Entity Owned Property summary
AI-generated overview
The property is a fully functioning pizzeria restaurant set up to serve specialty pizzas for a customer base that primarily places orders by phone and online. The listing describes the site as being located in a high-traffic area and having ample on-site parking, supporting convenient customer access. The business is operated as a family-owned and operated restaurant with staff trained for ongoing operations and menu service.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
FRAME
Total area
6,020 SF
Lot
0.56 ac (24,542 SF)
Zoning code
R15
APN
WARR M:10 L:71
UPID
US76-0174104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Box & Wholesale Store Distribution Center
-
(Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$1.00M
Owner & transaction history
since 2024
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
R15 · Warren, RI
Top alternative use upside
Office building
$1.5M
+68.7%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.00M
Value range
$900k – $1.10M
±10% around blend
Estimated value / SF
$166 / SF
Confidence
Low
4 county-verified comps
Property data
100
Comparable evidence
40
$900k
blend $1.00M
$1.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,020 SF
Lot area
0.56 ac
Year built
1990
Stories
1
APN
WARR M:10 L:71
Zoning
R15
Assessed value
$561,300
Annual tax
$7,667
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.38M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.50M
@ 6.5% CAP return
$1.38M
@ 7% CAP return
$1.28M
4
Sales comparison
Partial preview
Sales approach indication
$833k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.5 mi away · 5,028 SF
6.4 mi away · 5,322 SF
19.8 mi away · 6,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+69%
vs current-use indication
Retail Stores · current use
Restaurant
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
9.00%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.00%
9.0%
NOI (est.)
$70k *
Last sale · Feb 2024
$1.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$778k
Move the market yield to see immediate price impact.
Value / SF
$129
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.50%9.00%9.50%
$63k
$741k
$700k
$663k
$70k
$824k
$778k
$737k
$77k
$906k
$856k
$811k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$768k
3.2 mi · Mar 2026 · $116/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,667
Tax year 2023
Assessed value
$561,300
Assessed 2023
Previous assessed
$561,300
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$155,300
Assessed improvement
$406,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
6,020 SF
Lot
0.56 ac (24,542 SF)
Zoning code
R15
APN
WARR M:10 L:71
UPID
US76-0174104
Jurisdiction
WARREN
Zoning & alternative use
R15 · Warren, RIZoning R15 · permitted uses
R15 · Warren, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R15
Jurisdiction
Warren, RI
Recorded code
R15
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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