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231 Commerce Drive

231 Commerce Drive, Fall River, MA 02720
Commercial in Fall River
231 Commerce Drive has been categorized by the local assessors in Fall River, MA as a type of property. The building on the property was first built in 2008 and is 18 years old. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 100 stories. In addition, 231 Commerce Drive has 58,497 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 258,006 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. The building has a style roof made of . In terms of heating, it is utilizing and being fueled with . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 231 Commerce Drive was last sold in Feb 23, 2024 for $11,000,000. According to our calculations, that's $188.04 per sqft. Prior to that sales transaction, the property was sold for $444,000 in Jan 1, 1970. Current property owners are expected to pay $7,122,100 in taxes per year. The property on 231 Commerce Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,764,800. To break that down further, the land itself was valued at $770,500. While improvements to the property were assessed at a total of $1,994,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231221
12/21/2023
Loft
-
88000 ft²
$11,000,000
bedrooms
Loft
bathrooms
-
square feet
88000 ft²
$11,000,000
02/29/2024
Kelley Collins
Collins Commercial Real Estate, LLC


Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 258,006
  • Total Building Area: 58,497
  • Gross Building Area: 58,720
  • Building Area: 58,497
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 58,497
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: I
  • Land Acres: 0000005923
  • Standard Land Use Code: 5003
  • County Land Use Code: 401

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: INPK

Geography

  • Parcel: FALL M:0Z-05 B:0000 L:0014
  • Lot: 14
  • Municipality: FALL RIVER
  • Latitude: 41.7537
  • Longitude: -71.1112

    Address

  • Full Address: 231 Commerce Dr
  • Address - House Number: 231
  • Address - Street Name: Commerce
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Fall River
  • Carrier Code: C022
  • 4-Digit Zip Code: 4761
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,122,100
  • Initial Tax Delinquent Year: 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,764,800
  • Assessed Land Value: $770,500
  • Assessed Improvements Value: $1,994,300

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2567
  • Previous Sale Recording Date: Mar 04, 2008
  • Previous Sale Amount: $444,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Fall River



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Frequently Asked Questions

What neighborhood is 231 Commerce Drive located in?
The 231 Commerce Drive is a commercial located in the neighborhood of Fall River in Fall River, Fall River.
What is the average sales price for listings in 231 Commerce Drive?
The average sales price for units in 231 Commerce Drive is $11,000,000 , or $125/sqft. currently.

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