Financial
Distress signals
Property profile

3770 Mendon Rd Cumberland, RI 02864

FOR LEASE
Other investment properties
Property ID
US76-0333177
2,313 SF 0.23 ac lot Built 1950
Last sale Nov 2023 · $420,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years.
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Property summary

AI-generated overview

The property is a professional office suite totaling approximately 900 square feet, located on Mendon Road. The interior configuration includes four rooms along with a small kitchenette, and provides exclusive use of one full bathroom and one half bathroom. The layout is designed to support both client-facing activities and confidential professional services, including uses such as legal, accounting, counseling/psychological services, and general office functions. The space is intended for office use only.

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 · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$300k
Assessed land$143k
Assessed improvement$157k
Effective rate1.20%

Value estimate

· Sep 2026
$535k
$482k – $589k
AI approach$470k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 394,233.33% cap applied$12k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$86 – $200
Qualifying comparables15

Cap rate analysis

How does the asset earn?
394,233.33%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-1
Within the R-1 and R-2 zones, animals for personal use are allowed as follows: (a) For each 25,000 square feet of land one horse may be k...
General categoryRESIDENTIAL
JurisdictionCUMBERLAND

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 agency13.5
HVAC Service10.6
Electrical Service10.1

Location

3770 Mendon Rd Cumberland, RI 02864
County assessor Recorded deeds · 9 transfers 15 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
417 Broad, Cumberland, RI 02864-7868 $465,000 Jan 2026 2,073 SF
511 Broad, Cumberland, RI 02864-7828 $365,000 Jul 2025 2,450 SF
2405 Mendon, Cumberland, RI 02864-3707 $598,000 Oct 2024 2,618 SF
39 Old Mendon, Cumberland, RI 02864-5503 $675,000 May 2024 2,422 SF
1393 Mendon, Cumberland, RI 02864-4814 $379,000 Dec 2021 2,356 SF
48 Manville Hl, Cumberland, RI 02864 $215,000 Feb 2021 2,741 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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