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Property profile & analytics
OFF-MARKET
Office buildings
38 Rock St Fall River, MA 02720-3130
Entity Owned
8-yr Hold
Free & Clear
Property ID
US38-1043851
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1874
Construction
FRAME
Total area
7,480 SF
Lot
0.16 ac (6,961 SF)
Zoning code
B-L
APN
FALL M:0N-07 B:0000 L:0052
UPID
US38-1043851
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
-
The Original Fall River Party Bus Limousine Service Bus Charter
-
Raposo Rochelle Attorney Law Firm
-
The Law Office of Glenn F. Russell, Jr. Law Firm Financial Advisor
-
Phelan Shea & Raposo Law Firm
-
Phelan Hendrie Courthouse Attorney
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
Asonta LLC · 8 yrs held
Asonta LLC
since 2018
4 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
$10,486
Tax year 2024
Assessed value
$438,000
Assessed 2024
Previous assessed
$384,000
+14.1% YoY
Effective rate
2.39%
On assessed value
Assessed land
$125,000
Assessed improvement
$313,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1874
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
7
Total area
7,480 SF
Lot
0.16 ac (6,961 SF)
Zoning code
B-L
APN
FALL M:0N-07 B:0000 L:0052
UPID
US38-1043851
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
1874
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
7
Lot
0.16 ac
Current owner
From public records · entity-resolved
Asonta LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1635 MINERAL SPG AVE #12, NORTH PROVIDENCE, RI 02904-4025
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2018
$312,500
Asonta LLC
Archer Building Corp
Quit Claim Deed
—
Jun 9, 2003
—
Archer Building Corp
—
Deed Of Trust
related
$210,000 · Bank Of Fall River
Jul 1, 1992
—
Archer Bldg Corp
—
Deed Of Trust
related
$320,000 · Bank Of Fall River
Nov 4, 1988
$395,000
Archer Bldg Corp
Gorodinsky,louis
Grant Deed
$375,000 · Fall River Five Cents
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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