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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Investment properties
291 Columbia St South Kingstown, RI 02879-7912
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US76-0030484
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1932
Construction
FRAME
Total area
3,104 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R10
APN
SKIN P:049-4 L:000135
UPID
US76-0030484
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
$750k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$467k
Blend (final)
Blend
$750k
Owner & transaction history
William J Bivona · 1 yrs held
William J Bivona
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
R10 · South Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ewer) 30,000 100 25% 35 15 35 25 15 35 10 10 Two-Household Detached Structure or Single-Household Detached Structure with Accessory Apartment (without public sewer) 40,000 100 25% 35 15 35 25 15 35 10 10 ZONING DISTRICT R10 Single-Household Detached Structure 10,000 80 25% 35 15 25 20 10 30 6 6 1 Two-Household Detached Structure or Single-Household Detached…
Zone name
Medium High Density Residential District
General category
RESIDENTIAL
Zone area
977.44 ac
Source
Code of Ordinances
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 South Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$585,000
Current use
OFFICE BUILDING
$545,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Oct 9 2024)
Last sale anchor
$750k
Oct 9 2024
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
$242 / 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
$4,729
Tax year 2024
Assessed value
$428,000
Assessed 2024
Previous assessed
$428,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$145,800
Assessed improvement
$282,200
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
1932
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Total area
3,104 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R10
APN
SKIN P:049-4 L:000135
UPID
US76-0030484
Jurisdiction
SOUTH KINGSTOWN
Zoning & alternative use
R10 · South Kingstown, RIZoning R10 · permitted uses
R10 · South Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ewer) 30,000 100 25% 35 15 35 25 15 35 10 10 Two-Household Detached Structure or Single-Household Detached Structure with Accessory Apartment (without public sewer) 40,000 100 25% 35 15 35 25 15 35 10 10 ZONING DISTRICT R10 Single-Household Detached Structure 10,000 80 25% 35 15 25 20 10 30 6 6 1 Two-Household Detached Structure or Single-Household Detached Structure with Accessory Apartment (with public sewer) 15,000 80 25% 35 15 25 20 10
Zone name
Medium High Density Residential District
General category
RESIDENTIAL
Zone area
977.44 ac
Source
Code of Ordinances
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$545,000
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
1932
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
William J Bivona
Individual
Mailing address
27 FIRE LN 1ST RD N #4, SOUTH KINGSTOWN, RI 02879-5434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$750,000
William J Bivona
Mca Prop LLC
Warranty Deed
—
Jun 25, 2013
—
Mca Props LLC
—
Deed Of Trust
related
$260,000 · Peoples Cu
Feb 26, 2004
$308,000
Mca Properties LLC
Geaber,george L JR
Grant Deed
$246,500 · Washington Trust Co
Mar 30, 2001
—
George L Geaber JR.
—
Deed Of Trust
related
$125,000 · Newport Fsb
Nov 2, 1998
$162,500
George L Geaber JR.
Minnick,wayne R
Grant Deed
$129,950 · Pierbank Of Narragnst
Sep 25, 1997
—
Wayne R Minnick
—
Deed Of Trust
related
$25,000 · Washington Trust Co
Jun 6, 1995
$80,000
Wayne R Minnick
Nab Asset Venture LP
Grant Deed
$100,000 · Washington Trust Co
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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