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Property profile & analytics
FOR SALE
Showrooms
1220 Broad St Central Falls, RI 02863
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US76-0322833
For Sale
1 / 30
$1,300,000
1220 Broad St, Central Falls, RI 02863
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
FRAME
Total area
5,740 SF
Lot
0.29 ac (12,645 SF)
Zoning code
C-2
APN
CENT M:03 P:54
UPID
US76-0322833
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
-
M & J Auto Car Dealership
-
M & J Automotive Auto Repair Shop
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
Cu Island LLC · 17 yrs held
Cu Island LLC
since 2008
7 recorded transactions
Zoning & alternative use
C-2 · Central Falls, 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 Central Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Falls 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,728
Tax year 2024
Assessed value
$314,300
Assessed 2024
Previous assessed
$314,300
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$178,200
Assessed improvement
$136,100
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,740 SF
Lot
0.29 ac (12,645 SF)
Zoning code
C-2
APN
CENT M:03 P:54
UPID
US76-0322833
Jurisdiction
CENTRAL FALLS
Zoning & alternative use
C-2 · Central Falls, RI
Zoning C-2 · permitted uses
C-2 · Central Falls, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Cu Island LLC
Entity
Mailing address
1220 BROAD ST, CENTRAL FALLS, RI 02863-1509
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Cv Island II LLC
—
Deed
related
$405,000 · James Investments LLC
Nov 1, 2022
—
Cv Island 2 LLC
—
Deed
related
$126,000 · St James Investments
Aug 29, 2017
—
Cv Island 2nd LLC
—
Deed
related
$160,000 · Stjames Invtrs LLC
Sep 11, 2008
$345,000
Cu Island LLC
Manitha Realty LLC
Warranty Deed
$101,534 · Pierre Francois
Feb 8, 2005
$192,000
Manitha Realty LLC
Gjm Realty LLC
Grant Deed
—
Sep 29, 1997
$100,000
Gjm Realty LLC
Nunes,john A
Grant Deed
—
Mar 8, 1993
$165,000
Emmanuel G Rodrigues
Bedard,roger A
Grant Deed
$175,000 · Zenon Grzybowski
—
—
Cv Island 2nd LLC
—
Deed Of Trust
related
$160,000 · Stjames Invtrs 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?”
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