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Property profile & analytics
FOR LEASE
Showrooms
1225 Atwood Ave, Johnston, RI 02919
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0367861
For Lease
1 / 2
$2,400/Mo
1225 Atwood Ave, Johnston, RI 02919
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,977 SF
Lot
0.3 ac (13,250 SF)
Zoning code
B1
APN
JOHN M:0024 L:112
UPID
US76-0367861
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
1225 Associates LLC · 2 yrs held
1225 Associates LLC
since 2024
6 recorded transactions
Zoning & alternative use
B1 · Johnston, 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 Johnston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnston 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
$7,765
Tax year 2024
Assessed value
$283,100
Assessed 2024
Previous assessed
$283,100
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$160,200
Assessed improvement
$122,900
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 Lease
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
2,977 SF
Lot
0.3 ac (13,250 SF)
Zoning code
B1
APN
JOHN M:0024 L:112
UPID
US76-0367861
Jurisdiction
JOHNSTON
Zoning & alternative use
B1 · Johnston, RI
Zoning B1 · permitted uses
B1 · Johnston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Johnston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
1225 Associates LLC
Entity
Mailing address
46 CARON WAY, NORTH SCITUATE, RI 02857-2700
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
—
1225 Associates LLC
David F Carrara
Quit Claim Deed
related
—
Feb 8, 2024
—
1225 Associates LLC
David F Carrara
Quit Claim Deed
related
—
Aug 29, 2008
—
David F Carrara
—
Deed Of Trust
related
$225,000 · Bank Of America
Mar 29, 2006
—
David F Carrara
—
Deed Of Trust
related
$120,000 · Ocean National Bank
Aug 15, 1990
—
George A Calcogni
—
Deed Of Trust
related
$125,000 · Bank Of N E Old Colony
Apr 20, 1989
—
David Corrava
—
Deed Of Trust
related
$43,000 · Columbian Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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