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Property profile & analytics
OFF-MARKET
Commercial real estate
111 Hopkins Hl Rd 3 West Greenwich, RI 02817-1709
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US76-0320647
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2011
Construction
STEEL FRAME
Total area
3,750 SF
Lot
0.55 ac (23,958 SF)
Zoning code
INDA
APN
WGRE M:003 B:0016 L:3
UPID
US76-0320647
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
-
Dunkin' Cafe & Coffee Shop
-
Avalon Design Group, LLC Landscaping General Contractor
-
D & D Irrigation Co General Contractor Construction Company
-
D&D Irrigation Co Inc General Contractor Construction Company
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
Ddg Props LLC · 14 yrs held
Ddg Props LLC
since 2011
2 recorded transactions
Zoning & alternative use
INDA · West Greenwich, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
7; 7-11-2018; 12-12-2018; 12-11-2019; 2-16-2021; 9-8-2021; 1-4-2023; 2-15-2023; 12-13-2023; 4-10-2024; 2-12-2025; 12-10-2025] Use Category RFR-2 RFR-1 OSPL Neighborhood Business Highway Business Exit 7 (now Exit 21) SMD IND A IND B CZD SVD 0 RESIDENTIAL 01 Single-family P P X P P X X X X P 02 Two-family P** P** X X X X X X X P 03 Multifamily X X X X S X X X…
Zone name
Industrial A
General category
INDUSTRIAL
Zone area
478.90 ac
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 West Greenwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Greenwich 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
$7,735
Tax year 2024
Assessed value
$325,700
Assessed 2024
Previous assessed
$311,000
+4.7% YoY
Effective rate
2.37%
On assessed value
Assessed land
$122,000
Assessed improvement
$203,700
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
1
Stories
1
Total area
3,750 SF
Lot
0.55 ac (23,958 SF)
Zoning code
INDA
APN
WGRE M:003 B:0016 L:3
UPID
US76-0320647
Jurisdiction
WEST GREENWICH
Zoning & alternative use
INDA · West Greenwich, RIZoning INDA · permitted uses
INDA · West Greenwich, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
7; 7-11-2018; 12-12-2018; 12-11-2019; 2-16-2021; 9-8-2021; 1-4-2023; 2-15-2023; 12-13-2023; 4-10-2024; 2-12-2025; 12-10-2025] Use Category RFR-2 RFR-1 OSPL Neighborhood Business Highway Business Exit 7 (now Exit 21) SMD IND A IND B CZD SVD 0 RESIDENTIAL 01 Single-family P P X P P X X X X P 02 Two-family P** P** X X X X X X X P 03 Multifamily X X X X S X X X X P 04 Bed-and-breakfast S S X X X X X X X X 05 Hotels and motels X X X X S P X X P X
Zone name
Industrial A
General category
INDUSTRIAL
Zone area
478.90 ac
Building & site characteristics
From public records
Year built
2011
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Ddg Props LLC
Entity
Mailing address
PO BOX 35, COVENTRY, RI 02816-0001
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2012
—
Ddg Props LLC
—
Deed Of Trust
related
$187,000 · Ocean State Development INC
Aug 25, 2011
$130,000
Ddg Props LLC
Gansett Assoc LLC
Warranty Deed
$180,000 · Coastway Cu
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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