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Financial
Distress signals
Property profile

1159 Broad St Central Falls, RI 02863

OFF-MARKET
Industrial properties
Property ID
US76-0324273
344,976 SF 9.43 ac lot Built 1900
Last sale Aug 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Central Falls, Rhode Island industrial warehouse offers 325,120 square feet of space, with 254,127 square feet currently vacant and available for lease. The property, completely renovated in 2022, boasts a single, two-story building situated on 11.94 acres of land. Features include 14 dock-high doors and 12 drive-in doors, providing ample access for loading and unloading. The warehouse offers impressive ceiling heights ranging from 8'10" to 32', 300 total parking spaces,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$113k
Tax billed · 2020
Assessed value · 2024$3.49M
Assessed land$1.31M
Assessed improvement$2.17M
Effective rate3.23%

Value estimate

· Oct 2026
$12.54M
$11.29M – $13.79M
Submarket $/SF estimate$15.00M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-2
M-2 heavy industrial district. This zone is intended to provide for areas for heavy industrial uses, especially for those uses that are p...
General categoryINDUSTRIAL
JurisdictionCENTRAL FALLS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency42.9
Law Firm37.3
Dental Office23.6

Location

1159 Broad St Central Falls, RI 02863-1502
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1033 Broad, Central Falls, RI 02863-1515 $4,500,000 Jun 2024 281,189 SF
817 Dexter, Central Falls, RI 02863-1704 $3,200,000 Jun 2022 66,241 SF
1075 High, Central Falls, RI 02863-1505 $850,000 Dec 2021 31,870 SF
31 Conduit, Central Falls, RI 02863-1221 $230,000 Sep 2021 15,556 SF
413 Roosevelt, Central Falls, RI 02863 $1,100,000 Apr 2021 75,507 SF
13 Conduit, Central Falls, RI 02863-1221 $110,000 Nov 2019 18,021 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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