLC
Entity
Mailing address
7615 ARBOR LKS CT APT #427, NAPLES, FL 34112-7533
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
—
Clc Properties LLC
—
Deed
related
$500,000 · Fall River Five Cents Savings Bank
Jul 8, 2022
—
Clc Properties LLC
—
Deed
related
$250,000 · Fall River Five Cents Savings Bank
Nov 26, 2019
—
Clc Props LLC
—
Deed
related
$1,500,000 · Bank Of America
Nov 10, 2008
$1
Clc Prop LLC
Globe Street RT
Grant Deed
—
Jul 28, 2005
$920,000
Globe Street RT
J & L T
Deed
$850,000 · Fall River Five Cents
Jul 28, 2005
—
Globe Street RT
—
Deed Of Trust
related
$850,000 · Fall River Five Cents
Apr 29, 2004
—
J
—
Deed Of Trust
related
$225,000 · First Federal Savings Bank
Dec 6, 2001
—
J
—
Deed Of Trust
related
$290,000 · First Federal Savings Bank
Oct 23, 1987
—
F T H Realty Trust
—
Deed Of Trust
related
$1,750,000 · Ct Natl Bk
—
—
Clc Properties LLC
—
Deed Of Trust
related
$1,296,000 · Bank Of America
—
—
Clc Props LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of America
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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