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Property profile & analytics
OFF-MARKET Estimated value $4,500,000
Industrial properties

1033 Broad St Central Falls, RI 02863-1515

281,189 SF 5.25 ac lot Built 1900
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US76-0322256
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 281,189 SF
Lot 5.25 ac (228,612 SF)
Zoning code M-2
APN CENT M:02 P:24
UPID US76-0322256
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
  • Hasbro Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.42M
Blend (final) Blend
$4.50M
Owner & transaction history
Phoenix Central Falls Sil · 2 yrs held
Phoenix Central Falls Sil
since 2024
Last sale
$4.5M
1 recorded transaction
2024
$4.5M
Zoning & alternative use
M-2 · Central Falls, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-2 heavy industrial district. This zone is intended to provide for areas for heavy industrial uses, especially for those uses that are potentially hazardous, noxious or incompatible with the uses in any other zone. 101.4 - Overlay zoning districts. These are districts that are superimposed on existing zoning district(s) or part of a district and which impos…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 94.35 ac
Source Zoning Ordinance
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