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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Investment properties
1211 Main St, West Warwick, RI 02893-4834
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0400184
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1927
Total area
7,026 SF
Lot
0.1 ac (4,487 SF)
Zoning code
B
APN
WWAR 005-0357-0-000
UPID
US76-0400184
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
-
Emerge Boxing Gym & Fitness Center
-
Party Line Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.07M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Jdm Holdings LLC · 2 yrs held
Jdm Holdings LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
B · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+50.0%
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 West Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Warwick 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
$2,075,000
ML approach
$2,065,000
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,335,000
7%
$1,240,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,055,000
Current use
OFFICE BUILDING
$1,580,000
Change: +50% · Conversion: Easy
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.57M (Oct 16 2023)
Last sale anchor
$1.57M
Oct 16 2023
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
$222 / 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
Assessed value
$370,100
Assessed 2023
Previous assessed
$370,100
+0.0% YoY
Assessed land
$60,800
Assessed improvement
$309,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1927
Heating
HOT WATER
Buildings
1
Stories
2
Units
5
Rooms
16
Bathrooms
5
Total area
7,026 SF
Lot
0.1 ac (4,487 SF)
Zoning code
B
APN
WWAR 005-0357-0-000
UPID
US76-0400184
Jurisdiction
WEST WARWICK
Zoning & alternative use
B · West Warwick, RI
Zoning B · permitted uses
B · West Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Warwick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
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
1927
Heating
HOT WATER
Stories
2
Buildings
1
Units
5
Rooms
16
Bathrooms
5
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jdm Holdings LLC
Entity
Mailing address
1211 MAIN ST, WEST WARWICK, RI 02893-4834
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2026
—
Stage Point Fund LLC
—
Deed
related
$95,000 · Point 2 Fund LLC
Apr 21, 2025
—
Jdm Holdings LLC
—
Deed
related
$2,180,000 · Centreville Bank
Apr 24, 2024
—
Jdm Holdings LLC
—
Deed
related
$200,000 · Stage Point Fund LLC
Jan 3, 2024
—
Jdm Holdings LLC
—
Deed
related
$161,000 · Stage Point Fund LLC
Oct 16, 2023
$1,570,000
Jdm Holdings LLC
Terms For Keys LLC
Warranty Deed
$668,830 · 3z Realty LLC
Dec 9, 2022
$825,000
Terms For Keys LLC
3z Realty LLC
Warranty Deed
$675,000 · 3z Realty LLC
Jul 21, 2011
$455,000
Equity One Mtg INC
Zarokostas,kimon
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jun 23, 2010
$17,593
Dev Westcott
Zarokostas,kimon
Grant Deed
—
Dec 15, 2005
—
Kimon Zarokostas
—
Deed Of Trust
related
$200,000 · Zenon Grzybowski
Jul 30, 2004
—
Ilias Zarokostas
—
Deed Of Trust
related
$388,850 · Equity One INC
Mar 19, 2002
$225,000
Ilias Zarokostas
Sepe,joseph R
Grant Deed
$180,000 · Zenon Grzybowski
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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