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Property profile & analytics
OFF-MARKET
Estimated value
$20,290,000
Retail space
638 Quequechan St Fall River, MA 02721-4083
Individually Owned
14-yr Hold
Free & Clear
Property ID
US38-0196868
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
STEEL FRAME
Total area
153,134 SF
Lot
14.57 ac (634,861 SF)
Zoning code
IND
APN
FALL M:0F-02 B:0000 L:0002
UPID
US38-0196868
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
-
Ria Money Transfer Bank Credit Union
-
Walmart Home Theater Installation Electrical Service General Contractor
-
Western Union Bank Credit Union
-
Walmart Pet Services Kennel & Boarding Facility
-
Walmart Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.17M
Blend (final)
Blend
$20.29M
Owner & transaction history
Re Busines T Wal-mart · 14 yrs held
Re Busines T Wal-mart
since 2011
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$24.5M
+50.5%
Auto repair, garage
$24.2M
+48.6%
Neighborhood: shopping center
$23.4M
+43.5%
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
RETAIL STORES
$16,295,000
Current use
APARTMENT HOUSE (5+ UNITS)
$24,515,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$24,205,000
Change: +49% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,390,000
Change: +44% · Conversion: Moderate
WAREHOUSE, STORAGE
$20,255,000
Change: +24% · Conversion: Difficult
RESTAURANT
$20,175,000
Change: +24% · Conversion: Easy
INDUSTRIAL (GENERAL)
$17,370,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$15,070,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$20.29M
Range $18.26M – $22.32M · ±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
$132 / 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
$395,233
Tax year 2024
Assessed value
$16,509,300
Assessed 2024
Previous assessed
$17,863,500
-7.6% YoY
Effective rate
2.39%
On assessed value
Assessed land
$6,424,800
Assessed improvement
$10,084,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
8
Total area
153,134 SF
Lot
14.57 ac (634,861 SF)
Zoning code
IND
APN
FALL M:0F-02 B:0000 L:0002
UPID
US38-0196868
Jurisdiction
FALL RIVER
Zoning & alternative use
IND · Fall River, MA
Zoning IND · permitted uses
IND · 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
RETAIL STORES Current
Est. value
$16.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$24.5M
AUTO REPAIR, GARAGE
Est. value
$24.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.4M
WAREHOUSE, STORAGE
Est. value
$20.3M
RESTAURANT
Est. value
$20.2M
INDUSTRIAL (GENERAL)
Est. value
$17.4M
OFFICE BUILDING
Est. value
$15.1M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
INDUSTRIAL (GENERAL)
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
2013
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
8
Lot
14.57 ac
Current owner
From public records · entity-resolved
Re Busines T Wal-mart
Individual
Free & Clear · 14 yrs held
Mailing address
2001 SE 10TH ST, BENTONVILLE, AR 72712-6489
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2011
$16,875,000
Re Busines T Wal-mart
Quequechan Dev LLC
Grant Deed
—
Oct 7, 2009
$2,250,000
Quequechan Dev LLC
Mill River Prop RT
Grant Deed
—
Jan 20, 2006
$1,400,000
Mill River Prop RT
Mill River Prop LLC
Grant Deed
—
May 31, 2001
—
Mill River Prop LLC
—
Deed Of Trust
related
$200,000 · Jobs For Fall River
Oct 20, 2000
$250,000
Mill River Prop LLC
Kennedy Funding INC
Grant Deed
—
Sep 1, 1995
—
Q River INC
—
Deed Of Trust
related
$760,000 · Worth Funding INC
Feb 7, 1990
—
River Outlet T Fall
—
Deed Of Trust
related
$750,000 · Boston Trade Bank
Jan 13, 1988
$6,000,000
Fall River Outlet Tr
Gold,max F
Grant Deed
$6,250,000 · Bank Of New England
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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