Back to Search
Property profile & analytics
FOR LEASE
Industrial properties
657 Quarry St Fall River, MA 02723
Individually Owned
21-yr Hold
Free & Clear
Property ID
US38-0983199
For Lease
1 / 3
$775/Mo
657 Quarry St, Fall River, MA 02723
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
FRAME
Total area
205,797 SF
Lot
6.8 ac (296,339 SF)
Zoning code
IND
APN
FALL M:0K-27 B:0000 L:0001
UPID
US38-0983199
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
-
Remodelers Outlet Building Supply Industrial Manufacturer
-
E Z Coating Construction Company General Contractor
-
Amaral & Associates Real Estate Real Estate Agency
-
Crown Tile Inc General Contractor Renovation Specialist
-
New England Shirt Co Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.26M
Blend (final)
Blend
$11.38M
Owner & transaction history
Tower Nt · 21 yrs held
Tower Nt
since 2005
7 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$11.38M
Range $10.24M – $12.52M · ±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
$55 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$94,573
Tax year 2020
Assessed value
$4,104,900
Assessed 2024
Previous assessed
$3,865,800
+6.2% YoY
Effective rate
2.30%
On assessed value
Assessed land
$708,400
Assessed improvement
$3,396,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
3
Stories
5
Units
21
Bathrooms
11
Total area
205,797 SF
Lot
6.8 ac (296,339 SF)
Zoning code
IND
APN
FALL M:0K-27 B:0000 L:0001
UPID
US38-0983199
Jurisdiction
FALL RIVER
Zoning & alternative use
IND · Fall River, MAZoning 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
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
5
Buildings
3
Units
21
Bathrooms
11
Lot
6.8 ac
Current owner
From public records · entity-resolved
Tower Nt
Individual
Free & Clear · 21 yrs held
Mailing address
30 ADAMS ST, MILTON, MA 02186-3412
Ownership since
2005
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
May 6, 2025
—
Tower Nt
—
Deed
related
$2,138,229 · Rockland Trust Co
Nov 17, 2022
—
Tower Nt
—
Deed
related
$500,000 · Rockland Trust Co
Sep 12, 2019
—
Tower Nt
—
Deed
related
$5,125,000 · Rockland Tr
Sep 16, 2013
—
Tower Nt
—
Deed Of Trust
related
$1,000,000 · Rockland Trust Co
Jan 21, 2005
$1
Tower Nt
Tower RT
Grant Deed
—
Jan 21, 2005
—
Hajjar,charles C
—
Grant Deed
related
$2,925,000 · Rockland Trust Co
Aug 5, 1999
$900,000
Tower RT
Stafford Garment Assoc
Grant Deed
$1,200,000 · Bankboston Development Co LLC
—
—
Tower Nt
—
Deed Of Trust
related
$5,125,000 · Rockland Tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
