New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Manufacturing properties
115 Ricard St Woonsocket, RI 02895-4917
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US76-0151301
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
52,290 SF
Lot
3.37 ac (146,797 SF)
Zoning code
I1
APN
WOON M:49B L:246 U:9
UPID
US76-0151301
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
-
C & K Supply Factory Metal Fabrication Plant
-
Carriere's Upholstery Inc Furniture & Home Goods
-
Iron Rock Realty, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$1.99M
Owner & transaction history
Rsw Props · 11 yrs held
Rsw Props
since 2014
7 recorded transactions
Zoning & alternative use
I1 · Woonsocket, RI
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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±10%
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
$38 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,041
Tax year 2024
Assessed value
$446,300
Assessed 2024
Previous assessed
$446,300
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$136,100
Assessed improvement
$310,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
1
Stories
2
Units
8
Bathrooms
8
Total area
52,290 SF
Lot
3.37 ac (146,797 SF)
Zoning code
I1
APN
WOON M:49B L:246 U:9
UPID
US76-0151301
Jurisdiction
WOONSOCKET
Zoning & alternative use
I1 · Woonsocket, RI
Zoning I1 · permitted uses
I1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
2
Buildings
1
Units
8
Bathrooms
8
Lot
3.37 ac
Current owner
From public records · entity-resolved
Rsw Props
Individual
Mailing address
115 RICARD ST, WOONSOCKET, RI 02895-4917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 27, 2024
—
Iron Rock Realty LLC
—
Deed
related
$1,108,000 · Sachem Capital Corp
Oct 18, 2016
—
Rsw Properties LLC
—
Deed
related
$280,000 · Sachem Cap Ptnrs LLC Sachem Cap Ptnrs LLC
Oct 3, 2014
$50,000
Rsw Props
Hetu Donna
Trustees Deed
—
Mar 9, 2009
—
Ajm Rlty
—
Deed Of Trust
related
$500,000 · Freedom Mortgage
Jul 6, 2006
—
Ajm Realty LLC
—
Deed Of Trust
related
$500,000 · Freedom Mortgage
Jun 28, 2006
$320,000
Brickhouse LLC
Ocbb Re LLC
Grant Deed
$256,000 · Freedom Mortgage
Sep 17, 2004
—
Jeanne E Ryan
—
Deed Of Trust
related
$250,000 · Citizens Bank Of Ri
Jul 12, 1994
$225,000
Majer Grabie
Lindemann,bruce T
Grant Deed
—
—
—
Rsw Properties LLC
—
Deed Of Trust
related
$280,000 · Sachem Cap Ptnrs LLC Sachem Cap Ptnrs LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Ricard St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
