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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Industrial properties
927 Currant Rd, Fall River, MA 02720-4712
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1257787
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Construction
STEEL FRAME
Total area
24,432 SF
Lot
3.16 ac (137,650 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0071
UPID
US38-1257787
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
$4.35M
CAP Approach
CAP
$3.68M
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$3.95M
Owner & transaction history
Invagen Pharmaceuticals · 4 yrs held
Invagen Pharmaceuticals
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
INPK · Fall River, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.9M
+41.2%
Auto repair, garage
$3.9M
+39.4%
Neighborhood: shopping center
$3.7M
+34.7%
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
$4,330,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
$3,985,000
6.5%
$3,680,000
7%
$3,415,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,770,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,910,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,860,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,730,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,230,000
Change: +17% · Conversion: Easy
RESTAURANT
$3,220,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$2,600,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$2,405,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $3.90M (Sep 8 2021)
Last sale anchor
$3.90M
Sep 8 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
$162 / 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
$42,472
Tax year 2024
Assessed value
$1,774,100
Assessed 2024
Previous assessed
$1,285,300
+38.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$401,900
Assessed improvement
$1,372,200
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
24,432 SF
Lot
3.16 ac (137,650 SF)
Zoning code
INPK
APN
FALL M:0Z-03 B:0000 L:0071
UPID
US38-1257787
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.2M
RESTAURANT
Est. value
$3.2M
RETAIL STORES
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
3.16 ac
Current owner
From public records · entity-resolved
Invagen Pharmaceuticals
Individual
Mailing address
927 CURRANT RD, FALL RIVER, MA 02720-4712
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$3,900,000
Invagen Pharmaceuticals
927 Currant Rd LLC
Quit Claim Arm's Length For Ne States
—
Jan 23, 2013
—
927 Currant Road LLC
—
Deed Of Trust
related
$4,500,000 · Worth Funding INC
Aug 6, 2002
—
927 Currant Road LLC
—
Deed Of Trust
related
$920,000 · Fleet National Bank
May 22, 2002
$223,200
927 Currant Road LLC
Precise Packaging RT
Grant Deed
—
Mar 18, 1999
$223,200
Packaging RT Precise
Greater Fall Riv Dev
Grant Deed
—
Sep 15, 1992
$232,100
Fall River Dev Greater
Riggenbach Rlty Vi
Grant Deed
—
Aug 20, 1992
$2,200,000
Fall River Dev Greater
Airport RT
Grant Deed
—
Jul 22, 1992
—
Rlty Vi Riggenbach
—
Deed Of Trust
related
$125,000 · Slades Ferry Trust Co
Oct 24, 1988
$360,800
Rlty Vi Riggenbach
Greater F R Dev Co
Grant Deed
$360,800 · Bank Of New England NA
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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