Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$390,000
Investment properties
1464 Warwick Ave Warwick, RI 02888-5037
Entity Owned
8-yr Hold
Property ID
US76-0018879
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Construction
FRAME
Total area
2,925 SF
Lot
0.37 ac (16,117 SF)
Zoning code
O
APN
WARW M:307 B:0411 L:0000
UPID
US76-0018879
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
-
Nakowicz Financial Services Financial Advisor
-
Nakowicz Payroll Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$390k
Owner & transaction history
Nakowicz 1464 LLC · 8 yrs held
Nakowicz 1464 LLC
since 2018
7 recorded transactions
Zoning & alternative use
O · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Office district (O). Properties mapped in accordance with subsection 303 of this ordinance and used primarily for professional and personal service offices, and low intensity businesses, which generally serve as a transition between residential and other nonresidential districts. The preservation of residential structures or the construction of new offices t…
Zone name
Office District
General category
COMMERCIAL
Zone area
571.78 ac
Source
code of ordinances
Top alternative use upside
Office building
$640,000
+8.6%
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 Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$590,000
Current use
OFFICE BUILDING
$640,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$390k
Range $351k – $429k · ±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
$133 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$354,600
Assessed 2023
Previous assessed
$262,400
+35.1% YoY
Assessed land
$103,800
Assessed improvement
$250,800
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
4
Bathrooms
1
Total area
2,925 SF
Lot
0.37 ac (16,117 SF)
Zoning code
O
APN
WARW M:307 B:0411 L:0000
UPID
US76-0018879
Jurisdiction
WARWICK
Zoning & alternative use
O · Warwick, RIZoning O · permitted uses
O · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Office district (O). Properties mapped in accordance with subsection 303 of this ordinance and used primarily for professional and personal service offices, and low intensity businesses, which generally serve as a transition between residential and other nonresidential districts. The preservation of residential structures or the construction of new offices that are residential in character is encouraged to the extent possible and where appropriate. 301.7.
Zone name
Office District
General category
COMMERCIAL
Zone area
571.78 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$590,000
OFFICE BUILDING
Est. value
$640,000
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
4
Bathrooms
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Nakowicz 1464 LLC
Entity
Mailing address
1464 WARWICK AVE, WARWICK, RI 02888-5037
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2018
—
Nakowicz 1464 LLC
—
Deed
related
$205,000 · Navigant Cu
Aug 9, 2018
—
Nakowicz 1464 LLC
Nakowicz,john J & Marsha M
Quit Claim Deed
related
—
Jun 15, 2012
$253,500
John J Nakowicz
Vet Support Organiz Nfs
Warranty Deed
$246,500 · Coastway Community Bank
Apr 7, 2011
—
Veterans Support Organize
—
Deed Of Trust
related
$100,000 · Coastway Cu
Oct 28, 2010
—
Veterans Support Nfs LLC
—
Deed Of Trust
related
$50,000 · Coastway Cu
Aug 3, 2010
$255,000
Veterans Support Nfs INC
Ekstrand,malcolm
Warranty Deed
$216,000 · Coastway Community Bank
—
—
Nakowicz 1464 LLC
—
Deed Of Trust
related
$205,000 · Navigant 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.
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 1464 Warwick Ave?
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.
