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Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Super regional malls
416 William S Canning Blvd Fall River, MA 02721-2371
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0962116
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1971
Construction
STEEL FRAME
Total area
39,282 SF
Lot
3.36 ac (146,362 SF)
Zoning code
B-L
APN
FALL M:0D-19 B:0000 L:0091
UPID
US38-0962116
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
-
FedEx Drop Box Postal Service Courier Service
-
UPS Alliance Shipping Partner Courier Service Postal Service
-
Amazon Locker - Johanna Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$4.09M
Owner & transaction history
Cea Nashua LLC · 9 yrs held
Cea Nashua LLC
since 2016
6 recorded transactions
Zoning & alternative use
B-L · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ncluded as an attachment to this chapter (§ 86-35 ). § 86-171 Central Business District (CBD). § 86-172 Mixed Use Business District (MBD). § 86-173 Neighborhood Shopping District (B-N). § 86-174 Local Business District (B-L). § 86-175 Waterfront and Transit-Oriented Development District (WTOD). § 86-176 Medical District (MD). § 86-177 (Reserved) § 86-178 Kin…
Zone name
Local Business
General category
COMMERCIAL
Zone area
48.95 ac
Top alternative use upside
Apartment house (5+ units)
$6.3M
+4.8%
Auto repair, garage
$6.2M
+3.5%
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
NEIGHBORHOOD: SHOPPING CENTER
$6,000,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,290,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,210,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,195,000
Change: -13% · Conversion: Difficult
RESTAURANT
$5,175,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±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
$104 / 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
$98,547
Tax year 2024
Assessed value
$4,116,400
Assessed 2024
Previous assessed
$4,024,600
+2.3% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,481,200
Assessed improvement
$2,635,200
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
7
Total area
39,282 SF
Lot
3.36 ac (146,362 SF)
Zoning code
B-L
APN
FALL M:0D-19 B:0000 L:0091
UPID
US38-0962116
Jurisdiction
FALL RIVER
Zoning & alternative use
B-L · Fall River, MAZoning 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
Zoning description
ncluded as an attachment to this chapter (§ 86-35 ). § 86-171 Central Business District (CBD). § 86-172 Mixed Use Business District (MBD). § 86-173 Neighborhood Shopping District (B-N). § 86-174 Local Business District (B-L). § 86-175 Waterfront and Transit-Oriented Development District (WTOD). § 86-176 Medical District (MD). § 86-177 (Reserved) § 86-178 King Philip Mills Overlay District (KPMOD). § 86-179 through § 86-200. (Reserved) § 86
Zone name
Local Business
General category
COMMERCIAL
Zone area
48.95 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.2M
WAREHOUSE, STORAGE
Est. value
$5.2M
RESTAURANT
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RESTAURANT
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
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
7
Lot
3.36 ac
Current owner
From public records · entity-resolved
Cea Nashua LLC
Entity
Mailing address
1105 MASSACHUSETTS AVE APT 2F, CAMBRIDGE, MA 02138-5207
Ownership since
2016
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
Jun 3, 2020
—
Cea Nashua LLC
—
Deed
related
$3,500,000 · Rockland Tr
Aug 22, 2016
—
Cea Nashua LLC
New Creek 2 LLC
Quit Claim Deed
related
—
Jan 17, 2012
—
New Creek 2 LLC
—
Deed Of Trust
related
$62,691,000 · Morgan Stanley Dean
Jan 17, 2012
$1
New Creek 2 LLC
Prima I LLC
Grant Deed
related
—
May 14, 2002
—
Prima 1 LLC
—
Deed Of Trust
related
$27,100,000 · Morgan Stanley Dean
—
—
Cea Nashua LLC
—
Deed Of Trust
related
$3,500,000 · Rockland Tr
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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