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Property profile & analytics
OFF-MARKET
Estimated value
$125,135,000
Office buildings
285 Oliver St, Fall River, MA 02724-2917
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0427770
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
FRAME
Total area
5,258 SF
Lot
0.56 ac (24,533 SF)
Zoning code
B-L
APN
FALL M:0G-20 B:0000 L:0035
UPID
US38-0427770
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. Ibrahim Eid Physician Hospital
-
Alejandro Lorenzana Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$125.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125.14M
Owner & transaction history
Lifespan Of Ma-fall Riv I · 1 yrs held
Lifespan Of Ma-fall Riv I
since 2024
Last sale
$125.1M
6 recorded transactions
Zoning & alternative use
B-L · 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
Method
Estimation
Statistic approach
$125,135,000
ML approach
$125,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$125.14M
Range $112.62M – $137.65M · ±10% · vs last sale $125.13M (Nov 18 2024)
Last sale anchor
$125.13M
Nov 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$23,799 / SF
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
$14,225
Tax year 2024
Assessed value
$594,200
Assessed 2024
Previous assessed
$565,900
+5.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$182,200
Assessed improvement
$412,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
7
Total area
5,258 SF
Lot
0.56 ac (24,533 SF)
Zoning code
B-L
APN
FALL M:0G-20 B:0000 L:0035
UPID
US38-0427770
Jurisdiction
FALL RIVER
Zoning & alternative use
B-L · Fall River, MA
Zoning B-L · permitted uses
B-L · 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
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
7
Lot
0.56 ac
Current owner
From public records · entity-resolved
Lifespan Of Ma-fall Riv I
Individual
Mailing address
1000 URBAN CTR DR STE #501, VESTAVIA, AL 35242-2225
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2024
$125,133,891
Lifespan Of Ma-fall Riv I
Mpt Of Fall Riv-steward L
Deed
—
Aug 6, 2018
$1,107,108
Mpt Fall
Steward Saint Annes Hosp
Quit Claim Deed
—
Mar 16, 2018
$1,000,000
Steward St Annes Hospital
Fr Realty Trust
Quit Claim Deed
$616,000,000 · Mpt Of Fall River
Aug 31, 2004
$1
F R RT
Aguiar,louis F
Grant Deed
related
—
Aug 31, 2004
—
F R RT
—
Grant Deed
related
$500,000 · Slades Ferry Trust Co
Dec 26, 1995
$628,593
Louis F Aguiar
B&b Of Fall River INC
Grant Deed
$755,000 · Fleet National Bank
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.
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