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Property profile & analytics
FOR LEASE
Office buildings
82 Hartwell St Fall River, MA 02721
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1340203
For Lease
1 / 2
$1,625,000
82 Hartwell St, Fall River, MA 02721
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
STEEL FRAME
Total area
19,238 SF
Lot
0.73 ac (31,951 SF)
Zoning code
IND
APN
FALL M:0N-21 B:0000 L:0003
UPID
US38-1340203
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
-
Canna Care Docs Alternative Medicine Practice
-
Cosmopolitan Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.63M
Owner & transaction history
82 Hartwell St LLC · 3 yrs held
82 Hartwell St LLC
since 2022
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
IND · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+34.4%
Restaurant
$2.5M
+33.9%
Industrial (general)
$2.2M
+15.3%
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
$1,850,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,895,000
Current use
WAREHOUSE, STORAGE
$2,545,000
Change: +34% · Conversion: Difficult
RESTAURANT
$2,535,000
Change: +34% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,180,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$2,045,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10% · vs last sale $1.65M (Aug 23 2022)
Last sale anchor
$1.65M
Aug 23 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
$84 / 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
$38,579
Tax year 2024
Assessed value
$1,611,500
Assessed 2024
Previous assessed
$918,000
+75.5% YoY
Effective rate
2.39%
On assessed value
Assessed land
$222,000
Assessed improvement
$1,389,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Bathrooms
6
Total area
19,238 SF
Lot
0.73 ac (31,951 SF)
Zoning code
IND
APN
FALL M:0N-21 B:0000 L:0003
UPID
US38-1340203
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
OFFICE BUILDING Current
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Bathrooms
6
Lot
0.73 ac
Current owner
From public records · entity-resolved
82 Hartwell St LLC
Entity
Mailing address
82 HARTWELL ST, FALL RIVER, MA 02721-3025
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
$1,650,000
82 Hartwell St LLC
4m 6 Resnik LLC
Quit Claim Arm's Length For Ne States
$650,000 · Bouble Clutch LLC
Dec 27, 2013
$2,000,000
4m6 Resnik LLC
Fleming Int
Quit Claim Deed
related
—
May 9, 2012
—
Fleming Int
—
Deed Of Trust
related
$805,000 · Baycoast Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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