Financial
Distress signals
Property profile

28 Anawan St Fall River, MA 02721

FOR SALE
Manufacturing properties
Property ID
US38-1511297
56,992 SF 0.71 ac lot Built 1870
Last sale Sep 2009 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a historic mill building in Fall River located near Battleship Cove and the waterfront. It comprises approximately 68,147 square feet distributed over three above-grade levels plus a full basement, with each floor offering roughly 15,000+ square feet suitable for adaptive reuse. The building has received significant system and envelope upgrades, including a replaced roof, updated windows, plumbing, electrical system, sprinkler system, HVAC, passenger elevator, and restrooms. It

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$566k
Assessed land$154k
Assessed improvement$412k
Effective rate2.39%

Value estimate

· Sep 2026
$710k
$639k – $781k
AI approach$710k
NOI build-up
Gross scheduled income$1.86M
Vacancy & credit loss−$371k
Operating expenses−$373k
NOI · 40.73% cap applied$1.12M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$41 – $172
Qualifying comparables3

Cap rate analysis

How does the asset earn?
40.73%
$1.12M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IND
JurisdictionFALL RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.1
Hotel & Motel18.3
Wholesale Shop17.0

Location

28 Anawan St Fall River, MA 02721
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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