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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Industrial properties
31 Graystone St Warwick, RI 02886-1313
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US76-0131348
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,334 SF
Lot
1.15 ac (50,094 SF)
Zoning code
GI
APN
WARW M:278 B:0122 L:0000
UPID
US76-0131348
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
-
Utz Quality Foods Inc Big Box & Wholesale Store Food Market
-
Jomar Painting, Llc Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.58M
Owner & transaction history
31 Graystone Street LLC · 5 yrs held
31 Graystone Street LLC
since 2021
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
GI · Warwick, 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 Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick 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
$1,945,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,455,000
7%
$1,350,000
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.08M (Jun 11 2021)
Last sale anchor
$1.08M
Jun 11 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
$77 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,050
Tax year 2023
Assessed value
$968,600
Assessed 2023
Previous assessed
$840,500
+15.2% YoY
Effective rate
2.48%
On assessed value
Assessed land
$172,800
Assessed improvement
$795,800
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Total area
20,334 SF
Lot
1.15 ac (50,094 SF)
Zoning code
GI
APN
WARW M:278 B:0122 L:0000
UPID
US76-0131348
Jurisdiction
WARWICK
Zoning & alternative use
GI · Warwick, RI
Zoning GI · permitted uses
GI · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
31 Graystone Street LLC
Entity
Mailing address
58 AMARAL ST, RIVERSIDE, RI 02915-2205
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
$1,080,000
31 Graystone Street LLC
Primco Graystone LLC
Warranty Deed
$1,024,000 · Digital FCU
Sep 14, 2007
$850,000
31 Graystone Street
Wld Realty
Deed
$700,000 · Bank Of Rhode Island
Dec 7, 2004
—
Wld Realty INC
—
Deed Of Trust
related
$500,000 · Bank Of Rhode Island
Mar 20, 1998
$250,000
Wld Realty INC
Day One Mfg INC
Grant Deed
$250,000 · Fleet National Bank
Jul 25, 1997
$200,000
Day One Mfg INC
Mcgovern,matthew J
Grant Deed
$200,000 · Domestic Bank
Feb 23, 1990
$650,000
William P Day
Wwf Paper Corp
Grant Deed
$750,000 · East Providence Cu
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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