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    Property profile & analytics

    125 Clay St Central Falls, RI 02863

    • Showrooms
    • 111,250 SF
    • 1.89 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $4,770,000
    Last Sale
    Feb 07, 2020
    $4,200,000
    Location Intelligence
    Property ID
    US76-0327764
    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.

    Current Use by Public Records

    • Ralph Car Donation Group Central Falls RI / Non-Profit Organization
    • Crystal Wholesale / Wholesaler
    • Royalty Creations Beauty Studio / Waxing Hair Removal Service / Beauty Salon

    Property Details for 125 Clay St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.89 lot acres
    Property size
    111,250 SF
    Zone code
    M-1
    Property type
    Showrooms
    APN
    CENT M:05 P:29
    APU
    CENTM05P29

    Description

    Discover Clay Street Studios, a meticulously renovated 98,277 square foot industrial building in Central Falls, RI's vibrant arts district. Originally constructed in 1900 and extensively renovated in 2020, this Class B property offers a unique blend of historic charm and modern functionality. The single, three-story building boasts 23 available spaces ranging from 138 to 3,872 square feet, perfect for a variety of businesses. Enjoy the character of exposed brick walls and soaring ceilings, complemented by modern amenities. Ample parking is available with 40 spaces conveniently located off Clay and Cross Streets. Efficient material handling is ensured with two multi-level loading docks and two freight elevators for easy transport between floors. The building is fully sprinklered and equipped with a fire alarm system for enhanced safety. On-site management, janitorial services, and common restrooms add to the convenience. This prime location offers an inspiring environment for businesses of all sizes, from artists to established companies. The property's multiple tenancy structure provides flexibility for various business needs.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,955,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,485,000
      6.5%
      $3,800,000
      7%
      $3,880,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,830,000
      Geo Method
      $4,690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,195,000
      Retail
      $3,320,000
      Mixed-Use
      $3,265,000
      Hospitality
      $3,340,000
      Educational
      $3,555,000
      Residential Income
      $3,315,000
      Energy
      $3,710,000
      Income-Based Land
      $3,930,000
      Food Service
      $3,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3919
    Latitude
    41.8831
    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
    $115,713
    $175,400
    $3,563,300
    $3,738,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,367 SF

      693 Broad St

      SHOW ROOM, WAREHOUSE • 16,367 SF
      693 Broad St, Central Falls, RI 02863-2339
      View Details
    • Value Estimation
      $410,000
      8,072 SF

      89 Central St

      SHOW ROOM, WAREHOUSE • 8,072 SF
      89 Central St, Central Falls, RI 02863
      View Details
    • Value Estimation
      $245,000
      7,524 SF

      44 Central St

      SHOW ROOM, WAREHOUSE • 7,524 SF
      44 Central St, Central Falls, RI 02863-3133
      View Details
    • Value Estimation
      $285,000
      6,696 SF

      96 Blackstone St

      SHOW ROOM, WAREHOUSE • 6,696 SF
      96 Blackstone St, Central Falls, RI 02863-2328
      View Details
    • Value Estimation
      $300,000
      1,971 SF

      830 Broad St

      SHOW ROOM, WAREHOUSE • 1,971 SF
      830 Broad St, Central Falls, RI 02863-2308
      View Details
    • Value Estimation
      $225,000
      6,000 SF

      1289 Broad St

      SHOW ROOM, WAREHOUSE • 6,000 SF
      1289 Broad St, Central Falls, RI 02863-1001
      View Details

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      Clay Street Studios: Industrial Space

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      Central Falls Warehouse Space

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    125 Clay St
    Central Falls, RI 02863
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    Realmo Value Estimation

    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.

    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.

    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
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