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Property profile & analytics
OFF-MARKET
Commercial real estate
147 Water St 1S Warren, RI 02885-3048
Entity Owned
2-yr Hold
Free & Clear
Property ID
US76-0218555
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1920
Construction
FRAME
Total area
728 SF
Lot
0.2 ac (8,712 SF)
Zoning code
VB
APN
WARR M:2 L:29
UPID
US76-0218555
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
-
Coastal Living Design Center General Contractor
-
Engel & Völkers Barrington East Bay Real Estate Agency
-
Nest Home Decor Store Department Store
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
West End Development Corp · 2 yrs held
West End Development Corp
since 2023
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
VB · Warren, 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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,013
Tax year 2023
Assessed value
$147,400
Assessed 2023
Previous assessed
$147,400
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed improvement
$147,400
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
728 SF
Lot
0.2 ac (8,712 SF)
Zoning code
VB
APN
WARR M:2 L:29
UPID
US76-0218555
Jurisdiction
WARREN
Zoning & alternative use
VB · Warren, RI
Zoning VB · permitted uses
VB · Warren, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
West End Development Corp
Entity
Free & Clear · 2 yrs held
Mailing address
147 WATER ST UNIT 1S, WARREN, RI 02885-3048
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
$2,742
West End Development Corp
Fung Chan
Redemption Deed
related
—
Jun 30, 2023
$2,234
West End Development Corp
Gretchen U Coleman
Public Action
related
—
May 27, 2021
$145,000
Gretchen U Coleman
Candace A Casala Ft
Deed
—
Jan 16, 2007
—
Candace A Casala
—
Deed Of Trust
related
$390,000 · Shamrock Financial Corp
Mar 10, 2006
—
Candace A Casala
—
Deed Of Trust
related
$284,000 · Gmac Mortgage Corp Pa
Mar 30, 2005
—
Candace A Casala
—
Deed Of Trust
related
$284,000 · Gmac Mortgage Corp Pa
Jan 16, 2004
—
Candace Casala
—
Deed Of Trust
related
$192,980 · Gmac Mortgage Corp Pa
Jun 5, 2000
—
Candace A Casala
—
Deed Of Trust
related
$150,000 · Mit Lending
May 6, 1999
—
Candace A Casala
—
Deed Of Trust
related
$90,000 · Fec Mortgage Corp
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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