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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Auto shops
410 2nd St, Fall River, MA 02721-1940
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0449570
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
STEEL FRAME
Total area
2,800 SF
Lot
0.2 ac (8,690 SF)
Zoning code
CBD
APN
FALL M:0I-10 B:0000 L:0017
UPID
US38-0449570
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$535k
Owner & transaction history
Carvalhos Tire&auto Ctr · 4 yrs held
Carvalhos Tire&auto Ctr
since 2022
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
CBD · 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
$560,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$445,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$430,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$370,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $500k (Jan 18 2022)
Last sale anchor
$500k
Jan 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
$191 / 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
$11,522
Tax year 2024
Assessed value
$481,300
Assessed 2024
Previous assessed
$298,300
+61.3% YoY
Effective rate
2.39%
On assessed value
Assessed land
$153,600
Assessed improvement
$327,700
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
2,800 SF
Lot
0.2 ac (8,690 SF)
Zoning code
CBD
APN
FALL M:0I-10 B:0000 L:0017
UPID
US38-0449570
Jurisdiction
FALL RIVER
Zoning & alternative use
CBD · Fall River, MA
Zoning CBD · permitted uses
CBD · 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
AUTO REPAIR, GARAGE Current
Est. value
$445,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$430,000
WAREHOUSE, STORAGE
Est. value
$370,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1998
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
Carvalhos Tire&auto Ctr
Individual
Mailing address
410 2ND ST, FALL RIVER, MA 02721-1940
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2022
—
Carvalhos Tire&auto Ct
—
Deed
related
$150,000 · Robert C Fouquette
Jan 18, 2022
$500,000
Carvalhos Tire&auto Ctr
Robert C Fouquette
Quit Claim Arm's Length For Ne States
$350,000 · Rockland Trust Co
May 1, 2015
$275,000
Robert C Fouquette
Fitzgerald Joseph H & Steven
Quit Claim Deed
$250,000 · Steven Fitzgerald
Dec 6, 2012
—
Steven E Fitzgerald
—
Deed Of Trust
related
$80,000 · Elizabeth Fitzgerald
Sep 14, 1998
—
Steven E Fitzgerald
—
Deed Of Trust
related
$100,000 · Compass Bank For Savings
Jan 13, 1989
—
Portuguese American
—
Deed Of Trust
related
$120,000 · 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.
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