Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    999 Broadway Fall River, MA 02724-2725
    Back to Search
    Property profile & analytics

    999 Broadway, Fall River, MA 02724-2725

    View on Map
    • Automotive properties
    • 1,276 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US38-0463819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 999 Broadway

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Zone code
    IND
    Property type
    Automotive properties
    APN
    FALL M:0G-27 B:0000 L:0006
    APU
    FALLM0G27B0000L0006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 26, 2023 — Globe Street Mgmt LLC — Deed · related $500k · Devi Holdings INC
    Jun 15, 2020 — Globe Street Mgmt — Deed · related $40M · Advanced Flower Cap
    Apr 20, 2018 — Globe Street Management Green Water Realty LLC Quit Claim Deed · related —
    Jan 2, 2008 $1 New England Grp Mgmt LLC Broadway Pub RT Grant Deed —
    Jun 3, 2002 $250,000 Broadway Pub RT Henrick,michael Grant Deed $177k · Zenon Grzybowski
    Dec 1, 1994 — Michael A Hendrick — Deed Of Trust · related $20k · Slades Ferry Trust Co
    Feb 3, 1992 — Michael A Henrick — Deed Of Trust · related $33k · Slades Ferry Trust Co
    — — Globe Street Mgmt — Deed Of Trust · related $40M · Advanced Flower Cap

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1714
    Latitude
    41.6877
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,604
    $146,900
    $87,200
    $234,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,134 SF

      2291 Main St

      VEHICLE SALES, RENTALS
      2291 Main St, Fall River, MA 02724-2158
      View Details
    • Value Estimation by Request
      2,692 SF

      2389 Main St

      VEHICLE SALES, RENTALS
      2389 Main St, Fall River, MA 02724-2013
      View Details
    • Value Estimation by Request
      804 SF

      605 Globe St

      VEHICLE SALES, RENTALS
      605 Globe St, Fall River, MA 02724-2609
      View Details
    • Value Estimation by Request
      2,628 SF

      2238 Main St

      VEHICLE SALES, RENTALS
      2238 Main St, Fall River, MA 02724-2148
      View Details
    • Value Estimation by Request
      864 SF

      2553 Main St

      VEHICLE SALES, RENTALS
      2553 Main St, Fall River, MA 02724-2017
      View Details
    • Value Estimation
      $985,000
      14,890 SF

      535 Bay St, Unit 545

      AUTO REPAIR, GARAGE
      535 Bay St, Fall River, MA 02724-1407
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,424 SF

      Broadway Car Wash For Sale

      Operating car wash with redevelopment potential in growing area.
      950 Broadway, Fall River, MA 02724
      View Details
    • Contact for pricing

      Versatile Commercial Property on Main

      High-visibility commercial property suitable for retail, office, or service businesses.
      1226 S Main St, Fall River, MA 02724
      View Details
    • Contact for pricing

      Versatile Commercial Property on Main

      High-visibility commercial property suitable for retail, office, or service businesses.
      1226 S Main St, Fall River, MA 02724
      View Details
    • Contact for pricing
      Pending

      344-354 E Main St, Fall River, MA 02724

      Apartment buildings
      344-354 E Main St, Fall River, MA 02724
      View Details
    • Contact for pricing

      East Main Street Commercial Building

      Meticulously maintained building with parking in a revitalizing area.
      246 E Main St, Fall River, MA 02724
      View Details
    • Contact for pricing
      3,550 SF

      Fall River Multi-Family Residence

      Spacious multi-family property with seven bedrooms and ample outdoor space.
      609 King Philip St, Fall River, MA 02724
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Turnkey Barbershop in High-Traffic Area

      Fully built-out barbershop with modern amenities in a prime location.
      175-179 E Main St, Fall River, MA 02724
      View Details
    • Contact for pricing

      Commercial Space with High Ceilings

      6,500 sqft commercial space for lease with extension options.
      1533 South Main St, Fall River, MA 02724
      View Details
    • Contact for pricing

      Renovated First Floor Office Space

      Renovated first-floor office space with included utilities and convenient location.
      397 Bay St, Fall River, MA 02724
      View Details
    • Contact for pricing
      45,000 SF

      Fall River Mill Space Available

      Manufacturing/warehouse spaces available in Fall River mill.
      113 Griffin St, Fall River, MA 02724
      View Details
    • Contact for pricing

      Warehouse/Storage Space For Lease

      58,000 Sq Ft warehouse/storage space available for lease.
      109 Howe St 1, Fall River, MA 02724
      View Details
    • Contact for pricing
      58,000 SF

      Warehouse Space Available For Lease

      58,000 sq ft warehouse space for lease.
      109 Howe St, Fall River, MA 02724
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    999 Broadway
    Fall River, MA 02724-2725
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    999 Broadway, Fall River, MA, 02724
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!