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Property profile & analytics
OFF-MARKET
Parking lots & garages
45 Morgan St, Fall River, MA 02721-1823
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-1441631
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1900
Construction
STEEL FRAME
Total area
17,046 SF
Lot
0.99 ac (43,172 SF)
Zoning code
CBD
APN
FALL M:0I-08 B:0000 L:0001
UPID
US38-1441631
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Morgan Street Realty LLC · 5 yrs held
Morgan Street Realty LLC
since 2020
Last sale
$5,000
3 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
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
$5,877
Tax year 2024
Assessed value
$245,500
Assessed 2024
Previous assessed
$192,000
+27.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$198,200
Assessed improvement
$47,300
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
1
Total area
17,046 SF
Lot
0.99 ac (43,172 SF)
Zoning code
CBD
APN
FALL M:0I-08 B:0000 L:0001
UPID
US38-1441631
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.
Building & site characteristics
From public records
Year built
1900
Construction
STEEL FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Morgan Street Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
408 S MAIN ST, FALL RIVER, MA 02721-5323
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2021
—
Morgan St Rlty LLC
—
Deed
related
$410,000 · Fall River Five Cents Savings Bank
Sep 14, 2020
$5,000
Morgan Street Realty LLC
Ta Restaurant INC
Quit Claim Deed
—
Apr 30, 2012
$5,000
T A Restaurant INC
Fall River City Of
Grant Deed
—
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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