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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Industrial properties

1075 High St Central Falls, RI 02863-1505

31,870 SF 1.65 ac lot Built 1937
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US76-0324266
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1937
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,870 SF
Lot 1.65 ac (71,752 SF)
Zoning code M-2
APN CENT M:02 P:188
UPID US76-0324266
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
  • Latinamerica Distributors Department Store
  • Las quesudas colombianas Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.04M
Owner & transaction history
Latinamerica Realty INC · 4 yrs held
Latinamerica Realty INC
since 2021
Last sale
$850,000
7 recorded transactions
2021
$850,000
2021
Price N/A
2013
Price N/A
2011
Price N/A
2004
Price N/A
2003
Price N/A
2002
$135,000
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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