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Property profile & analytics
OFF-MARKET
Investment properties
311 Metacom Ave, Warren, RI 02885-1902
Individually Owned
28-yr Hold
Property ID
US76-0227693
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
FRAME
Total area
4,213 SF
Lot
0.1 ac (4,434 SF)
Zoning code
R6
APN
WARR M:11 L:117
UPID
US76-0227693
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
-
Perella's Ristorante Restaurant
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
Louie Perella · 28 yrs held
Louie Perella
since 1997
6 recorded transactions
Zoning & alternative use
R6 · Warren, 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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,260
Tax year 2023
Assessed value
$458,300
Assessed 2023
Previous assessed
$458,300
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$116,800
Assessed improvement
$341,500
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
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
3
Bathrooms
3
Total area
4,213 SF
Lot
0.1 ac (4,434 SF)
Zoning code
R6
APN
WARR M:11 L:117
UPID
US76-0227693
Jurisdiction
WARREN
Zoning & alternative use
R6 · Warren, RI
Zoning R6 · permitted uses
R6 · Warren, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
3
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Louie Perella
Individual
Mailing address
311 METACOM AVE, WARREN, RI 02885-1902
Ownership since
1997
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
May 22, 2003
—
Louie Perella
—
Deed Of Trust
related
$140,000 · Bank Of Newport
Apr 20, 2000
—
Louise Perella
—
Deed Of Trust
related
$99,000 · Apex Mortgage Corp
Jul 1, 1997
$30,000
Louie Perella
Nunes,william F
Grant Deed
$30,000 · Hermes Investment Cor
Mar 1, 1995
$175,000
Louie Perella
C&b Assoc
Grant Deed
$60,000 · Marie J Rondeau
Nov 18, 1993
$312,500
Vincent Campagna JR.
Friedman,david
Grant Deed
—
Oct 7, 1991
$170,000
C Assoc
Formisano,ralph JR
Grant Deed
—
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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