Property profile

1624 Grand Army Hwy Somerset, MA 02726

OFF-MARKET
Retail space
Property ID
US38-0421297
4,320 SF 2.8 ac lot Built 1959
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Total area 4,320 SF
Lot 2.8 ac (121,968 SF)
Zoning code C
APN SOME M:0B8 L:0001
UPID US38-0421297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1624 Grand Army Hwy Somerset, MA 02726-1210
Somerset metro Census 644200 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$556k
Blend (final) Blend
$1.06M

Owner & transaction history

since 2021
Last sale
$800,000
2 recorded transactions
2021
$800,000
2003
$1

Zoning & alternative use

C · Somerset, MA
Top alternative use upside
Auto repair, garage $685,000 +48.6%
Neighborhood: shopping center $660,000 +43.5%
Warehouse, storage $570,000 +24.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1624 Grand Army Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message