Financial
Distress signals
Property profile

2 Olney St 28B Seekonk, MA 02771

FOR LEASE
Super regional malls
Property ID
US38-1791504
35,394 SF 6.21 ac lot Built 1965
Last sale Jun 2022 · $3,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2 Olney St,Unit 28B, Seekonk, MA 02771 For Lease
$1,800/Mo 1,200 SF available
2 Olney St,Unit 28B, Seekonk, MA 02771
View Listing

Property summary

AI-generated overview

The property is a conventional restaurant/food-service space within Briarwood Plaza at 2 Olney #22 in Seekonk, Massachusetts. It provides approximately 2,000 square feet on the first floor, including a flexible open customer service area, a dedicated office, and a break room. The space includes existing food-service improvements such as kitchen equipment and a walk-in freezer, and the layout allows for possible buildout to support a future restaurant or deli concept. The suite is situated in a

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$89k
Tax billed · 2024
Assessed value$3.34M
Assessed land$1.31M
Assessed improvement$2.04M
Effective rate2.67%

Value estimate

· Sep 2026
$4.46M
$4.01M – $4.91M
AI approach$4.38M
Sales comparison$4.65M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$792
Operating expenses−$11k
NOI · 1,369.22% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$153/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$86 – $191

Cap rate analysis

How does the asset earn?
1,369.22%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LB
This district represents areas of the community distinguished by intensive commercial activities that serve the daily shopping and servic...
General categoryCOMMERCIAL
JurisdictionSEEKONK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Law Firm13.7
Building Supply12.4

Location

2 Olney St, Unit 28B Seekonk, MA 02771
County assessor Recorded deeds · 7 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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