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Property profile & analytics
OFF-MARKET
Commercial real estate
1172 Main Rd, Portsmouth, RI 02871-1320
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0130375
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Total area
849 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LI
APN
PORT M:044 B:0003
UPID
US76-0130375
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
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
1127 Re Investment LLC · 4 yrs held
1127 Re Investment LLC
since 2022
Last sale
$325,000
5 recorded transactions
Zoning & alternative use
LI · Portsmouth, 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 Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,428
Tax year 2023
Assessed value
$346,500
Assessed 2023
Previous assessed
$259,100
+33.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$162,900
Assessed improvement
$183,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Heating
STEAM
Buildings
5
Units
1
Rooms
4
Bathrooms
1
Total area
849 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LI
APN
PORT M:044 B:0003
UPID
US76-0130375
Jurisdiction
PORTSMOUTH
Zoning & alternative use
LI · Portsmouth, RI
Zoning LI · permitted uses
LI · Portsmouth, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portsmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
STEAM
Buildings
5
Units
1
Rooms
4
Bathrooms
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
1127 Re Investment LLC
Entity
Mailing address
1172 W MAIN RD, PORTSMOUTH, RI 02871-1320
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
1127 Re Investment LLC
—
Deed
related
$309,000 · Centreville Bank
Mar 25, 2022
$325,000
1127 Re Investment LLC
Domingos Medeiros
Warranty Deed
$240,000 · Crowd Lending Fund
Dec 10, 2018
$180,000
Domingos Medeiros
Bryant,patricia L
Warranty Deed
$150,000 · Private Individual
Sep 17, 1999
$110,000
Robert L Bryant
Peoples Credit Union
Grant Deed
$70,000 · Bank Of Newport
Jul 24, 1991
$150,000
Cu Peoples
Serpa,joseph
Grant Deed
related
—
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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