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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Investment properties
164 Frnt St, Woonsocket, RI 02895-4695
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US76-0037492
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
4,891 SF
Lot
0.14 ac (6,156 SF)
Zoning code
MU1
APN
WOON M:15K L:227 U:17
UPID
US76-0037492
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
$765k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$655k
Owner & transaction history
Bluefin Properties LLC · 3 yrs held
Bluefin Properties LLC
since 2023
Last sale
$614,164
7 recorded transactions
Zoning & alternative use
MU1 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$935,000
+61.0%
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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
$780,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Current use
OFFICE BUILDING
$935,000
Change: +61% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $614k (Apr 28 2023)
Last sale anchor
$614k
Apr 28 2023
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
$134 / 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
$311,800
Assessed 2023
Previous assessed
$311,800
+0.0% YoY
Assessed land
$36,200
Assessed improvement
$275,600
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
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
7
Total area
4,891 SF
Lot
0.14 ac (6,156 SF)
Zoning code
MU1
APN
WOON M:15K L:227 U:17
UPID
US76-0037492
Jurisdiction
WOONSOCKET
Zoning & alternative use
MU1 · Woonsocket, RI
Zoning MU1 · permitted uses
MU1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$580,000
OFFICE BUILDING
Est. value
$935,000
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
1900
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
7
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bluefin Properties LLC
Entity
Mailing address
15 CIR ST, RUMFORD, RI 02916-1004
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Bluefin Properties LLC
Bluefin Woonsocket Two Ll
Quit Claim Deed
related
—
Jun 8, 2020
$2,502,680
Bluefin Woonsocket 3 LLC
Woonsocket 2e LLC
Quit Claim Deed
—
Apr 10, 2018
$614,164
Woonsocket 2 E LLC
Sunrise Realty LLC
Warranty Deed
—
Mar 27, 2015
$170,000
Sunrise Realty LLC
Pearce,daniel
Warranty Deed
$195,000 · Timothy K Tibbals
Mar 26, 2015
$145,000
Daniel Pearce
Braga David & Jessica
Warranty Deed
—
Jan 18, 2010
$140,000
David Braga
Hartford,david
Warranty Deed
$105,000 · Rockland Trust Co
Nov 14, 2003
$340,000
David Hartford
Barbosa,john F
Grant Deed
$272,000 · First Trade Union Savings Bank
Mar 26, 2003
$275,000
John F Barbosa
Nationwide Const Corp
Grant Deed
$206,250 · Citizens Bank Of Ri
—
—
Sunrise Realty LLC
—
Deed Of Trust
related
$3,000,000 · Navigant Cu
—
—
Sunrise Realty LLC
—
Deed Of Trust
related
$75,000 · Amba Capital Group In
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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