Entity Owned Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1978
Total area
4,662 SF
Zoning code
OP
APN
MIDD M:0115 B:00 L:3202
UPID
US76-0294530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Textile Manufacturer
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$820k
Owner & transaction history
since 2013
2 recorded transactions
Zoning & alternative use
OP · Middletown, RI
Zoning description
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$820k
Value range
$738k – $902k
±10% around blend
Estimated value / SF
$176 / SF
Confidence
Property data
88
Comparable evidence
60
$738k
blend $820k
$902k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,662 SF
Year built
1978
Stories
2
APN
MIDD M:0115 B:00 L:3202
Zoning
OP
Assessed value
$709,500
Annual tax
$9,209
3
Income approach: direct capitalization
Partial preview
Income approach indication
$730k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$795k
@ 6.5% CAP return
$730k
@ 7% CAP return
$680k
4
Sales comparison
Partial preview
Sales approach indication
$910k
Range $782k – $2.04M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$820k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$709k
Move the market yield to see immediate price impact.
Value / SF
$152
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$45k
$894k
$639k
$497k
$50k
$993k
$709k
$552k
$55k
$1.09M
$780k
$607k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,209
Tax year 2024
Assessed value
$709,500
Assessed 2024
Previous assessed
$631,300
+12.4% YoY
Effective rate
1.30%
On assessed value
Assessed improvement
$709,500
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
4,662 SF
Zoning code
OP
APN
MIDD M:0115 B:00 L:3202
UPID
US76-0294530
Jurisdiction
MIDDLETOWN
Zoning & alternative use
OP · Middletown, RIZoning OP · permitted uses
OP · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP
INDUSTRIAL
Jurisdiction
Middletown, RI
Recorded code
OP
Official district
OP
Official district profile
What the municipal code says about OP
Zoning description
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in Middletown, RI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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