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    Property profile & analytics

    283 Somerset Ave Taunton, MA 02780-4624

    • Retail space
    • 2,860 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US38-1104705
    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

    • Amigão Market / Grocery Store
    • Vitória Brazilian Meat Market Taunton / Supermarket

    Property Details for 283 Somerset Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,860 SF
    Zone code
    3.31
    Property type
    Retail space
    APN
    TAUN M:78 L:428 U:
    APU
    TAUNM78L428U

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $230,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $265,000
      Mixed-Use
      $210,000
      Hospitality
      $260,000
      Educational
      $250,000
      Residential Income
      $240,000
      Energy
      $245,000
      Income-Based Land
      $240,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Taunton
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.0927
    Latitude
    41.8886
    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
    $8,009
    $78,400
    $248,100
    $326,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      2,000 SF

      400 Winthrop St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      400 Winthrop St, Taunton, MA 02780-2155
      View Details
    • Value Estimation
      $355,000
      3,480 SF

      186 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 3,480 SF
      186 Broadway, Taunton, MA 02780-2548
      View Details
    • Value Estimation
      $455,000
      3,056 SF

      9 Cpe Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,056 SF
      9 Cpe Rd, Taunton, MA 02780-2703
      View Details
    • Value Estimation
      $295,000
      1,320 SF

      48 Cohannet St

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      48 Cohannet St, Taunton, MA 02780-3906
      View Details
    • Value Estimation
      $380,000
      3,066 SF

      85th Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,066 SF
      85th Main St, Taunton, MA 02780-2734
      View Details
    • Value Estimation
      $375,000
      2,880 SF

      1 Oak St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      1 Oak St, Taunton, MA 02780-3928
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Taunton Office/Retail Space for Rent

      Professionally managed office/retail space in Taunton's central business district.
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    • Contact for pricing

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      View Details
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    283 Somerset Ave
    Taunton, MA 02780-4624
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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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