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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Commercial real estate
172 Chapel St Burrillville, RI 02830-1349
Entity Owned
2-yr Hold
Free & Clear
Property ID
US76-0356553
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
BURR M:142 L:023
UPID
US76-0356553
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
-
VILLAGE MOTORS INC. d.b.a. (Eagle Motors Inc.) Auto Repair Shop
-
Sunoco Gas Station Gas Station
-
Village Martial Arts LLC Training Center Sports School
-
Eagle Motors Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
Courtyside LLC · 2 yrs held
Courtyside LLC
since 2023
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
GC · Burrillville, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of GC zone is envisioned as a broader mix of uses, though still heavy in services and still predominately in small buildings or occupying small spaces
Zone name
General Commercial
General category
COMMERCIAL
Zone area
371.02 ac
Source
Realmo
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 Burrillville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burrillville 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
$2,480,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10% · vs last sale $2.30M (Oct 25 2023)
Last sale anchor
$2.30M
Oct 25 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
—
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
$6,720
Tax year 2024
Assessed value
$448,600
Assessed 2024
Previous assessed
$448,600
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$113,600
Assessed improvement
$335,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
BURR M:142 L:023
UPID
US76-0356553
Jurisdiction
BURRILLVILLE
Zoning & alternative use
GC · Burrillville, RIZoning GC · permitted uses
GC · Burrillville, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of GC zone is envisioned as a broader mix of uses, though still heavy in services and still predominately in small buildings or occupying small spaces
Zone name
General Commercial
General category
COMMERCIAL
Zone area
371.02 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Courtyside LLC
Entity
Free & Clear · 2 yrs held
Mailing address
172 CHAPEL ST, BURRILLVILLE, RI 02830-1349
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
$2,300,000
Courtyside LLC
Robert A Depalo
Warranty Deed
—
Mar 19, 2008
—
Kathleen E Jorgenson
—
Deed Of Trust
related
$100,000 · Chapel Street Rlty
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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