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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
380 4th St, Fall River, MA 02721-2824
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-2441479
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1882
Construction
FRAME
Total area
6,924 SF
Lot
0.24 ac (10,598 SF)
Zoning code
A-2
APN
FALL M:0I-15 B:0000 L:0051
UPID
US38-2441479
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$625k
Owner & transaction history
Nova Daliza · 2 yrs held
Nova Daliza
since 2024
7 recorded transactions
Zoning & alternative use
A-2 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$915,000
Current use
RESTAURANT
$910,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$785,000
Change: -14% · Conversion: Easy
RETAIL STORES
$735,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$90 / 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
$5,343
Tax year 2024
Assessed value
$223,200
Assessed 2024
Previous assessed
$223,200
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$112,400
Assessed improvement
$110,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1882
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
6,924 SF
Lot
0.24 ac (10,598 SF)
Zoning code
A-2
APN
FALL M:0I-15 B:0000 L:0051
UPID
US38-2441479
Jurisdiction
FALL RIVER
Zoning & alternative use
A-2 · Fall River, MA
Zoning A-2 · permitted uses
A-2 · 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
WAREHOUSE, STORAGE Current
Est. value
$915,000
RESTAURANT
Est. value
$910,000
INDUSTRIAL (GENERAL)
Est. value
$785,000
RETAIL STORES
Est. value
$735,000
WAREHOUSE, STORAGE Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1882
Construction
FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Nova Daliza
Individual
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
—
Nova Daliza
Fall River City Of
Redemption Deed
related
—
Nov 8, 2021
—
Joseph M Pereira
Fall River City Of
Redemption Deed
related
—
Oct 12, 2021
$175,000
Nova Daliza
John Soares
Quit Claim Arm's Length For Ne States
$140,000 · Walter King Enterpris
May 10, 2019
$50,000
John Soares
Massachusetts Comm Of
Quit Claim Deed
—
Mar 29, 2006
$205,000
Joseph M Pereira
Whynot RT
Grant Deed
$53,739 · Whynot RT
Apr 14, 2005
$1
Whynot RT
Benevides,marino A
Grant Deed
—
Apr 14, 2005
—
Whynot RT
—
Deed Of Trust
related
$150,000 · Bank Of 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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