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Property profile & analytics
OFF-MARKET
Estimated value
$6,645,000
Industrial properties
25 Fairmount Ave East Providence, RI 02914-1701
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0210344
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Construction
STEEL FRAME
Total area
107,870 SF
Lot
7.8 ac (339,768 SF)
Zoning code
I1
APN
EPRO M:406 B:07 L:001 U:
UPID
US76-0210344
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
-
Colibri Group Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.64M
CAP Approach
CAP
$8.66M
Comparable Approach
Comparable
$8.08M
Blend (final)
Blend
$6.65M
Owner & transaction history
K&k25fmtavpri Owner LLC · 4 yrs held
K&k25fmtavpri Owner LLC
since 2021
Last sale
$5.8M
5 recorded transactions
Zoning & alternative use
I1 · East Providence, RI
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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Providence 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
$6,910,000
ML approach
$6,635,000
CAP Approach
CAP Return
Estimation
6%
$9,380,000
6.5%
$8,660,000
7%
$8,040,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,950,000
Current use
Blend value · Realmo final
$6.65M
Range $5.98M – $7.31M · ±10% · vs last sale $5.80M (Dec 6 2021)
Last sale anchor
$5.80M
Dec 6 2021
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
$62 / 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
$134,576
Tax year 2024
Assessed value
$5,626,100
Assessed 2024
Previous assessed
$5,626,100
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,404,000
Assessed improvement
$4,222,100
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
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
27
Bathrooms
3
Total area
107,870 SF
Lot
7.8 ac (339,768 SF)
Zoning code
I1
APN
EPRO M:406 B:07 L:001 U:
UPID
US76-0210344
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
I1 · East Providence, RIZoning I1 · permitted uses
I1 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.0M
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
1969
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
27
Bathrooms
3
Lot
7.8 ac
Current owner
From public records · entity-resolved
K&k25fmtavpri Owner LLC
Entity
Mailing address
7121 FAIRWAY DR STE #410, PALM BEACH GARDENS, FL 33418-3776
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$5,800,000
K&k25fmtavpri Owner LLC
25 Fairmount Avenue LLC
Quit Claim Arm's Length For Ne States
—
Jul 12, 2011
—
25 Fairmont Ave LLC
—
Deed Of Trust
related
$1,201,215 · Sovereign Bank
May 29, 2001
—
Nicholas J Contos
—
Deed Of Trust
related
$2,500,000 · Sovereign Bank
Dec 3, 1999
—
Hirsch Speidel INC
—
Deed Of Trust
related
$9,000,000 · Fleet Capital Corp
Jan 6, 1998
$1,800,000
Hermann Hirsch USA INC
Textron 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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