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Property profile & analytics
OFF-MARKET
Retail space
297 Main St Fall River, MA 02724-3231
Individually Owned
Free & Clear
Property ID
US38-1386978
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
6,892 SF
Lot
0.3 ac (12,998 SF)
Zoning code
B-L
APN
FALL M:0G-16 B:0000 L:0042
UPID
US38-1386978
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
-
Living Stone Granite Building Supply Hardware & Home Improvement
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
Frederico J Grizotte
Frederico J Grizotte
since 2026
7 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
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
$11,891
Tax year 2024
Assessed value
$496,700
Assessed 2024
Previous assessed
$496,700
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$114,800
Assessed improvement
$381,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Units
3
Rooms
8
Bathrooms
3
Total area
6,892 SF
Lot
0.3 ac (12,998 SF)
Zoning code
B-L
APN
FALL M:0G-16 B:0000 L:0042
UPID
US38-1386978
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
1900
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Units
3
Rooms
8
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Frederico J Grizotte
Individual
Free & Clear · 0 yrs held
Mailing address
297 E MAIN ST, FALL RIVER, MA 02724-3231
Ownership since
2026
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
Jan 22, 2026
—
Frederico J Grizotte
Frederico J Grizotte
Quitclaim Deed
related
—
Nov 25, 2025
—
Frederico J Grizotte
Joao B Grizotte
Quitclaim Deed
related
$525,000 · Waban Mortgage Co
May 31, 2024
—
Grizotte Capital LLC
—
Deed
related
$332,000 · Waban Mortgage Co
Jan 18, 2011
$310,000
Joao Batista Grizotte
Almeida,antonio
Grant Deed
$290,000 · Antonio Almeida
Dec 30, 2010
$200,000
Antonio Almeida
Dacruz,joao C
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Nov 29, 2006
—
Joao C Dacruz
—
Deed Of Trust
related
$250,000 · Antonio Almeida
Jan 16, 2001
$65,000
Antonio F Alberto
Borges,antonio
Grant Deed
—
Nov 6, 1998
—
Antonio M Borges
—
Deed Of Trust
related
$160,000 · Bankboston Development Co LLC
Oct 30, 1997
$150,000
Antonio M Borges
Rodrigues,julius
Grant Deed
$135,000 · Zenon Grzybowski
Oct 30, 1997
—
Antonio M Borges
—
Deed Of Trust
related
$20,000 · Zwi Kohorn
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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