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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Gas stations
338 Quarry St, Fall River, MA 02723-1008
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0495506
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1987
Construction
STEEL FRAME
Total area
7,521 SF
Lot
0.39 ac (17,137 SF)
Zoning code
B-L
APN
FALL M:0K-07 B:0000 L:0004
UPID
US38-0495506
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
-
Tobacco LLC (Bike/Boat/Book/etc) Store
-
Old Friend Restaurant
-
Mutual Gas Gas Station
-
Lee Garden Restaurant
-
Unbank Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$655k
Owner & transaction history
Phenix & Dragon Corp · 7 yrs held
Phenix & Dragon Corp
since 2018
5 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
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$87 / 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
$25,671
Tax year 2024
Assessed value
$1,072,300
Assessed 2024
Previous assessed
$1,074,400
-0.2% YoY
Effective rate
2.39%
On assessed value
Assessed land
$390,600
Assessed improvement
$681,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
5
Total area
7,521 SF
Lot
0.39 ac (17,137 SF)
Zoning code
B-L
APN
FALL M:0K-07 B:0000 L:0004
UPID
US38-0495506
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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
5
Lot
0.39 ac
Current owner
From public records · entity-resolved
Phenix & Dragon Corp
Entity
Mailing address
3 KIRKER DR, EAST GREENWICH, RI 02818-1523
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2018
—
Phenix & Dragon Corp
Kwan & Kong LLC
Quit Claim Deed
related
$650,000 · Banknewport
Dec 4, 2009
—
Kwan&kong LLC
—
Deed Of Trust
related
$400,000 · Man Kit Kwan
Apr 10, 2008
$1,025,000
Kwan&kong LLC
Quarry Place INC
Grant Deed
$843,750 · Stoneham Savings Bank
Mar 2, 2006
—
Quarry Place INC
—
Deed Of Trust
related
$150,000 · Kristine Cornelison
Mar 10, 2005
—
Quarry Place INC
—
Deed Of Trust
related
$100,000 · Jobs For Fall River
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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