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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    555 Pleasant St Ste, Unit 101 Attleboro, MA 02703-2440

    • Office Properties & Spaces
    • 2,345 SF
    OFF-MARKET
    Last Sale
    Aug 05, 2022
    $375,000
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    8.2%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US38-1764297
    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

    • Office Properties & Spaces

    Property Details for 555 Pleasant St Ste

    Year built
    1987
    Construction
    FRAME
    Property size
    2,345 SF
    Property type
    Office Properties & Spaces
    APN
    ATTL M:57 L:13 U:U101
    APU
    ATTLM57L13UU101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $500,000
      ML approach
      $425,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $685,000
      6.5%
      $635,000
      7%
      $585,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $360,000
      Current use
      COMMERCIAL (GENERAL)
      $465,000
      Change: +30% Conversion: Easy
      AUTO REPAIR, GARAGE
      $415,000
      Change: +16% Conversion: Difficult
      RETAIL STORES
      $385,000
      Change: +7% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $360,000
      Change: -0% Conversion: Difficult
      WAREHOUSE, STORAGE
      $310,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Attleboro
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.2681
    Latitude
    41.9527
    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
    $3,310
    $0.00
    $172,200
    $172,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $245,000
      858 SF

      120 Main St Ste, Unit 205

      CONDOMINIUM OFFICES • 858 SF
      120 Main St Ste, Attleboro, MA 02703-2248
      View Details
    • Value Estimation
      $120,000
      1,239 SF

      555 Pleasant St Ste, Unit 202

      CONDOMINIUM OFFICES • 1,239 SF
      555 Pleasant St Ste, Attleboro, MA 02703-2440
      View Details
    • Value Estimation
      $300,000
      1,201 SF

      555 Pleasant St Ste, Unit 204

      CONDOMINIUM OFFICES • 1,201 SF
      555 Pleasant St Ste, Attleboro, MA 02703-2423
      View Details
    • Value Estimation
      $265,000
      1,008 SF

      140 Park St Ste, Unit 5

      CONDOMINIUM OFFICES • 1,008 SF
      140 Park St Ste, Attleboro, MA 02703-8048
      View Details
    • Value Estimation
      $230,000
      945 SF

      120 Main St Ste, Unit 106

      CONDOMINIUM OFFICES • 945 SF
      120 Main St Ste, Attleboro, MA 02703-2248
      View Details
    • Value Estimation
      $265,000
      1,316 SF

      140 Park St Ste, Unit 3

      CONDOMINIUM OFFICES • 1,316 SF
      140 Park St Ste, Attleboro, MA 02703-8048
      View Details

    Similar Nearby for Sale

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      Well-Maintained Office Building Near Downtown

      Signature building near downtown Attleboro with easy highway access.
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      Office building with high visibility and easy highway access.
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    • $3,200,000
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      Retail property for sale with 2,300 square feet of space.
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    • $594,900

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      Mixed-use property with strong rental income potential near downtown Attleboro.
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      47,764 SF manufacturing facility on 7.81 acres for sale.
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      Two-family home with renovation potential in a convenient location.
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    Similar Nearby for Lease

    • $1,550 /Mo

      Updated Office Space For Rent

      Move-in ready office space with excellent accessibility and visibility.
      880R Washington St, Attleboro, MA 02703
      View Details
    • $13 SF/Yr
      2,600 SF

      Attleboro Office/Retail Space For Rent

      2,600 SF second-floor space ideal for medical or retail.
      670 Washington St, Attleboro, MA 02703
      View Details
    • $2,100 /Mo

      Established Office Park Space

      Office space for lease in an established office park.
      550 North Main St, Attleboro, MA 02703
      View Details
    • $13 SF/Yr

      Versatile Commercial Space in Attleboro

      2,600 SF commercial space suitable for medical, office, or retail.
      670 Washington St, Attleboro, MA 02703
      View Details
    • $2,600 /Mo
      37,026 SF

      Attleboro Office Space For Lease

      Prime office space suitable for medical or professional services.
      281 County St, Attleboro, MA 02703
      View Details
    • $22 SF/Yr
      5,000 SF

      Retail/Office Space Available

      5000' retail/office space in high-traffic location.
      104 N Main St, Attleboro, MA 02703
      View Details
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    Attleboro, MA 02703-2440
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    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
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