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Property profile & analytics
OFF-MARKET
Commercial land
238 Central St 244 Fall River, MA 02720-2206
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-0874298
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1920
Construction
WOOD FRAME
Total area
6,566 SF
Lot
0.16 ac (7,074 SF)
Zoning code
B
APN
FALL M:0N-09 B:0000 L:0002
UPID
US38-0874298
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
64 Durfee LLC · 3 yrs held
64 Durfee LLC
since 2023
Last sale
$135,000
7 recorded transactions
Zoning & alternative use
B · 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
$3,792
Tax year 2024
Assessed value
$158,400
Assessed 2024
Previous assessed
$124,100
+27.6% YoY
Effective rate
2.39%
On assessed value
Assessed land
$148,900
Assessed improvement
$9,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1920
Construction
WOOD FRAME
Heating
HOT WATER
Stories
3
Rooms
12
Bathrooms
3
Total area
6,566 SF
Lot
0.16 ac (7,074 SF)
Zoning code
B
APN
FALL M:0N-09 B:0000 L:0002
UPID
US38-0874298
Jurisdiction
FALL RIVER
Zoning & alternative use
B · Fall River, MA
Zoning B · permitted uses
B · 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
1920
Construction
WOOD FRAME
Heating
HOT WATER
Stories
3
Rooms
12
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
64 Durfee LLC
Entity
Free & Clear · 3 yrs held
Mailing address
238 CENTRAL ST #244, FALL RIVER, MA 02720-2206
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2023
$135,000
64 Durfee LLC
Chodkopwski Paul Est
Quit Claim Arm's Length For Ne States
—
Aug 5, 2020
—
64 Durfee LLC
—
Deed
related
$1,780,000 · Blue Hub Loan Fund
Jul 25, 2013
—
Paul Chodkowski
C&d INC
Quit Claim Deed
related
—
Jun 27, 2013
—
Paul Chodkowski
C&d INC
Quit Claim Deed
related
—
Mar 1, 1989
—
C & D INC
—
Deed Of Trust
related
$15,000 · Slades Ferry Trust Co
—
—
64 Durfee LLC
—
Deed Of Trust
related
—
—
—
64 Durfee LLC
—
Deed Of Trust
related
$4,700,000 · Fall River Five Cents Svgs Bk
—
—
64 Durfee LLC
—
Deed Of Trust
related
$3,968,909 · Life Ins Cmnty Inv Inititative
—
—
64 Durfee LLC
—
Deed Of Trust
related
$1,780,000 · Blue Hub Loan Fund
—
—
64 Durfee LLC
—
Deed Of Trust
related
$2,000,000 · Ntcic Ewb Main St Fun
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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