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Property profile & analytics
OFF-MARKET
Showrooms
235 Hanover St Fall River, MA 02720-5246
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1256635
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Construction
STEEL FRAME
Total area
43,404 SF
Lot
1.36 ac (59,368 SF)
Zoning code
G
APN
FALL M:0M-16 B:0000 L:0031
UPID
US38-1256635
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. H. Michael Sefranek Dental Office
-
Hanover Dental Group: Framek H Michael DDS Dental Office
-
Vanregenmorter Jon Paul DDS Dental Office
-
Dr. Caroline Plamondon, MD Physician Medical Clinic
-
Perlman Elliot M MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
235 Hanover St LLC · 3 yrs held
235 Hanover St LLC
since 2023
Last sale
$20.2M
7 recorded transactions
Zoning & alternative use
G · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fall River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fall River 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$139,127
Tax year 2024
Assessed value
$5,811,500
Assessed 2024
Previous assessed
$5,147,600
+12.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$651,300
Assessed improvement
$5,160,200
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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
8
Total area
43,404 SF
Lot
1.36 ac (59,368 SF)
Zoning code
G
APN
FALL M:0M-16 B:0000 L:0031
UPID
US38-1256635
Jurisdiction
FALL RIVER
Zoning & alternative use
G · Fall River, MA
Zoning G · permitted uses
G · Fall River, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fall River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
8
Lot
1.36 ac
Current owner
From public records · entity-resolved
235 Hanover St LLC
Entity
Free & Clear · 3 yrs held
Mailing address
235 HANOVER ST, FALL RIVER, MA 02720-5246
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Fall Riv 235 Mp Wrk7 LLC
—
Deed
related
$332,182,500 · Citibank NA
Jan 9, 2023
$20,228,000
235 Hanover St LLC
Hpiii Providence LLC
Quit Claim Arm's Length For Ne States
—
Sep 30, 2019
$16,070,000
Hp 3 Providence LLC
Hanover Mob LLC
Quit Claim Deed
—
Mar 28, 2017
—
Fall River Jewish Home
Hanover Mob LLC
Quit Claim Deed
related
—
Jan 4, 2016
—
Hanover Medical Assoc Fr
Reback,harvey A
Quit Claim Deed
related
—
Jan 4, 2016
$3,200,000
Hanover Mob LLC
Hanover Medical Assoc
Quit Claim Arm's Length For Ne States
$5,670,000 · Harborone Bank
Aug 9, 2000
—
Hanover Medical Assoc
—
Deed Of Trust
related
$3,000,000 · Fall River Five Cents
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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