Entity Owned Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1856
Total area
8,686 SF
Lot
0.65 ac (28,314 SF)
Zoning code
R10
APN
MIDD M:0108 B:SE L:57
UPID
US76-0321116
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
-
Hotel & Motel Bed & Breakfast
-
Hotel & Motel
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.73M
Owner & transaction history
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
R10 · Middletown, RI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 20 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.73M
Value range
$1.55M – $1.90M
±10% around blend
Estimated value / SF
$199 / SF
Confidence
High
20 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.55M
blend $1.73M
$1.90M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,686 SF
Lot area
0.65 ac
Year built
1856
Stories
3
APN
MIDD M:0108 B:SE L:57
Zoning
R10
Assessed value
$1,663,900
Annual tax
$21,597
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.36M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.47M
@ 6.5% CAP return
$1.36M
@ 7% CAP return
$1.26M
4
Sales comparison
Partial preview
Sales approach indication
$1.46M
Weighted, 20 comps · high confidence
Evidence
20 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.5 mi away · 10,800 SF
9.3 mi away · 9,085 SF
10.1 mi away · 10,800 SF
13.7 mi away · 7,200 SF
15.7 mi away · 9,240 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.73M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$258
-23%
Submarket 166 sales
$327
-39%
County 265 sales
$297
-33%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $199/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 20 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
5.10%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.10%
9.0%
NOI (est.)
$158k *
Last sale · Dec 2023
$2.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.09M
Move the market yield to see immediate price impact.
Value / SF
$356
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.60%5.10%5.60%
$142k
$3.08M
$2.78M
$2.53M
$158k
$3.42M
$3.09M
$2.81M
$173k
$3.77M
$3.40M
$3.09M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
20 found
High confidence · county-verified
Closest comparable
$1.80M
0.3 mi · Feb 2026 · $274/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,597
Tax year 2024
Assessed value
$1,663,900
Assessed 2024
Previous assessed
$1,338,100
+24.3% YoY
Effective rate
1.30%
On assessed value
Assessed land
$467,100
Assessed improvement
$1,196,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1856
Heating
STEAM
Buildings
1
Stories
3
Units
8
Rooms
12
Bathrooms
8
Total area
8,686 SF
Lot
0.65 ac (28,314 SF)
Zoning code
R10
APN
MIDD M:0108 B:SE L:57
UPID
US76-0321116
Jurisdiction
MIDDLETOWN
Zoning & alternative use
R10 · Middletown, RIZoning R10 · permitted uses
R10 · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1856
Heating
STEAM
Stories
3
Buildings
1
Units
8
Rooms
12
Bathrooms
8
Lot
0.65 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R10
Jurisdiction
Middletown, RI
Recorded code
R10
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R10 in Middletown, RI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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