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    Property profile & analytics

    246 Durfee St Fall River, MA 02720-2330

    • Office buildings
    • 4,941 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Jan 09, 2025
    $216,667
    Location Intelligence
    Property ID
    US38-1882571
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BayCoast Insurance / Home Insurance Agency / Auto Insurance Agency
    • Collins Commercial Real Estate / Commercial Real Estate Agency
    • Frank X Perron Insurance / Insurance Agency

    Property Details for 246 Durfee St

    Year built
    1923
    Construction
    FRAME
    Lot size
    0.48 lot acres
    Property size
    4,941 SF
    Zone code
    B-L
    Property type
    Office buildings
    APN
    FALL M:0O-13 B:0000 L:0046
    APU
    FALLM0O13B0000L0046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $170,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $165,000
      Mixed-Use
      $200,000
      Hospitality
      $165,000
      Educational
      $160,000
      Residential Income
      $175,000
      Energy
      $190,000
      Income-Based Land
      $155,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1565
    Latitude
    41.706
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,815
    $130,400
    $279,600
    $410,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      121,580 SF

      1822 Main St

      OFFICE BUILDING • 121,580 SF
      1822 Main St, Fall River, MA 02720-1348
      View Details
    • Value Estimation
      $140,000
      2,292 SF

      469 Locust St

      OFFICE BUILDING • 2,292 SF
      469 Locust St, Fall River, MA 02720-5011
      View Details
    • Value Estimation
      $340,000
      5,784 SF

      373 Main St

      OFFICE BUILDING • 5,784 SF
      373 Main St, Fall River, MA 02720-2443
      View Details
    • Value Estimation
      $235,000
      5,001 SF

      238 Main St

      OFFICE BUILDING • 5,001 SF
      238 Main St, Fall River, MA 02720-2318
      View Details
    • Value Estimation
      $455,000
      9,419 SF

      260 Main St

      OFFICE BUILDING • 9,419 SF
      260 Main St, Fall River, MA 02720-2379
      View Details
    • Value Estimation
      $380,000
      15,624 SF

      152 Main St, Unit 158

      OFFICE BUILDING • 15,624 SF
      152 Main St, Fall River, MA 02720-2107
      View Details

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    246 Durfee St
    Fall River, MA 02720-2330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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