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Property profile & analytics
FOR SALE
Office buildings
1792 Pleasant St Fall River, MA 02723
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-0874845
For Sale
1 / 32
$749,900
1792 Pleasant St, Fall River, MA 02723
View Listing →
Property summary
AI-generated overview
This exceptional mixed-use property at 1792 Pleasant Street in Fall River, Massachusetts, presents a remarkable investment opportunity. Completely renovated, this seven-unit building boasts three residential units and four commercial units, all strategically located for optimal accessibility. The residential units comprise one three-bedroom unit and two two-bedroom units, all currently rented and generating consistent income. Each of the four commercial storefront units includes a convenient half-bath. Significant improvements have been made throughout the property, including a new rubber roof, updated plumbing and heating systems, brand new kitchens and bathrooms in the residential units, and a fresh exterior featuring new stucco and vinyl siding. New windows throughout enhance energy efficiency and curb appeal. Residents enjoy a newly constructed deck overlooking the yard, providing a pleasant outdoor living space. The property's electrical system has been completely modernized, with seven separate meters for electricity and gas, ensuring efficient utility management. Additional amenities include dedicated storage units and a laundry room for residential tenants equipped with coin-operated washers and dryers. Situated on a 0.14-acre lot in Bristol County, this turnkey property is conveniently located near major highways and local amenities, making it an ideal investment for immediate returns and long-term growth. The asking price is $850,000.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
6,119 SF
Lot
0.14 ac (6,303 SF)
Zoning code
B
APN
FALL M:0J-16 B:0000 L:0072
UPID
US38-0874845
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$575k
Owner & transaction history
Preferred Prop Soln LLC · 3 yrs held
Preferred Prop Soln LLC
since 2023
Last sale
$681,000
3 recorded transactions
Zoning & alternative use
B · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$935,000
+55.2%
Warehouse, storage
$810,000
+34.4%
Restaurant
$805,000
+33.9%
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
$500,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$600,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$810,000
Change: +34% · Conversion: Difficult
RESTAURANT
$805,000
Change: +34% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$695,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $681k (May 30 2023)
Last sale anchor
$681k
May 30 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
$94 / 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
$14,326
Tax year 2024
Assessed value
$598,400
Assessed 2024
Previous assessed
$349,000
+71.5% YoY
Effective rate
2.39%
On assessed value
Assessed land
$148,100
Assessed improvement
$450,300
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1900
Heating
SPACE
Buildings
1
Stories
3
Units
2
Rooms
12
Bathrooms
7
Total area
6,119 SF
Lot
0.14 ac (6,303 SF)
Zoning code
B
APN
FALL M:0J-16 B:0000 L:0072
UPID
US38-0874845
Jurisdiction
FALL RIVER
Zoning & alternative use
B · Fall River, MA
Zoning B · permitted uses
B · 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
OFFICE BUILDING Current
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$810,000
RESTAURANT
Est. value
$805,000
INDUSTRIAL (GENERAL)
Est. value
$695,000
RETAIL STORES
Est. value
$650,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1900
Heating
SPACE
Stories
3
Buildings
1
Units
2
Rooms
12
Bathrooms
7
Lot
0.14 ac
Current owner
From public records · entity-resolved
Preferred Prop Soln LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1792 PLEASANT ST, FALL RIVER, MA 02723-3024
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
$681,000
Preferred Prop Soln LLC
Cruz Alexander Realty INC
Quit Claim Arm's Length For Ne States
—
Feb 8, 2022
$750,000
Cruz Alexander Realty INC
Agostinho Ponte
Quit Claim Arm's Length For Ne States
$16,500 · Agostinho Ponte
Aug 21, 2018
$140,000
Agostinho Ponte
Arruda,arthur S
Quit Claim Deed
related
—
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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