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Property profile & analytics
OFF-MARKET
Estimated value
$7,125,000
Manufacturing properties
848 Airport Rd, Fall River, MA 02720-4735
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1840149
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
STEEL FRAME
Total area
158,487 SF
Lot
15.55 ac (677,358 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0009
UPID
US38-1840149
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
-
New England Ropes Industrial Manufacturer Production Facility
-
TEUFELBERGER Fiber Rope Corp. Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.13M
Owner & transaction history
Foxrock 848 Airport Rlty · 4 yrs held
Foxrock 848 Airport Rlty
since 2021
Last sale
$6.5M
2 recorded transactions
Zoning & alternative use
INPK · 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
$7,215,000
ML approach
$8,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.13M
Range $6.41M – $7.84M · ±10% · vs last sale $6.50M (Jul 9 2021)
Last sale anchor
$6.50M
Jul 9 2021
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
$45 / 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
$152,278
Tax year 2024
Assessed value
$6,360,800
Assessed 2024
Previous assessed
$6,337,400
+0.4% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,039,500
Assessed improvement
$5,321,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Units
1
Bathrooms
8
Total area
158,487 SF
Lot
15.55 ac (677,358 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0009
UPID
US38-1840149
Jurisdiction
FALL RIVER
Zoning & alternative use
INPK · Fall River, MA
Zoning 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
Fall River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Buildings
1
Units
1
Bathrooms
8
Lot
15.55 ac
Current owner
From public records · entity-resolved
Foxrock 848 Airport Rlty
Individual
Mailing address
350 GRANITE ST STE #2205, BRAINTREE, MA 02184-4963
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
$6,500,000
Foxrock 848 Airport Rlty
Fall Riv Freeholders LLC
Quit Claim Arm's Length For Ne States
$4,267,250 · Middlesex Savings Bank
Aug 21, 2015
—
City Of Fall River
Fall River Freehiolders
Quit Claim Deed
related
—
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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