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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
250 Main St North Kingstown, RI 02852-5116
Individually Owned
12-yr Hold
Property ID
US76-0208513
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1887
Construction
FRAME
Total area
3,582 SF
Lot
0.76 ac (33,297 SF)
Zoning code
NBULH
APN
NKIN M:116 B:007
UPID
US76-0208513
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
-
Brunelle Chiropractic Alternative Medicine Practice
-
Vincent E. Brunelle, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$520k
Owner & transaction history
Brunelle T Vincent · 12 yrs held
Brunelle T Vincent
since 2013
6 recorded transactions
Zoning & alternative use
NBULH · North Kingstown, 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 North Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Kingstown 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
$345,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$680,000
Current use
OFFICE BUILDING
$625,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$145 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$8,922
Tax year 2021
Assessed value
$633,700
Assessed 2024
Previous assessed
$633,700
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$307,700
Assessed improvement
$326,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1887
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
1
Units
2
Rooms
5
Bathrooms
2
Total area
3,582 SF
Lot
0.76 ac (33,297 SF)
Zoning code
NBULH
APN
NKIN M:116 B:007
UPID
US76-0208513
Jurisdiction
NORTH KINGSTOWN
Zoning & alternative use
NBULH · North Kingstown, RIZoning NBULH · permitted uses
NBULH · North Kingstown, 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
COMMERCIAL (GENERAL) Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$625,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1887
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
1
Units
2
Rooms
5
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Brunelle T Vincent
Individual
Mailing address
250 W MAIN ST, NORTH KINGSTOWN, RI 02852-5116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
April M Brunelle T
—
Deed
related
$233,000 · The Washington Trust Co Of Westerly
Sep 4, 2013
$10,000
Brunelle T Vincent
Heard,stephen R & Darlene M
Warranty Deed
—
Feb 11, 2009
—
Vincent E Brunelle
—
Deed Of Trust
related
$300,000 · Peoples Cu
Mar 1, 2001
—
Vincent E Brunelle
—
Deed Of Trust
related
$190,400 · Gmac Mortgage Corp Pa
Jul 28, 1999
—
Vincent E Brunelle
—
Deed Of Trust
related
$200,000 · Gmac Mortgage Corp Pa
Apr 24, 1997
$220,000
Vincent E Brunelle
Contimortgage Corp
Grant Deed
$176,000 · Contimortgage Corp
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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