Property profile

1114 Broad St Central Falls, RI 02863

OFF-MARKET
Showrooms
Property ID
US76-0357578
10,800 SF 1.27 ac lot Built 1999
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,800 SF
Lot 1.27 ac (55,291 SF)
Zoning code C-2
APN CENT M:03 P:2
UPID US76-0357578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pharmacy

Location

1114 Broad St Central Falls, RI 02863-1509
Central Falls metro Census 10900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.00M
CAP Approach CAP
$1.97M
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$2.95M

Owner & transaction history

since 2020
Last sale
$2.5M
5 recorded transactions
2021
Price N/A
2020
$2.3M
2010
$1.9M
2008
$1.7M
1998
$440,000

Zoning & alternative use

C-2 · Central Falls, RI
Zoning description

C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.

General category COMMERCIAL
Top alternative use upside
Office building $2.1M +62.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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