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Property profile & analytics
FOR LEASE
Manufacturing properties
81 Commerce Dr Fall River, MA 02720
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0356078
For Lease
1 / 18
$9 SF/Yr
81 Commerce Dr, Fall River, MA 02720
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Total area
599,760 SF
Lot
33.6 ac (1,463,616 SF)
Zoning code
INPK
APN
FALL M:0Z-05 B:0000 L:0001
UPID
US38-0356078
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
-
Displays2go Production Facility
-
Advertising Banner Flags Marketing & Advertising Advertising Agency
-
Snap Frames (Bike/Boat/Book/etc) Store Home Decor Store
-
SidewalkSigns2go (Bike/Boat/Book/etc) Store Printing Service
-
Medifor Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$55.30M
Owner & transaction history
Alp Arc Vi Gvi 81 Comm · 4 yrs held
Alp Arc Vi Gvi 81 Comm
since 2022
Last sale
$55.0M
7 recorded transactions
Zoning & alternative use
INPK · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$91.6M
+34.7%
Warehouse, storage
$79.3M
+16.6%
Restaurant
$79.0M
+16.2%
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 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
$61,690,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$68,025,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$91,605,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$79,330,000
Change: +17% · Conversion: Easy
RESTAURANT
$79,025,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$63,820,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$59,020,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$55.30M
Range $49.77M – $60.83M · ±10% · vs last sale $55.00M (Jun 7 2022)
Last sale anchor
$55.00M
Jun 7 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
$92 / 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
$981,313
Tax year 2024
Assessed value
$40,990,500
Assessed 2024
Previous assessed
$41,393,100
-1.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$4,165,700
Assessed improvement
$36,824,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1997
Heating
SPACE
Buildings
1
Units
1
Bathrooms
13
Total area
599,760 SF
Lot
33.6 ac (1,463,616 SF)
Zoning code
INPK
APN
FALL M:0Z-05 B:0000 L:0001
UPID
US38-0356078
Jurisdiction
FALL RIVER
Zoning & alternative use
INPK · Fall River, MAZoning INPK · permitted uses
INPK · Fall River, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$68.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$91.6M
WAREHOUSE, STORAGE
Est. value
$79.3M
RESTAURANT
Est. value
$79.0M
RETAIL STORES
Est. value
$63.8M
OFFICE BUILDING
Est. value
$59.0M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
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
1997
Heating
SPACE
Buildings
1
Units
1
Bathrooms
13
Lot
33.6 ac
Current owner
From public records · entity-resolved
Alp Arc Vi Gvi 81 Comm
Individual
Mailing address
68 S SERVICE RD STE #120, MELVILLE, NY 11747-2350
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
—
Alp-arc V Gbi-10 Commerce
—
Deed
related
$1 · Alp Arc V Gbi Barnett
Jun 13, 2025
—
Alp-arc Vi Gbi-81 Commerc
—
Deed
related
$1 · German American Capital Corp
Jun 7, 2022
$55,000,000
Alp Arc Vi Gvi 81 Comm
81-56 Bclp Commerce Owner
Quit Claim Arm's Length For Ne States
$118,433,036 · Invesco Cmi Investments LP
Dec 21, 2020
—
81-56 Bclp Commerce Owner
—
Deed
related
$63,700,000 · Us Bank NA
Jul 1, 2020
$45,100,000
81-56 Bclp Cmrc Owner
Maind Ll LLC
Quit Claim Deed
—
Apr 3, 2017
$24,050,000
Maind Ll LLC
Ma Industrial Fall Riv
Quit Claim Arm's Length For Ne States
$45,985,000 · Canadian Imperial Bk
Jan 27, 2017
$740,000
Ma Industrial Fall Riv
Fall River Redev Auth
Quit Claim Arm's Length For Ne States
$15,688,000 · Harborone Bank
Apr 2, 2013
—
Ma Ind Fall River LLC
—
Deed Of Trust
related
$57,000,000 · Worth Funding INC
Sep 28, 2012
$19,000
Beacon LLC
Fall River Redev Author
Grant Deed
—
Jun 29, 2012
$17,000
Beacon LLC
Fall River Redev Author
Grant Deed
—
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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