Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    520 Miller St Seekonk, MA 02771-1921

    • Investment properties
    • 2,216 SF
    • 0.80 lot acres
    OFF-MARKET
    Last Sale
    Jun 18, 2024
    $1
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1447032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 520 Miller St

    Year built
    1978
    Lot size
    0.80 lot acres
    Property size
    2,216 SF
    Zone code
    R4
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SEEK M:0050 B:0000 L:00100
    APU
    SEEKM0050B0000L00100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seekonk
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.2956
    Latitude
    41.8059
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $176,500
    $306,600
    $483,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      988 SF

      255 Davis St

      OFFICE/RESIDENTIAL (MIXED USE) • 988 SF
      255 Davis St, Seekonk, MA 02771-1420
      View Details
    • Value Estimation by Request
      3,806 SF

      370 Taunton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,806 SF
      370 Taunton Ave, Seekonk, MA 02771-5245
      View Details
    • Value Estimation by Request
      2,725 SF

      34 Clara St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,725 SF
      34 Clara St, Seekonk, MA 02771-3905
      View Details
    • Value Estimation by Request
      1,293 SF

      700 County St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,293 SF
      700 County St, Seekonk, MA 02771-3330
      View Details
    • Value Estimation by Request
      1,411 SF

      651 Fall Riv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,411 SF
      651 Fall Riv Ave, Seekonk, MA 02771-5620
      View Details
    • Value Estimation by Request
      2,135 SF

      1655 Fall Riv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,135 SF
      1655 Fall Riv Ave, Seekonk, MA 02771-2040
      View Details

    Similar Nearby for Sale

    • $1,450,000
      0.79 Acres

      Seekonk Commercial Property Investment

      Eight Retail Units, High Visibility Location
      1517 Newman Ave, Seekonk, MA 02771
      View Details
    • $550,000
      0.80 Acres

      Seekonk Commercial Land - $550K

      0.8-acre lot, prime commercial location.
      991 Newman Ave, Seekonk, MA 02771
      View Details
    • $204,900

      Industrial Zoned Land Parcel

      14 acre parcel with 2 buildable acres.
      Perrin Ave North, Seekonk, MA 02771
      View Details
    • $139,000

      Land with Development Potential

      Square lot with development potential, wetlands approval.
      Patterson St, Seekonk, MA 02771
      View Details
    • $150,000

      Profitable Children's Resale Store Business

      Established children's resale store business for sale in Seekonk.
      20 Commerce Way, Seekonk, MA 02771
      View Details
    • Contact for pricing
      40,000 SF

      Prime Seekonk Retail Center

      40,000 SF Retail Space, High Traffic
      27 Central Ave, Seekonk, MA 02771
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Seekonk Commercial Land For Lease

      16 Acres, 35,000 sqft potential
      1300 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      2,400 SF

      Retail Spaces Available For Rent

      Retail and restaurant spaces available in Seekonk, Massachusetts.
      120 Highland Ave, Seekonk, MA 02771
      View Details
    • $1,150,000
      2,000 SF

      Freestanding Restaurant with Drive-Thru

      2,000 SF restaurant with drive-thru, excellent visibility and signage.
      623 Fall River Ave, Seekonk, MA 02771
      View Details
    • $16 SF/Yr
      7,200 SF

      Seekonk Warehouse with Loading Docks

      7,200 SF warehouse with loading docks for lease.
      1882 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      107,927 SF

      Seekonk Retail Center - Route 6

      High-traffic retail space, two pads available.
      1110 Fall River Ave, Seekonk, MA 02771
      View Details
    • Contact for pricing
      3,585 SF

      Prime Seekonk Retail Space

      Former Friendly's, 3,585 SF Available
      1151 Fall River Ave, Seekonk, MA 02771
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    520 Miller St
    Seekonk, MA 02771-1921
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.