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    Property profile & analytics

    681 Riverside Ave Somerset, MA 02725-2843

    • Turn key restaurants
    • 7,072 SF
    • 1.54 lot acres
    OFF-MARKET
    Value Estimation
    $885,000
    Last Sale
    Jan 18, 2024
    $892,100
    Location Intelligence
    Property ID
    US38-0545337
    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

    • Turn key restaurants

    Property Details for 681 Riverside Ave

    Year built
    1951
    Lot size
    1.54 lot acres
    Property size
    7,072 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    SOME M:0A8 L:0019
    APU
    SOMEM0A8L0019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $890,000

    • CAP approach

      CAP return
      Estimation
      6%
      $920,000
      6.5%
      $935,000
      7%
      $860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $860,000
      Geo Method
      $895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $940,000
      Mixed-Use
      $835,000
      Hospitality
      $690,000
      Educational
      $750,000
      Residential Income
      $965,000
      Energy
      $890,000
      Income-Based Land
      $955,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.159
    Latitude
    41.7252
    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
    $13,682
    $218,800
    $318,400
    $537,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $340,000
      2,960 SF

      481 Wilbur Ave

      AUTO REPAIR, GARAGE • 2,960 SF
      481 Wilbur Ave, Somerset, MA 02725-2013
      View Details
    • Value Estimation
      $360,000
      863 SF

      381 Wilbur Ave

      RETAIL STORES (PERSONAL SERVICES) • 863 SF
      381 Wilbur Ave, Somerset, MA 02725-2028
      View Details
    • Value Estimation
      $375,000
      1,218 SF

      1199 Wilbur Ave

      AUTO REPAIR, GARAGE • 1,218 SF
      1199 Wilbur Ave, Somerset, MA 02725-2014
      View Details
    • Value Estimation
      $385,000
      800 SF

      1833 Wilbur Ave

      SERVICE STATION (FULL SERVICE) • 800 SF
      1833 Wilbur Ave, Somerset, MA 02725-1017
      View Details
    • Value Estimation
      $355,000
      2,912 SF

      329 Wilbur Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,912 SF
      329 Wilbur Ave, Somerset, MA 02725-2028
      View Details
    • Value Estimation
      $330,000
      1,835 SF

      1153 Wilbur Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,835 SF
      1153 Wilbur Ave, Somerset, MA 02725-2014
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fully Built-Out Hair Salon

      Retail space in a shopping center with signalized access.
      815 Grand Army Of The Republic Hwy, Somerset, MA 02725
      View Details
    • Contact for pricing
      1 SF

      Somerset Commercial Land Opportunity

      High-traffic location, 0.56 acres.
      6 & Brayton Pt Rd, Somerset, MA 02725
      View Details
    • Contact for pricing

      Retail Parcel in Somerset, MA

      0.56 acre retail parcel available in new development.
      Somerset, MA 02725
      View Details
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    681 Riverside Ave
    Somerset, MA 02725-2843
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    Realmo Value Estimation

    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.

    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.

    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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