Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,990,000
Showrooms
1440 Wampanoag Trl Riverside, RI 02915-1045
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US76-0069056
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1992
Total area
84,316 SF
Lot
8.15 ac (355,014 SF)
Zoning code
C1
APN
EPRO M:811 B:07 L:022 U:
UPID
US76-0069056
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
-
East Bay Apartment Building
-
Anchor Bay at East Providence Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.33M
Comparable Approach
Comparable
$12.82M
Blend (final)
Blend
$12.99M
Owner & transaction history
Propco Ohi
Propco Ohi
since 2026
6 recorded transactions
Zoning & alternative use
C1 · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,600,000
6.5%
$15,325,000
7%
$14,230,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,255,000
Current use
Blend value · Realmo final
$12.99M
Range $11.69M – $14.29M · ±10%
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
$154 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$294,273
Tax year 2024
Assessed value
$12,302,400
Assessed 2024
Previous assessed
$12,302,400
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$4,000,000
Assessed improvement
$8,302,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1992
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
3
Units
100
Rooms
19
Bathrooms
4
Total area
84,316 SF
Lot
8.15 ac (355,014 SF)
Zoning code
C1
APN
EPRO M:811 B:07 L:022 U:
UPID
US76-0069056
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C1 · Riverside, RI
Zoning C1 · permitted uses
C1 · Riverside, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.3M
COMMERCIAL (GENERAL) Current
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
1992
Heating
BASEBOARD
Cooling
Yes
Stories
3
Buildings
1
Units
100
Rooms
19
Bathrooms
4
Lot
8.15 ac
Current owner
From public records · entity-resolved
Propco Ohi
Individual
Mailing address
1422 CLARKVIEW RD, BALTIMORE, MD 21209-2385
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 2, 2026
—
Propco Ohi
East Bay Al Re LLC
Quitclaim Deed
—
Apr 2, 2024
—
East Bay Al Re LLC
—
Deed
related
—
Jan 18, 2019
—
East Bay Al Re LLC
Hcp Hb2 Greenwich Ew
Quit Claim Deed
related
$36,848 · Keybank USA
Feb 17, 2004
$12,059,000
C N L Retirement Hbz LP
Senior Lifestyle E Bay LP
Grant Deed
$82,235,000 · Fannie Mae
Dec 17, 2003
—
Lifestyle E Bay LP Senior
—
Deed Of Trust
related
$82,000,000 · Collateral Mtg Cp LLC
Apr 20, 1999
$668,000
Lifestyle Bay Senior
East Bay Manor LP
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.
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?”
You own 1440 Wampanoag Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
