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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
359 Robeson St Fall River, MA 02720-5231
Entity Owned
4-yr Hold
Property ID
US38-1216836
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
6,538 SF
Lot
0.21 ac (8,999 SF)
Zoning code
B
APN
FALL M:0M-15 B:0000 L:0053
UPID
US38-1216836
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$560k
Owner & transaction history
Scfr LLC · 4 yrs held
Scfr LLC
since 2022
Last sale
$557,500
3 recorded transactions
Zoning & alternative use
B · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$865,000
+24.3%
Restaurant
$860,000
+23.8%
Industrial (general)
$740,000
+6.6%
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
$625,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$695,000
Current use
WAREHOUSE, STORAGE
$865,000
Change: +24% · Conversion: Difficult
RESTAURANT
$860,000
Change: +24% · Conversion: Easy
INDUSTRIAL (GENERAL)
$740,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $558k (Feb 18 2022)
Last sale anchor
$558k
Feb 18 2022
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
$86 / 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
$11,774
Tax year 2024
Assessed value
$491,800
Assessed 2024
Previous assessed
$407,500
+20.7% YoY
Effective rate
2.39%
On assessed value
Assessed land
$106,700
Assessed improvement
$385,100
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
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
5
Bathrooms
2
Total area
6,538 SF
Lot
0.21 ac (8,999 SF)
Zoning code
B
APN
FALL M:0M-15 B:0000 L:0053
UPID
US38-1216836
Jurisdiction
FALL RIVER
Zoning & alternative use
B · Fall River, MA
Zoning B · permitted uses
B · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$865,000
RESTAURANT
Est. value
$860,000
INDUSTRIAL (GENERAL)
Est. value
$740,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES Current
WAREHOUSE, STORAGE
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Scfr LLC
Entity
Mailing address
360 FAUNCE COR RD, DARTMOUTH, MA 02747-6241
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
$557,500
Scfr LLC
Carlos Frias
Quit Claim Arm's Length For Ne States
$446,000 · Baycoast Bank
Apr 20, 1990
$115,000
Carlos Frias
Melker,neil T
Grant Deed
$85,000 · Zwi Kohorn
Aug 29, 1989
—
Neil T Melker
—
Deed Of Trust
related
$60,000 · 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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