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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Super regional malls
167 Broadway Fall River, MA 02721-1118
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1199713
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2003
Construction
FRAME
Total area
4,200 SF
Lot
0.5 ac (21,702 SF)
Zoning code
IND
APN
FALL M:0I-03 B:0000 L:0034
UPID
US38-1199713
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
-
Papa John's Pizza Restaurant
-
Broadway Convenience Grocery & Convenience Store
-
Bitcoin Station Atm
-
Coinbridge Bitcoin ATM Atm
-
Mass Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$710k
Owner & transaction history
Broadway Real Estate LLC · 3 yrs held
Broadway Real Estate LLC
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$665,000
+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
$550,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$790,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$640,000
Current use
AUTO REPAIR, GARAGE
$665,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$555,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $750k (Feb 6 2023)
Last sale anchor
$750k
Feb 6 2023
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
$169 / 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
$16,815
Tax year 2024
Assessed value
$702,400
Assessed 2024
Previous assessed
$684,700
+2.6% YoY
Effective rate
2.39%
On assessed value
Assessed land
$323,000
Assessed improvement
$379,400
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
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
4
Total area
4,200 SF
Lot
0.5 ac (21,702 SF)
Zoning code
IND
APN
FALL M:0I-03 B:0000 L:0034
UPID
US38-1199713
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
$640,000
AUTO REPAIR, GARAGE
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
Broadway Real Estate LLC
Entity
Mailing address
167 BROADWAY, FALL RIVER, MA 02721-1118
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
—
Broadway Real Estate LLC
Fall River City Of
Redemption Deed
related
—
Dec 19, 2022
$500,000
Bhavin Patel RT
Broadway Real Estate LLC
Foreclosure
related
—
May 24, 2013
—
Broadway Real Estate LLC
—
Deed Of Trust
related
$111,000 · Khanh Duong
Apr 30, 2013
$739,000
Broadway Real Estate LLC
Duong Holdings LLC
Quit Claim Deed
$517,300 · Mechanics Capital Bank
Sep 25, 2009
—
Duong Holdings LLC
—
Deed Of Trust
related
$500,000 · Bank Of Fall River
Sep 27, 2007
$750,000
Duong Holdings LLC
167 Broadway LLC
Deed
$552,500 · Rbs Citizens NA
Jun 8, 2004
—
167 Broadway LLC
—
Deed Of Trust
related
$70,000 · Jobs For Fall River
May 5, 2003
—
167 Broadway LLC
—
Deed Of Trust
related
$70,000 · Bank Of Fall River
Nov 14, 2002
$425,000
167 Broadway LLC
T&m Realty Group LLC
Grant Deed
$540,000 · Bank Of Fall River
Feb 28, 2000
$300,000
T&m Rlty Group LLC
Slades Ferry Trust Co
Grant Deed
$185,000 · Slades Ferry Trust Co
Jun 10, 1998
$248,095
Slades Ferry Trust Co
Essex Ent RT
Grant Deed
—
Sep 11, 1991
$579,000
Essex Enterprises RT
Slades Ferry Trust Co
Grant Deed
$460,000 · Slades Ferry Trust Co
Jun 3, 1991
$550,000
Slades Ferry Trust Co
Thibault,conrad
Grant Deed
—
Jul 18, 1988
—
Conrad Thibault
—
Deed Of Trust
related
$22,913 · Zuckerman Family Nomi
Jun 19, 1987
—
Conrad R Thibault
—
Deed Of Trust
related
$725,000 · Slades Ferry Trust Co
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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