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Property profile & analytics
FOR LEASE
Manufacturing properties
451 Quarry St Fall River, MA 02720
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-0515911
For Lease
1 / 12
$2,820,000
451 Quarry St, Fall River, MA 02720
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1890
Construction
FRAME
Total area
148,500 SF
Lot
6.86 ac (298,822 SF)
Zoning code
B-L
APN
FALL M:0K-28 B:0000 L:0001
UPID
US38-0515911
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
-
U.S. Bedding, Inc. Industrial Manufacturer Production Facility
-
Anchor Uniform Manufacturing, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Street T Turnpike · 19 yrs held
Street T Turnpike
since 2006
7 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
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
$19 / 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
$25,448
Tax year 2024
Assessed value
$1,063,000
Assessed 2024
Previous assessed
$1,045,000
+1.7% YoY
Effective rate
2.39%
On assessed value
Assessed land
$347,100
Assessed improvement
$715,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1890
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
4
Units
1
Bathrooms
9
Total area
148,500 SF
Lot
6.86 ac (298,822 SF)
Zoning code
B-L
APN
FALL M:0K-28 B:0000 L:0001
UPID
US38-0515911
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
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
SPACE
Stories
4
Buildings
1
Units
1
Bathrooms
9
Lot
6.86 ac
Current owner
From public records · entity-resolved
Street T Turnpike
Individual
Mailing address
451 QUARRY ST, FALL RIVER, MA 02723-1007
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
—
Turnpike Street T
—
Deed
related
$300,000 · Jobs For Fall River
Dec 31, 2020
—
Turnpike St T
—
Deed
related
$4,500,000 · Fall River Five Cents Savings Bank
Jan 10, 2018
—
Turnpike Street T
—
Deed
related
$200,000 · East West Bank
Nov 18, 2016
—
Turnpike,street Trust
—
Deed
related
$860,000 · East West Bk
Nov 10, 2006
$1,520,000
Street T Turnpike
Whaling Mfg Co INC
Grant Deed
$1,140,000 · Zions First National Bank
Feb 27, 2004
—
Whaling Mfg Co INC
—
Deed Of Trust
related
$900,000 · Bcp Bank NA
—
—
Turnpike,street Trust
—
Deed Of Trust
related
$860,000 · East West Bk
—
—
St T Turnpike
—
Deed Of Trust
related
$700,000 · Private Individual
—
—
St T Turnpike
—
Deed Of Trust
related
$300,000 · Private Individual
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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