Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Turn key restaurants
747 State Rd Dartmouth, MA 02747-1821
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0379934
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
FRAME
Total area
4,744 SF
Lot
1.39 ac (60,548 SF)
Zoning code
GB
APN
DART M:0163 B:0054 L:0000
UPID
US38-0379934
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
San Miguel LLC · 4 yrs held
San Miguel LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
GB · Dartmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+116.2%
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 Dartmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dartmouth 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
$2,665,000
ML approach
$2,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,400,000
Change: +116% · Conversion: Moderate
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.00M (Jul 5 2022)
Last sale anchor
$2.00M
Jul 5 2022
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
$485 / 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
$11,436
Tax year 2024
Assessed value
$613,500
Assessed 2024
Previous assessed
$577,400
+6.3% YoY
Effective rate
1.86%
On assessed value
Assessed land
$373,900
Assessed improvement
$239,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,744 SF
Lot
1.39 ac (60,548 SF)
Zoning code
GB
APN
DART M:0163 B:0054 L:0000
UPID
US38-0379934
Jurisdiction
DARTMOUTH
Zoning & alternative use
GB · Dartmouth, MA
Zoning GB · permitted uses
GB · Dartmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dartmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.4M
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
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
San Miguel LLC
Entity
Mailing address
346 TAUNTON AVE, SEEKONK, MA 02771-5245
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
San Miguel LLC
—
Deed
related
$3,150,000 · Gfa Federal Credit Union
Jul 5, 2022
$2,000,000
San Miguel LLC
Dauntless Investments LLC
Quit Claim Arm's Length For Ne States
$1,000,000 · Dauntless Invs LLC
Feb 22, 2022
$500,000
Dauntless Investments LLC
747 State Road RT
Quit Claim Arm's Length For Ne States
—
Oct 23, 2018
$450,000
747 St Road Trust
Big Four 747 Realty LLC
Quit Claim Deed
—
Feb 27, 2017
—
Big 4 747 Realty LLC
Wah-tung,sau
Quit Claim Deed
related
—
Jan 25, 2017
—
Sau W Tung
747 State Realty INC
Quit Claim Deed
related
—
May 31, 2005
$700,000
747 State Rlty INC
Raposo Rlty LLC
Deed
$603,750 · Slades Ferry Tr Co
Jun 30, 2003
$650,000
Raposo Realty LLC
Resendes,humberto M
Grant Deed
$450,000 · Slades Ferry Trust Co
Jun 30, 2003
—
Raposo Rlty LLC
—
Deed Of Trust
related
$250,000 · Maria F Resendes
Dec 22, 1998
—
Humberto Resendes
—
Deed Of Trust
related
$50,000 · Madeira Tr
Apr 27, 1990
$350,000
Humberto M Resendes
Morais,fernando
Grant Deed
$350,000 · Citizens Svgs Bk Frvr
Mar 12, 1987
$225,000
Fernando Morois
Drainville,richard
Grant Deed
$200,000 · Natl Bk Of Fairhaven
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?”
You own 747 State Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.