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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Investment properties
14 Phillips St North Kingstown, RI 02852-5168
Entity Owned
4-yr Hold
Free & Clear
Property ID
US76-0120439
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
FRAME
Total area
2,670 SF
Lot
0.15 ac (6,370 SF)
Zoning code
WVC
APN
NKIN M:092 B:027
UPID
US76-0120439
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
-
The Shore Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$621k
Blend (final)
Blend
$745k
Owner & transaction history
Grep Villa LLC · 4 yrs held
Grep Villa LLC
since 2022
Last sale
$728,649
6 recorded transactions
Zoning & alternative use
WVC · North Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to encourage small-scale business and residential uses consistent with the historic and pedestrian-scale characteristics that exist and are desired to be retained and which are unique to Wickford Village.
Zone name
Wickford Village Center
General category
COMMERCIAL
Zone area
16.81 ac
Source
Realmo
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 North Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Kingstown 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
$815,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Current use
OFFICE BUILDING
$470,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $729k (Jan 20 2022)
Last sale anchor
$729k
Jan 20 2022
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
$279 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$9,314
Tax year 2021
Assessed value
$576,700
Assessed 2024
Previous assessed
$576,700
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$370,700
Assessed improvement
$206,000
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
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
1850
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Units
4
Rooms
12
Bathrooms
4
Total area
2,670 SF
Lot
0.15 ac (6,370 SF)
Zoning code
WVC
APN
NKIN M:092 B:027
UPID
US76-0120439
Jurisdiction
NORTH KINGSTOWN
Zoning & alternative use
WVC · North Kingstown, RIZoning WVC · permitted uses
WVC · North Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to encourage small-scale business and residential uses consistent with the historic and pedestrian-scale characteristics that exist and are desired to be retained and which are unique to Wickford Village.
Zone name
Wickford Village Center
General category
COMMERCIAL
Zone area
16.81 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$510,000
OFFICE BUILDING
Est. value
$470,000
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
1850
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Units
4
Rooms
12
Bathrooms
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Grep Villa LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14 PO BOX 412TH ST, NORTH KINGSTOWN, RI 02852-0412
Ownership since
2022
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 29, 2022
—
Grep Villa LLC
—
Deed
related
$581,250 · Centreville Bank
Jan 20, 2022
$728,649
Grep Villa LLC
14 Phillips Street LLC
Warranty Deed
—
Sep 16, 2021
$630,000
14 Phillips St LLC
Kj Gallup Realty LLC
Warranty Deed
$650,000 · Dean M Denuccio
Dec 19, 2017
—
Kj Gallup Realty LLC
Kj Gallup Realty LLC
Quit Claim Deed
related
—
Nov 21, 2000
$265,000
Kenneth G Gallup
Mccarthy,wayne M
Grant Deed
—
Dec 9, 1996
$165,000
Wayne M Mccarthy
Richardson,charles C
Grant Deed
$149,700 · Domestic Loan & Investment Bk
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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