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Property profile & analytics
OFF-MARKET
Estimated value
$37,015,000
Showrooms
1977 Fall Riv Ave, Seekonk, MA 02771-2091
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0166053
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2017
Total area
248,000 SF
Lot
75.88 ac (3,305,333 SF)
Zoning code
I
APN
SEEK M:0010 B:0000 L:00320
UPID
US38-0166053
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
-
FEDEX GROUND Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$45.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$37.02M
Owner & transaction history
Et Seekonk LLC · 5 yrs held
Et Seekonk LLC
since 2020
Last sale
$49.0M
5 recorded transactions
Zoning & alternative use
I · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$58.0M
+57.1%
Auto repair, garage
$44.1M
+19.5%
Retail stores
$40.7M
+10.1%
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 Seekonk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seekonk 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%
$48,825,000
6.5%
$45,070,000
7%
$41,850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$36,940,000
Current use
RESTAURANT
$58,045,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$44,130,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$40,690,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$39,705,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$37,885,000
Change: +3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$37,880,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$32,805,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$37.02M
Range $33.31M – $40.72M · ±10% · vs last sale $49.03M (Dec 9 2020)
Last sale anchor
$49.03M
Dec 9 2020
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
$149 / 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
$648,536
Tax year 2024
Assessed value
$24,326,200
Assessed 2024
Previous assessed
$24,326,200
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$5,413,500
Assessed improvement
$18,912,700
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2017
Heating
SPACE
Buildings
2
Stories
1
Total area
248,000 SF
Lot
75.88 ac (3,305,333 SF)
Zoning code
I
APN
SEEK M:0010 B:0000 L:00320
UPID
US38-0166053
Jurisdiction
SEEKONK
Zoning & alternative use
I · Seekonk, MA
Zoning I · permitted uses
I · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seekonk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$36.9M
RESTAURANT
Est. value
$58.0M
AUTO REPAIR, GARAGE
Est. value
$44.1M
RETAIL STORES
Est. value
$40.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$39.7M
OFFICE BUILDING
Est. value
$37.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$37.9M
WAREHOUSE, STORAGE
Est. value
$32.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Heating
SPACE
Stories
1
Buildings
2
Lot
75.88 ac
Current owner
From public records · entity-resolved
Et Seekonk LLC
Entity
Mailing address
8027 RORSYTH BLYD #1100, SAINT LOUIS, MO 63105
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$49,025,000
Et Seekonk LLC
Scannell Prop 254 LLC
Quit Claim Arm's Length For Ne States
$31,866,250 · Us Bank NA
Dec 1, 2017
—
Scannell Props 254 LLC
—
Deed
related
$28,000,000 · Miscellaneous Ins Co
Apr 29, 2016
$6,600,000
Scannell Properties 25
Cuddigan Realty INC
Quit Claim Arm's Length For Ne States
$32,040,000 · Pnc Bank NA
Jun 1, 2009
$75,000
Robert T Coelho
Cuddigan Rlty INC
Grant Deed
—
—
—
Scannell Props 254 LLC
—
Deed Of Trust
related
$28,000,000 · Miscellaneous Ins 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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