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Property profile & analytics
OFF-MARKET
Showrooms
1318 Plainfield St, Johnston, RI 02919-6840
Individually Owned
Free & Clear
Property ID
US76-0372640
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,512 SF
Lot
0.03 ac (1,285 SF)
Zoning code
B2
APN
JOHN M:0003 L:369
UPID
US76-0372640
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
Jose Espejo
Jose Espejo
since 2025
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
B2 · 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
$4,819
Tax year 2024
Assessed value
$175,700
Assessed 2024
Previous assessed
$175,700
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$35,500
Assessed improvement
$140,200
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
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,512 SF
Lot
0.03 ac (1,285 SF)
Zoning code
B2
APN
JOHN M:0003 L:369
UPID
US76-0372640
Jurisdiction
JOHNSTON
Zoning & alternative use
B2 · Johnston, RI
Zoning B2 · permitted uses
B2 · 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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Jose Espejo
Individual
Free & Clear · 0 yrs held
Mailing address
1318 PLAINFIELD ST, JOHNSTON, RI 02919-6840
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2025
$350,000
Jose Espejo
Kelvin Taveras Agency LLC
Warranty Deed
—
Jun 4, 2024
—
Kelvin Taveras Agency LLC
—
Deed
related
$61,800 · Us Small Business Administration
Jul 7, 2021
—
Kelvin R Taveras
Snow Realty Rigp
Redemption Deed
related
—
May 27, 2021
—
Kelvin Taveras Agency LLC
Kelvin R Taveras
Quit Claim Deed
related
$50,000 · Harborone Bank
Oct 4, 2019
$97,250
Kelvin Rafail-taveras
Jose Mendez
Grant Deed
$77,800 · Spindrift Invs
Sep 27, 2019
$65,000
Jose Mendez
Tri S Assoc
Warranty Deed
$52,000 · Spindrift Invs
May 31, 2019
$85,000
Tri S Assoc
Singh,anthony
Deed In Lieu Of Foreclosure
related
—
Feb 7, 2008
—
Anthony Singh
—
Deed Of Trust
related
$85,000 · Tri S Assoc
Nov 1, 2004
$112,000
Anthony Singh
Mai Tai Investments
Grant Deed
$68,544 · Equity One INC
Nov 19, 2002
$40,000
Mai Tai Investmnts INC
Coastway Credit Union
Grant Deed
—
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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