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Property profile & analytics
OFF-MARKET
Industrial properties
101 Commercial Way 3 East Providence, RI 02914-1024
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0044963
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1980
Total area
7,648 SF
Lot
1.89 ac (82,328 SF)
Zoning code
I3
APN
EPRO M:506 B:01 L:007 U:3
UPID
US76-0044963
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
Current use
Occupant on record · Public records
-
S&S AUTO LLC Auto Parts Store Waste Management Facility
-
Boydco Inc Auto Repair Shop Vehicle Inspection Center
-
Vieira's Landscaping Landscaping General Contractor
-
Natures Frontier Landscaping Construction & Property Management Landscaping General Contractor
-
All Mobile Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L & E Prop LLC · 2 yrs held
L & E Prop LLC
since 2024
Last sale
$500,000
4 recorded transactions
Zoning & alternative use
I3 · East Providence, RI
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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Providence 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,632
Tax year 2024
Assessed value
$444,500
Assessed 2024
Previous assessed
$444,500
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$242,800
Assessed improvement
$201,700
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
7,648 SF
Lot
1.89 ac (82,328 SF)
Zoning code
I3
APN
EPRO M:506 B:01 L:007 U:3
UPID
US76-0044963
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
I3 · East Providence, RIZoning I3 · permitted uses
I3 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
L & E Prop LLC
Entity
Mailing address
101 COMMERCIAL WAY UNIT #3, EAST PROVIDENCE, RI 02914-1024
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
May 8, 2024
$500,000
L & E Prop LLC
Engineered Speacilties In
Warranty Deed
$500,000 · Engineered Specialtie
Sep 12, 2022
—
Engineered Specialties
Lee A&c H Sprague Ret
Quit Claim Deed
related
—
Jul 30, 2020
—
Sprague,lee A & C H Trust
Engineered Specialties
Quit Claim Deed
related
—
—
—
Engineered Specialties
—
Deed Of Trust
related
$250,000 · Webster Bk
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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