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    Property profile & analytics

    18 1st Ave East Greenwich, RI 02818-3617

    • Showrooms
    • 2,064 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US76-0219826
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for 18 1st Ave

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    2,064 SF
    Zone code
    CD1
    Property type
    Showrooms
    APN
    EGRE M:075 B:003 L:073 U:0000
    APU
    EGREM075B003L073U0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $495,000
      7%
      $580,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $450,000
      Mixed-Use
      $460,000
      Hospitality
      $500,000
      Educational
      $410,000
      Residential Income
      $465,000
      Energy
      $495,000
      Income-Based Land
      $455,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    East Greenwich
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4547
    Latitude
    41.6554
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,321
    $234,200
    $179,800
    $414,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      42,234 SF

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      SHOW ROOM, WAREHOUSE • 42,234 SF
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    • Value Estimation by Request
      58,568 SF

      159 Division St

      SHOW ROOM, WAREHOUSE • 58,568 SF
      159 Division St, East Greenwich, RI 02818-2938
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    • Value Estimation
      $315,000
      960 SF

      253 Main St

      SHOW ROOM, WAREHOUSE • 960 SF
      253 Main St, East Greenwich, RI 02818-3742
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    • Value Estimation by Request
      6,176 SF

      86 Main St

      SHOW ROOM, WAREHOUSE • 6,176 SF
      86 Main St, East Greenwich, RI 02818-3827
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    • Value Estimation
      $750,000
      1,560 SF

      5670 Post Rd

      SHOW ROOM, WAREHOUSE • 1,560 SF
      5670 Post Rd, East Greenwich, RI 02818-3461
      View Details
    • Value Estimation
      $755,000
      16,296 SF

      47 Liberty St

      SHOW ROOM, WAREHOUSE • 16,296 SF
      47 Liberty St, East Greenwich, RI 02818-3236
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Grocery-Anchored Shopping Center Space

      Retail space available in East Greenwich Square shopping center.
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      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in East Greenwich

      1,700 SF retail space in a shopping center.
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      View Details
    • Contact for pricing
      5,000 SF

      Retail Pad Site with Drive-Thru

      Retail pad site with drive-thru available for lease.
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      View Details
    • Contact for pricing

      Drive-Thru Pad Site Available

      Pad site with drive-thru available in Warwick, Rhode Island.
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    • $24 SF/Yr
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      Prime Medical Office Space in East Greenwich, RI

      Class A, 4,800 SF Suite Available
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    • $19 SF/Yr
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      Greenwich Mills Office Space

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    Property Visit Statistics

    • Visits by month
      3.0k
    • Visitors by month
      2.9k
    • Avg Time on site
      5 min
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    18 1st Ave
    East Greenwich, RI 02818-3617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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