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Property profile

2 Olney St 32 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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Property summary

AI-generated overview

A retail/office suite totaling 800 square feet is located within Briarwood Plaza. The space is configured with a turn-key interior layout that includes three private offices, a reception area, and a waiting room. Luxury vinyl plank flooring is installed throughout the suite. The suite is positioned within a shopping plaza environment and provides access to client/customer parking. The interior configuration supports uses that require dedicated offices alongside a staffed reception and waiting area, such as professional services and retail-oriented functions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 2026
$4.46M
$4.01M – $4.91M
AI approach$4.38M
Submarket $/SF estimate$4.65M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$2k
Operating expenses−$21k
NOI · 1,971.64% cap applied$49k

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?
1,971.64%
$49k 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 32 Seekonk, MA 02771
County assessor Recorded deeds · 7 transfers Qualifying 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1448 Fall Riv, Seekonk, MA 02771-3741 $800,000 Jan 2026 6,000 SF
751 Fall Riv, Seekonk, MA 02771-5627 $1,745,000 Nov 2023 7,840 SF
150 Central, Seekonk, MA 02771-4144 $950,000 Jun 2023 4,662 SF
35 Highland, Seekonk, MA 02771-5805 $19,300,000 Dec 2022 107,352 SF
68 Mink, Seekonk, MA 02771-5915 $1,660,000 Aug 2021 9,727 SF
1460 Fall Riv, Seekonk, MA 02771-3737 $40,000 Oct 2019 17,507 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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