Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    584 Pleasant St, Unit 594 Fall River, MA 02721-4316

    • Manufacturing properties
    • 8,708 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0807410
    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

    • Manufacturing properties

    Property Details for 584 Pleasant St

    Year built
    1948
    Construction
    FRAME
    Lot size
    0.67 lot acres
    Property size
    8,708 SF
    Zone code
    B
    Property type
    Manufacturing properties
    APN
    FALL M:0M-12 B:0000 L:0040
    APU
    FALLM0M12B0000L0040

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $990,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,395,000
      Change: +41% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,375,000
      Change: +39% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,330,000
      Change: +35% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,150,000
      Change: +17% Conversion: Easy
      RESTAURANT
      $1,145,000
      Change: +16% Conversion: Difficult
      RETAIL STORES
      $925,000
      Change: -6% Conversion: Moderate
      OFFICE BUILDING
      $855,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.145
    Latitude
    41.6985
    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
    $16,028
    $260,900
    $408,600
    $669,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $13,835,000
      179,881 SF

      749 Quequechan St

      MANUFACTURING (LIGHT) • 179,881 SF
      749 Quequechan St, Fall River, MA 02721-4004
      View Details
    • Value Estimation
      $1,900,000
      20,000 SF

      994 Jefferson St

      MANUFACTURING (LIGHT) • 20,000 SF
      994 Jefferson St, Fall River, MA 02721-4823
      View Details
    • Value Estimation
      $1,240,000
      13,440 SF

      147 Plymouth Ave

      MANUFACTURING (LIGHT) • 13,440 SF
      147 Plymouth Ave, Fall River, MA 02721-4303
      View Details
    • Value Estimation
      $1,175,000
      12,000 SF

      994 Jefferson St

      MANUFACTURING (LIGHT) • 12,000 SF
      994 Jefferson St, Fall River, MA 02721-4823
      View Details
    • Value Estimation
      $13,855,000
      164,219 SF

      1450 Brayton Ave

      MANUFACTURING (LIGHT) • 164,219 SF
      1450 Brayton Ave, Fall River, MA 02721-5235
      View Details
    • Value Estimation
      $3,630,000
      165,987 SF

      30 Frnt St

      MANUFACTURING (LIGHT) • 165,987 SF
      30 Frnt St, Fall River, MA 02721-4302
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Large Barn for Storage

      Spacious barn with electric, alarm, and high ceilings.
      310 Tecumseh St, Fall River, MA 02721
      View Details
    • $7,000,000

      Fall River Industrial Building

      186,000 SF industrial building with long-term tenant.
      372 Stevens St, Fall River, MA 02721
      View Details
    • $750,000
      8,857 SF

      Fall River Commercial Property

      Two buildings with showroom, office, warehouse, and parking.
      798 Plymouth Ave, Fall River, MA 02721
      View Details
    • $600,000

      Versatile Commercial Property For Sale

      Commercial property with office and warehouse space in Fall River.
      138 Morgan St, Fall River, MA 02721
      View Details
    • Contact for pricing

      Historic Mill in Waterfront District

      Circa 1870 mill in Fall River's Waterfront Cultural District.
      104 Anawan St, Fall River, MA 02721
      View Details
    • Contact for pricing

      Established Commercial Drywall Company Opportunity

      Well-established drywall company for sale with building and equipment.
      188 Duluth St, Fall River, MA 02721
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Manufacturing Space Near Fall River

      14,000 SF light manufacturing space for lease.
      18 Pocasset St 401, Fall River, MA 02721
      View Details
    • $1,650 /Mo

      Creative Manufacturing Space for Rent

      2,800 SF light manufacturing/studio space with parking.
      192 Anawan St 403, Fall River, MA 02721
      View Details
    • Contact for pricing
      5,640 SF

      Unique Industrial-Style Office/Flex Space

      Versatile 5,640 SF space near Plymouth St. exit.
      101 Front St, Fall River, MA 02721
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space Near I-95 Exit

      Retail space with high visibility and accessibility near I-95.
      130 Plymouth Ave, Fall River, MA 02721
      View Details
    • Contact for pricing
      10,000 SF

      Historic Mill Building Retail Space

      Renovated mill building in Fall River's arts district.
      28 Anawan St, Fall River, MA 02721
      View Details
    • Contact for pricing
      5,725 SF

      Fall River Office Space Available

      Office space available for rent in Fall River, MA.
      207 Pocasset St, Fall River, MA 02721
      View Details

    Property Visit Statistics

    • Visits by month
      20.0k
    • Visitors by month
      10.7k
    • Avg Time on site
      6 min
    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.
    584 Pleasant St, Unit 594
    Fall River, MA 02721-4316
    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.
    Sign Up Successful!
    You now have access to more from Realmo!