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Property profile & analytics
OFF-MARKET
Investment properties
29 George Waterman Rd, Johnston, RI 02919-2619
Individually Owned
7-yr Hold
Free & Clear
Property ID
US76-0359777
Property summary
AI-generated overview
This exceptional commercial property at 29 George Waterman Road, Johnston, RI 02919 presents a unique investment opportunity. The 0 square foot lot, built in 1980, houses a thriving, fully staffed daycare center with an impeccable 34-year reputation in the community. Currently operating at full capacity with 14 students, this BrightStars accredited business boasts consistent high demand. The sale includes the established business only
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1934
Total area
1,887 SF
Lot
0.12 ac (5,186 SF)
Zoning code
R15
APN
JOHN M:0034 L:039
UPID
US76-0359777
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bradley J Wilson · 7 yrs held
Bradley J Wilson
since 2018
2 recorded transactions
Zoning & alternative use
R15 · Johnston, 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 Johnston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2018Property tax & assessments
Tax year 2018
Tax billed
$4,838
Tax year 2018
Assessed value
$188,100
Assessed 2024
Previous assessed
$188,100
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$112,500
Assessed improvement
$75,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1934
Heating
STEAM
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
1,887 SF
Lot
0.12 ac (5,186 SF)
Zoning code
R15
APN
JOHN M:0034 L:039
UPID
US76-0359777
Jurisdiction
JOHNSTON
Zoning & alternative use
R15 · Johnston, RI
Zoning R15 · permitted uses
R15 · Johnston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Johnston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Heating
STEAM
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Bradley J Wilson
Individual
Free & Clear · 7 yrs held
Mailing address
29 GEORGE WATERMAN RD, JOHNSTON, RI 02919-2619
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2018
—
Bradley J Wilson
Wilson,bradley J
Quit Claim Deed
related
—
Dec 29, 2009
$1
Bradley J Wilson
Wilson,bradley J
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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