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Property profile & analytics
OFF-MARKET
Commercial real estate

223 Remington Ave Fall River, MA 02720

3,474 SF 0.21 ac lot
Property ID
US38-1485133
Property summary
AI-generated overview

This exceptional 0.21-acre commercial land parcel in Fall River, Massachusetts, presents a unique investment opportunity. Located at 223 Remington Ave, 02720, this property boasts captivating waterfront views and is conveniently situated within walking distance of the brand-new South Coast commuter rail station. The site offers easy access to major roadways including Route 79, 24, and Interstate 195, and is just off Davol Street. Its prime location places it minutes from the MBTA station, local restaurants, the boardwalk, and Battleship Cove, ensuring high visibility and accessibility. The property currently includes a three-family home, the only residence on a quiet dead-end street. This existing structure features three units: two with three bedrooms and one full bath each, and a third with two bedrooms, one full bath, and a loft. Each unit includes a private front balcony offering stunning river views. The property also includes a spacious backyard, six off-street parking spaces in a paved driveway, and a detached one-car garage. This is an exceptional chance to capitalize on Fall River's thriving market and the reliable transit connection to Boston provided by the new commuter rail. The asking price is $1,100,000. The total square footage is 3,474. This property is zoned for commercial use and offers limitless potential for development.

Property profile
Verified
Property type Commercial real estate
Total area 3,474 SF
Lot 0.21 ac (9,148 SF)
UPID US38-1485133
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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