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Property profile & analytics
OFF-MARKET
Industrial properties
162 Oconnell St Providence, RI 02905-4813
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US76-0129121
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,514 SF
Lot
0.39 ac (17,069 SF)
Zoning code
M-MU-7
APN
PROV M:46 L:414
UPID
US76-0129121
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
Bcp Properties LLC · 1 yrs held
Bcp Properties LLC
since 2025
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
M-MU-7 · Providence, 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 Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Providence 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
$16,869
Tax year 2023
Assessed value
$480,600
Assessed 2023
Previous assessed
$480,600
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$117,500
Assessed improvement
$363,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
11,514 SF
Lot
0.39 ac (17,069 SF)
Zoning code
M-MU-7
APN
PROV M:46 L:414
UPID
US76-0129121
Jurisdiction
PROVIDENCE
Zoning & alternative use
M-MU-7 · Providence, RI
Zoning M-MU-7 · permitted uses
M-MU-7 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Bcp Properties LLC
Entity
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$655,000
Bcp Properties LLC
A Production Studios LLC
Deed
related
—
May 28, 2024
—
Social Rlty Of Providence
Providence City Of
Redemption Deed
related
—
Apr 12, 2024
$450,000
A Production Studios LLC
Socie Rlty Of Providence
Warranty Deed
$600,000 · Bluedog Capital Partners LLC
Jul 11, 2023
$19,218
Title Investments Rigp
Providence City Of
Public Action
related
—
Jun 7, 2023
$21,448
Social Rlty Of Providence
Providence By City Treasu
Redemption Deed
related
—
Oct 14, 2021
$18,914
Reservoir Adventures LLC
Providence City Of
Public Action
related
—
Aug 16, 2021
$19,796
Social Rlty Providence Ri
Providence City Of
Redemption Deed
related
—
Oct 1, 2020
$17,140
Caroline Green
Providence City Of
Tax Deed
related
—
Feb 16, 2018
$335,000
Social Rlty Of Providence
162 Oconnell St Re LLC
Warranty Deed
—
Jun 4, 2013
—
162 Oconnell St Re LLC
—
Deed Of Trust
related
$1,425,000 · Independence Savings Bank
Apr 21, 2011
—
162 Oconnell St Re LLC
—
Deed Of Trust
related
$1,500,000 · Independence Community Bank
Jun 24, 2008
$575,000
162 Oconnell St Re
Walter Behm
Deed
$460,000 · Bank Of Rhode Island
Oct 20, 1998
—
Walter Behm
—
Deed Of Trust
related
$200,000 · Bankboston Development Co LLC
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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