Financial
Distress signals
Property profile

20 Pleasant St Cumberland, RI 02864

FOR SALE
Showrooms
Property ID
US76-0363405
3,830 SF 0.26 ac lot Built 1950
Last sale Aug 2025 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property presents a lucrative investment opportunity in Cumberland, RI. Encompassing two lots (20 Pleasant Street - Lot 162 and 80 Eddy Street - Lot 348), this established auto body shop boasts over 15,000 square feet of space, ideal for continued operation or redevelopment. The 0.36-acre property features ample parking with over 30 outdoor spaces, plus oversized garages, providing significant operational capacity. The property benefits from a recently installed

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$303k
Assessed land$77k
Assessed improvement$226k
Effective rate1.19%

Value estimate

· Sep 2026
$165k
$149k – $182k
NOI build-up
Gross scheduled income$118k
Vacancy & credit loss−$705
Operating expenses−$35k
NOI · 12.40% cap applied$82k

Realmo valuation models over county records and 8 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 comparables8

Cap rate analysis

How does the asset earn?
12.40%
$82k 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-2
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.1
Dental Office12.9
HVAC Service11.7

Location

20 Pleasant St Cumberland, RI 02864
County assessor Recorded deeds · 6 transfers 8 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2339 Diamond Hl, Cumberland, RI 02864-4703 $925,000 Dec 2024 3,360 SF
1700 Mendon, Cumberland, RI 02864-4870 $1,100,000 May 2024 3,779 SF
48 Wrentham, Cumberland, RI 02864-2102 $598,000 Dec 2022 4,679 SF
2 Meehan, Cumberland, RI 02864-1413 $565,000 May 2022 4,000 SF
8 Crepeau, Cumberland, RI 02864-2107 $250,000 Aug 2021 3,845 SF
1666 Diamond Hl, Cumberland, RI 02864-5510 $640,000 Jul 2021 4,716 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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