Financial
Distress signals
Property profile

51 Industrial Dr North Smithfield, RI 02896

OFF-MARKET
Other industrial properties
Property ID
US76-0138408
85,632 SF 6.69 ac lot Built 1980
Last sale Jun 2023 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-level flex space facility offering approximately 86,000 square feet of office and R&D/lab-oriented space within a 10.6-acre site in North Smithfield, Rhode Island, at 51 Industrial Drive. The building is configured to support a mix of administrative, research, and development uses. It is located just off Route 146, with regional access to I-295 and I-90 for connectivity to employees, vendors, and business operations.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$71k
Tax billed · 2023
Assessed value$3.64M
Assessed land$427k
Assessed improvement$3.22M
Effective rate1.94%

Value estimate

· Sep 2026
$1.73M
$1.55M – $1.90M
AI approach$1.76M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M
Manufacturing (M). This District is established to provide areas suitable for industrial development, research and certain transportation...
General categoryINDUSTRIAL
JurisdictionNORTH SMITHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.8
Auto Repair Shop11.5
Storage Facility9.9

Location

51 Industrial Dr North Smithfield, RI 02896-8032
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Providence, North Smithfield, RI 02896-8046 $3,045,000 Apr 2022 40,800 SF
9 Steel, North Smithfield, RI 02896-8055 $982,700 Feb 2022 20,000 SF
22 Steel, North Smithfield, RI 02896-8055 $700,000 May 2020 35,433 SF
473 Saint Paul, North Smithfield, RI 02896-6865 $1,400,000 Jul 2019 21,000 SF
97 Industrial, North Smithfield, RI 02896-8032 $1,460,000 Jun 2019 19,630 SF
229 Quaker, North Smithfield, RI 02896-7648 $1,800,000 May 2019 40,271 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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