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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Industrial properties
10 Industrial Rd Cumberland, RI 02864-4715
Entity Owned
~
Est. High Equity
Property ID
US76-0365720
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,106 SF
Lot
0.46 ac (20,038 SF)
Zoning code
C-1
APN
CUMB M:024 B:0227 L:000
UPID
US76-0365720
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$820k
Owner & transaction history
Undercurrent Hldg LLC
Undercurrent Hldg LLC
since 2026
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
C-1 · Cumberland, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1: Limited Commercial District. This zoning district is intended for neighborhood commercial areas that primarily serve local neighborhood needs for convenience retail, services and professional office establishments.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
232.37 ac
Top alternative use upside
Office building
$1.4M
+130.8%
Commercial (general)
$990,000
+68.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,000,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$590,000
Current use
OFFICE BUILDING
$1,360,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$990,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $750k (Dec 2 2020)
Last sale anchor
$750k
Dec 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,869
Tax year 2024
Assessed value
$658,500
Assessed 2024
Previous assessed
$658,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$157,200
Assessed improvement
$501,300
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
7,106 SF
Lot
0.46 ac (20,038 SF)
Zoning code
C-1
APN
CUMB M:024 B:0227 L:000
UPID
US76-0365720
Jurisdiction
CUMBERLAND
Zoning & alternative use
C-1 · Cumberland, RIZoning C-1 · permitted uses
C-1 · Cumberland, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1: Limited Commercial District. This zoning district is intended for neighborhood commercial areas that primarily serve local neighborhood needs for convenience retail, services and professional office establishments.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
232.37 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$590,000
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$990,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Undercurrent Hldg LLC
Entity
Mailing address
10 INDUSTRIAL RD, CUMBERLAND, RI 02864-4715
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
$810,000
Undercurrent Hldg LLC
Yasaa LLC
Warranty Deed
$537,500 · Centreville Bank
Mar 19, 2026
—
Undercurrent Hldg LLC
—
Deed
related
$443,000 · Ocean State Business Development Auth
Dec 2, 2020
$750,000
Yasaa LLC
Simon S Khiev
Warranty Deed
$512,000 · Pawtucket Cu
Oct 3, 2016
$400,000
Simon S Khiev
Rj Pratt Co INC
Warranty Deed
$385,000 · Rj Pratt Co INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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