Financial
Distress signals
Property profile

30 Martin St Cumberland, RI 02864

FOR LEASE
Industrial properties
Property ID
US76-0326692
5.6 ac lot
Last sale Mar 1999 · $261,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Berkeley Business Center, a prestigious Class B office building in Cumberland, Rhode Island, offers exceptional executive office space. This historic, multi-level brick mill building boasts 272,300 square feet on a 5.6-acre lot. Currently, 18,000 contiguous square feet are available for lease on the second floor, divisible into minimum 6,000-square-foot units. The four-story building provides ample parking for tenants and occupants. The property is located at 30 Martin Street,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$33k
Tax billed · 2024
Assessed value$2.79M
Assessed land$815k
Assessed improvement$1.98M
Effective rate1.19%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k
NOI build-up
Gross scheduled income$5.46M
Vacancy & credit loss−$764k
Operating expenses−$1.17M
NOI · 21,331,484.85% cap applied$3.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122

Cap rate analysis

How does the asset earn?
21,331,484.85%
$3.52M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
I-1: Light Industrial District. This zoning district is intended for light industrial uses that accommodate a variety of manufacturing, a...
General categoryINDUSTRIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.6
Realty agency20.1
Wholesale Shop15.5

Location

30 Martin St Cumberland, RI 02864
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1344 Mendon, Cumberland, RI 02864 $3,299 Nov 2023 2,500 SF
60 Industrial, Cumberland, RI 02864-4715 $1,200,000 Sep 2023 No data
70 Industrial, Cumberland, RI 02864-4715 $3,200,000 Aug 2023 58,604 SF
79 Ml, Cumberland, RI 02864 $287,500 Dec 2022 1,500 SF
1 Angell, Cumberland, RI 02864-4925 $2,380,000 Sep 2022 28,787 SF
100 Ann Hope, Cumberland, RI 02864 $3,500,000 Dec 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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