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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Industrial properties
229 Quaker Hwy North Smithfield, RI 02896-7648
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US76-0102787
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
40,271 SF
Lot
2.18 ac (94,961 SF)
Zoning code
M
APN
NSMI M:0001 L:0016
UPID
US76-0102787
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
-
MTR Guns and Ammo Industrial Manufacturer
-
Atlantic Footcare, Inc Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.31M
Owner & transaction history
Ccc Realty Corp · 7 yrs held
Ccc Realty Corp
since 2019
7 recorded transactions
Zoning & alternative use
M · North Smithfield, 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 North Smithfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Smithfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,340,000
Current use
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10%
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
$57 / 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
Tax billed
$33,407
Tax year 2023
Assessed value
$1,722,000
Assessed 2023
Previous assessed
$1,722,000
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$162,600
Assessed improvement
$1,559,400
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
2
Total area
40,271 SF
Lot
2.18 ac (94,961 SF)
Zoning code
M
APN
NSMI M:0001 L:0016
UPID
US76-0102787
Jurisdiction
NORTH SMITHFIELD
Zoning & alternative use
M · North Smithfield, RI
Zoning M · permitted uses
M · North Smithfield, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Smithfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
2
Lot
2.18 ac
Current owner
From public records · entity-resolved
Ccc Realty Corp
Entity
Mailing address
45 INDUSTRIAL RD STE #100, CUMBERLAND, RI 02864-4742
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Rtm Realty LLC
—
Deed
related
$1,634,000 · First Bk Of The Lake
May 24, 2019
$1,800,000
Ccc Realty Corp
Af Properties LLC
Quit Claim Arm's Length For Ne States
$1,300,000 · Bristol County Savings Bank
Jul 13, 2015
$300,100
Rtm Realty LLC
Af Propeties LLC
Warranty Deed
—
Sep 10, 2014
$1,500,000
Af Properties LLC
Laliberte Leon J Trust
Trustees Deed
$800,000 · Navigant Cu
Apr 29, 2004
—
Leon J Laliberte Ret
—
Deed Of Trust
related
$750,000 · Milford Fsla
Dec 26, 2000
—
Leon J Laliberte
—
Deed Of Trust
related
$1,200,000 · Milford National Bank & Trust
May 7, 1998
$180,000
Leon J Laliberte
Columbus Club
Grant Deed
$144,000 · Credit Union Central Falls
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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