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Financial
Distress signals
Property profile

407 Main St Fall River, MA 02721

OFF-MARKET
Super regional malls
Property ID
US38-1574317
9,960 SF 0.71 ac lot Built 1986
Last sale May 2008 · $1
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A single-building, multi-tenant retail plaza located at 407 S Main St in Fall River, Massachusetts, configured to accommodate up to five tenants, including franchise-branded operations. The property is arranged with a customer-access parking area and includes an additional parcel at the rear of the building. The rear parcel has been discussed in connection with potential development for residential condominium units (estimated at 2–3 units) or expansion that may include added parking, subject to applicable special permit approvals and other requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value$798k
Assessed land$219k
Assessed improvement$579k
Effective rate2.39%

Value estimate

· Oct 2026
$435k
$392k – $479k
Submarket $/SF estimate$1.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$153/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$86 – $191

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
f Uses included as an attachment to this chapter (§ 86-36 ). B. Dimensional regulations. See the Table of Dimensional Regulations include...
General categoryCOMMERCIAL
JurisdictionFALL RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner10.8
Storage Facility9.9
Watch Repair Shop9.1

Location

407 Main St Fall River, MA 02721-5345
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
147 Borden, Fall River, MA 02721-2886 $612,500 May 2024 3,256 SF
167 Broadway, Fall River, MA 02721-1118 $750,000 Feb 2023 4,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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