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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Manufacturing properties
481 Currant Rd, Fall River, MA 02720-4712
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1494362
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2005
Construction
STEEL FRAME
Total area
89,625 SF
Lot
4.15 ac (180,774 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0054
UPID
US38-1494362
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
-
Raw Sea Foods Inc Take-out & Catering Fish Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.54M
Owner & transaction history
Hutchens Holding LLC · 12 yrs held
Hutchens Holding LLC
since 2013
7 recorded transactions
Zoning & alternative use
INPK · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$11.9M
+16.6%
Restaurant
$11.8M
+16.2%
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
INDUSTRIAL (GENERAL)
$10,165,000
Current use
WAREHOUSE, STORAGE
$11,855,000
Change: +17% · Conversion: Easy
RESTAURANT
$11,810,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$9,535,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$8,820,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$7.54M
Range $6.78M – $8.29M · ±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
$84 / 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
$136,123
Tax year 2024
Assessed value
$5,686,000
Assessed 2024
Previous assessed
$5,372,700
+5.8% YoY
Effective rate
2.39%
On assessed value
Assessed land
$426,700
Assessed improvement
$5,259,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
7
Total area
89,625 SF
Lot
4.15 ac (180,774 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0054
UPID
US38-1494362
Jurisdiction
FALL RIVER
Zoning & alternative use
INPK · Fall River, MA
Zoning INPK · permitted uses
INPK · 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
INDUSTRIAL (GENERAL) Current
Est. value
$10.2M
WAREHOUSE, STORAGE
Est. value
$11.9M
RESTAURANT
Est. value
$11.8M
RETAIL STORES
Est. value
$9.5M
OFFICE BUILDING
Est. value
$8.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
7
Lot
4.15 ac
Current owner
From public records · entity-resolved
Hutchens Holding LLC
Entity
Mailing address
481 CURRANT RD, FALL RIVER, MA 02720-4712
Ownership since
2013
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 19, 2020
—
Hutchens Holdings LLC
—
Deed
related
$7,840,000 · Peoples United Bank
Jun 13, 2019
—
Hutchens Hldg LLC
—
Deed
related
$5,200,000 · Td Bank NA
Oct 5, 2016
—
Hutchens Hld LLC
—
Deed
related
$3,500,000 · Td Bank NA
Dec 17, 2013
—
Hutchens Holding LLC
Hutchens Holdings LLC
Quit Claim Deed
related
$2,500,000 · Td Bank NA
Sep 3, 2010
—
Hutchens Holding LLC
—
Deed Of Trust
related
$350,000 · Sovereign Bank
Feb 15, 2008
—
Hutchens Holding LLC
—
Deed Of Trust
related
$500,000 · Business Development Co Of Ri
Aug 8, 2005
—
Hutchens Holding LLC
—
Deed Of Trust
related
$300,000 · Jobs For Fall River
Aug 3, 2005
—
Hutchens Holding LLC
—
Deed Of Trust
related
$2,192,000 · Sovereign Bank
May 24, 2005
$291,957
Hutchens Hldgs LLC
Greater Fall Riv Dev Corp
Grant Deed
$2,418,000 · Sovereign Bank
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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