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Property profile & analytics
OFF-MARKET
Estimated value
$9,640,000
Showrooms
249 Roosevelt Ave, Pawtucket, RI 02860-2134
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US76-0132424
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
95,900 SF
Lot
2.1 ac (91,476 SF)
Zoning code
MO
APN
PAWT M:43 L:0624
UPID
US76-0132424
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
-
Rhode Island Alternative Academy High School
-
Pawtucket DHS Office Local Government Office
-
United Alliance Services Corporation Occupational Safety And Health
-
Dr. William Gordon Dental Office
-
Dr. Ellen Faye Alpano Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.19M
Blend (final)
Blend
$9.64M
Owner & transaction history
Pui O INC · 25 yrs held
Pui O INC
since 2000
7 recorded transactions
Zoning & alternative use
MO · Pawtucket, 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 Pawtucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawtucket 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
COMMERCIAL (GENERAL)
$12,035,000
Current use
Blend value · Realmo final
$9.64M
Range $8.68M – $10.60M · ±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
$101 / 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
$192,434
Tax year 2023
Assessed value
$6,490,200
Assessed 2023
Previous assessed
$6,490,200
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$1,442,100
Assessed improvement
$5,048,100
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
13
Total area
95,900 SF
Lot
2.1 ac (91,476 SF)
Zoning code
MO
APN
PAWT M:43 L:0624
UPID
US76-0132424
Jurisdiction
PAWTUCKET
Zoning & alternative use
MO · Pawtucket, RI
Zoning MO · permitted uses
MO · Pawtucket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pawtucket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$12.0M
COMMERCIAL (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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
13
Lot
2.1 ac
Current owner
From public records · entity-resolved
Pui O INC
Entity
Mailing address
71 WINGATE RD, PROVIDENCE, RI 02906-4939
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2014
—
Pui O INC
—
Grant Deed
related
$1,000,000 · East West Bk
Jul 17, 2007
—
Pui O INC
—
Deed Of Trust
related
$1,600,000 · Zions First National Bank
Mar 27, 2006
—
Pui O INC
—
Deed Of Trust
related
$3,500,000 · Zions First National Bank
Mar 8, 2001
—
Puio INC
—
Deed Of Trust
related
$3,500,000 · Asian American Bank & Trust
Dec 27, 2000
$150,000
Pui O INC
Romanelli,anita M
Grant Deed
—
Jun 29, 2000
—
Comm Counseling Ctr
—
Deed Of Trust
related
$400,000 · Ri Health Building Co
May 5, 2000
—
Pui O INC
—
Deed Of Trust
related
$2,900,000 · Asian American Bank & Trust
Dec 8, 1997
$405,000
Pui O INC
Chinese Christian Chur
Grant Deed
$300,000 · Pawtucket Local Comm
—
—
Pui O INC
—
Deed Of Trust
related
$5,700,000 · East West Bk
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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