Property profile

1940 Highland Ave Fall River, MA 02720

OFF-MARKET
Turn key restaurants
Property ID
US38-0480970
1,575 SF 0.11 ac lot Built 1993
Individually Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Construction FRAME
Total area 1,575 SF
Lot 0.11 ac (5,001 SF)
Zoning code S
APN FALL M:0T-09 B:0000 L:0038
UPID US38-0480970

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1940 Highland Ave Fall River, MA 02720-4311
Fall River metro Census 642200 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$315,000
4 recorded transactions
2023
Price N/A
2007
$315,000
2007
Price N/A
2002
$52,500

Zoning & alternative use

S · Fall River, MA
Zoning description

erk to cover the cost of advertising the petition. § 86-32 Districts established; Zoning Map. A. For the purpose of this chapter, the City is hereby divided into the following districts: Single-Family Residence District…

General category RESIDENTIAL

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
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