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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Showrooms
1136 Main St Richmond, RI 02898-1074
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0044735
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1796
Construction
FRAME
Total area
8,126 SF
Lot
1.16 ac (50,530 SF)
APN
RICH M:04A B:004 L:000
UPID
US76-0044735
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
-
Stagecoach House Inn Bed & Breakfast Restaurant
-
The Blue Fairey Home Decor Store Department Store
-
Oddz & Endz Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$916k
Blend (final)
Blend
$860k
Owner & transaction history
Wood River Stagecoach Inn · 4 yrs held
Wood River Stagecoach Inn
since 2021
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
Method
Estimation
Statistic approach
$915,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,425,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $750k (Aug 24 2021)
Last sale anchor
$750k
Aug 24 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,602
Tax year 2023
Assessed value
$718,300
Assessed 2023
Previous assessed
$718,300
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$235,100
Assessed improvement
$483,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1796
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
14
Total area
8,126 SF
Lot
1.16 ac (50,530 SF)
APN
RICH M:04A B:004 L:000
UPID
US76-0044735
Jurisdiction
RICHMOND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.4M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1796
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
14
Lot
1.16 ac
Current owner
From public records · entity-resolved
Wood River Stagecoach Inn
Individual
Mailing address
2230 10TH ROD RD, EXETER, RI 02822-1305
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2021
$750,000
Wood River Stagecoach Inn
Debille LLC
Warranty Deed
$500,000 · Banknewport
Jun 3, 2019
—
Debille LLC
Debille LLC
Correction Deed
related
$25,000 · Banknewport
Jun 6, 2008
$1
Thomas D Rekowski
Rekowski,thomas D
Grant Deed
related
—
Jun 27, 2003
$850,000
Debille LLC
Stagecoach Ptnshp LLC
Grant Deed
$496,641 · Bank Of Newport
Jun 27, 2003
—
Debille LLC
—
Grant Deed
related
$150,000 · Kenneth W Boucher
Aug 3, 2000
—
Stagecoach Prtnershp
—
Deed Of Trust
related
$300,000 · First Bank & Trust
May 23, 2000
$120,000
Stagecoach LLC
Rodgers,guy E
Grant Deed
—
—
—
Debille LLC
—
Deed Of Trust
related
$291,000 · Banknewport
—
—
Debille LLC
—
Deed Of Trust
related
$25,000 · Banknewport
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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