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Property profile & analytics
OFF-MARKET
Estimated value
$5,575,000
Industrial properties
199 Amaral St Riverside, RI 02915-2221
Entity Owned
Absentee Owner
Free & Clear
Property ID
US76-0187337
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
67,817 SF
Lot
4.4 ac (191,664 SF)
Zoning code
I2
APN
EPRO M:508 B:02 L:001 U:
UPID
US76-0187337
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
-
Covestro LLC Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.03M
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
$6.06M
Blend (final)
Blend
$5.58M
Owner & transaction history
Lamberti USA INC
Lamberti USA INC
since 2025
Last sale
$5.4M
4 recorded transactions
Zoning & alternative use
I2 · Riverside, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.1M
+60.9%
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$3,995,000
ML approach
$4,030,000
CAP Approach
CAP Return
Estimation
6%
$5,900,000
6.5%
$5,445,000
7%
$5,055,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,625,000
Current use
COMMERCIAL (GENERAL)
$9,055,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$5.58M
Range $5.02M – $6.13M · ±10% · vs last sale $5.40M (May 14 2025)
Last sale anchor
$5.40M
May 14 2025
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
$82 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$88,071
Tax year 2024
Assessed value
$3,681,900
Assessed 2024
Previous assessed
$3,681,900
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$836,000
Assessed improvement
$2,845,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
15
Bathrooms
3
Total area
67,817 SF
Lot
4.4 ac (191,664 SF)
Zoning code
I2
APN
EPRO M:508 B:02 L:001 U:
UPID
US76-0187337
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
I2 · Riverside, RIZoning I2 · permitted uses
I2 · Riverside, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$9.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
15
Bathrooms
3
Lot
4.4 ac
Current owner
From public records · entity-resolved
Lamberti USA INC
Entity
Free & Clear · 0 yrs held
Mailing address
1 COVESTRO CIR, PITTSBURGH, PA 15205-9723
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
$5,395,000
Lamberti USA INC
Covestro LLC
Warranty Deed
—
Oct 25, 2022
—
Covestro LLC
Covestro LLC
Quit Claim Deed
related
—
Jan 16, 2008
$300,000
Dsm Neosol INC
Soluol INC
Warranty Deed
—
Jan 16, 2008
$3,640,000
Dsm Neosol INC
Soluol INC
Grant Deed
—
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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