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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Super regional malls
20 Commerce Way Seekonk, MA 02771-5823
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1699591
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2003
Total area
31,010 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HB
APN
SEEK M:0070 B:0000 L:03310
UPID
US38-1699591
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
-
Dr. Anna Wong Medical Clinic
-
Awaken180° Weightloss - Seekonk, MA Weight Loss Service Nutritionist
-
Naji Saif M DDS Dental Office
-
Shred Nations Recycling Center Waste Management Facility
-
Nahed Lakkis Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.48M
Owner & transaction history
20 Commerce LLC · 12 yrs held
20 Commerce LLC
since 2014
5 recorded transactions
Zoning & alternative use
HB · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district includes commercial areas that serve the shopping needs of the greater regional community, and are accessible by major highways. Viability of businesses in this district depends in large part upon a large volume of vehicular traffic
Zone name
Highway Business
General category
COMMERCIAL
Zone area
552.01 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$5.5M
+16.5%
Retail stores
$5.1M
+7.4%
Apartment house (5+ units)
$5.0M
+4.8%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,735,000
Current use
AUTO REPAIR, GARAGE
$5,520,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$5,090,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,965,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$4,735,000
Change: +0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,620,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$4,100,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10%
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
$112 / 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
$97,618
Tax year 2024
Assessed value
$3,661,600
Assessed 2024
Previous assessed
$3,661,600
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$894,800
Assessed improvement
$2,766,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
31,010 SF
Lot
2.44 ac (106,286 SF)
Zoning code
HB
APN
SEEK M:0070 B:0000 L:03310
UPID
US38-1699591
Jurisdiction
SEEKONK
Zoning & alternative use
HB · Seekonk, MAZoning HB · permitted uses
HB · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district includes commercial areas that serve the shopping needs of the greater regional community, and are accessible by major highways. Viability of businesses in this district depends in large part upon a large volume of vehicular traffic
Zone name
Highway Business
General category
COMMERCIAL
Zone area
552.01 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$5.5M
RETAIL STORES
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
OFFICE BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2003
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
20 Commerce LLC
Entity
Mailing address
101 PLN ST STE, PROVIDENCE, RI 02903-4829
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Jul 2, 2014
$3,400,000
20 Commerce LLC
John J Mchale&sons INC
Quit Claim Deed
$2,587,500 · Rockland Tr
May 5, 2003
—
John J Mchale & Sons INC
—
Deed Of Trust
related
$1,100,000 · Bristol County Savings Bank
Mar 29, 2001
—
John J Michale
—
Deed Of Trust
related
$600,000 · Bristol County Savings Bank
Jun 28, 1989
—
John J Mchale
—
Deed Of Trust
related
$500,000 · Zions First National Bank
Sep 21, 1988
$76,390
John J Mchale
Fox,jack H
Grant Deed
—
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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