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Property profile & analytics
OFF-MARKET Estimated value $1,855,000
Super regional malls

540 Kelley Blvd North Attleboro, MA 02760-4191

16,912 SF 1.38 ac lot Built 1977
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US38-0485562
Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 540 Kelley Blvd in North Attleborough, Massachusetts, 02760, presents a unique investment opportunity. The property boasts a substantial 2,400 square feet of space, ideally suited for a business seeking high visibility and convenient access to the airport. Its classification as both retail and special purpose highlights its versatility and potential for a variety of uses. The single-tenancy aspect offers streamlined management and predictable income streams. Situated at 42.0057681 latitude and -71.3008769 longitude, the property benefits from its strategic location near the airport, ensuring high traffic and exposure to a diverse customer base. The building's design and layout are well-suited for retail operations, offering ample space for display, sales, and storage. This property is an excellent choice for businesses seeking a prominent location with strong potential for growth and profitability within the thriving airport vicinity. The property is categorized as an airport retail space, indicating its suitability for businesses catering to travelers and airport personnel. This presents a unique opportunity to tap into a captive market with high spending potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's single-tenant occupancy simplifies management and reduces the complexities often associated with multi-tenant properties.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,912 SF
Lot 1.38 ac (60,113 SF)
Zoning code IC3
APN NATT M:0035 B:0164 L:0000
UPID US38-0485562
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
$2.37M
Blend (final) Blend
$1.86M
Owner & transaction history
Rb Roger INC · 17 yrs held
Rb Roger INC
since 2008
3 recorded transactions
2017
Price N/A
2017
Price N/A
2008
$650,000
Zoning & alternative use
IC3 · North Attleboro, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.0M +16.5%
Retail stores $2.8M +7.4%
Apartment house (5+ units) $2.7M +4.8%
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