388 Rhode Island Ave, Fall River, MA 02721 Property Records

Bristol County and Fall River City property record for 388 Rhode Island Ave, Fall River, MA 02721

Property Summary

Property TypeRegional Shopping Center, Mall
Details6 ba · 51,392 sqft · built 1972
Lot Size4.06 acres (177,185 sqft)
OwnerCompany Name on Record
Last Sale$2,600,000 (Dec 1986)
Tax Bill$106,646 (2025)
Deeds & MortgagesNov 2023 Refinance
Flood ZoneZone X (minimal risk)
APNFALL M:0E-08 B:0000 L:0003

Property Details

APN / Parcel Number

Primary APNFALL M:0E-08 B:0000 L:0003
Alternative APN
  • M:0E=08 B:0000 L:0003

Interior

Full Baths6 Baths
Half Baths12 Half Baths
Units8 Units
Stories1 Story
Building Area51,392 sqft Total Area
Gross Area51,892 sqft

Exterior

Year BuiltBuilt 1972
Effective Year BuiltEffective 1985
Exterior MaterialConcrete Block
Construction TypeSteel Frame
Roof TypeFlat
Roof MaterialOther
Lot Area177,185 sqft (4.06 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water
Heating FuelGas

Location & Zoning

Street Address388 RHODE ISLAND AVE
CityFALL RIVER
StateMA
Zip02721
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Local Zoning CodeB-L
Legal Lot Number3
JurisdictionFALL RIVER MA
Township / Civil DivisionFALL RIVER
Census Block Group3
Census Block3006
Census Tract640100

Owner

Source: Bristol County and Fall River City records, as of April 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address159 ELM ST, SEEKONK, MA 02771-1720
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 1, 1986 · Amount on Record
Deed SaleDec 1, 1986 · Amount on Record
Deed Book / Page23
Record UpdatedJun 8, 2026

November 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFALL RIVER MA
Property Address388 RHODE ISLAND AVE, FALL RIVER, MA 02721
Transaction TypeMortgage
Record UpdatedNov 23, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number011406-249
DateNov 9, 2023
Book Page11406/249
Instrument15207
Lender
NameROCKLAND TRUST CO
TypeNon-Lending Institution
Agreement
TypeStand-Alone Refinance
AmountAmount Recorded

Tax Assessment & Valuation

Source: Bristol County and Fall River City assessment roll, as of April 14, 2026

Property Jurisdictions

TypeName
StateMassachusetts
CountyBristol County
MunicipalityFall River City
Unified School DistrictFall River School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2025$106,646.00 (+1.9%)$4,475,300 (+2.37%) Land $1,472,800 Building $3,002,500
2024$104,654.00 (-3.16%)$4,371,500 (+4.2%) Land $1,403,300 Building $2,968,200
2023$108,074.00$4,195,400 Land $1,275,700 Building $2,919,700

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective June 22, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemFALL RIVER WATER DEPARTMENT
serves 94,000 people · EPA ID MA4095000
Water SourceSurface water
Last State InspectionJan 2025
Lead12 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 566 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 2,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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