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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Investment properties
32 Main St, Woonsocket, RI 02895-4313
Entity Owned
1-yr Hold
Property ID
US76-0166293
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1865
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,525 SF
Lot
0.12 ac (5,350 SF)
Zoning code
C1
APN
WOON M:14K L:80 U:8
UPID
US76-0166293
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
-
Dark Ritual Tattoo Studio Tattoo & Piercing Shop
-
Renaissance Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
26 Main St Partners LLC · 1 yrs held
26 Main St Partners LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C1 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+61.0%
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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
$1,380,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
$1,285,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,250,000
Change: +61% · Conversion: Easy
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.40M (Apr 21 2025)
Last sale anchor
$1.40M
Apr 21 2025
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
$211 / 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
Assessed value
$292,100
Assessed 2023
Previous assessed
$292,100
+0.0% YoY
Assessed land
$36,800
Assessed improvement
$255,300
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
1865
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
4
Bathrooms
10
Total area
6,525 SF
Lot
0.12 ac (5,350 SF)
Zoning code
C1
APN
WOON M:14K L:80 U:8
UPID
US76-0166293
Jurisdiction
WOONSOCKET
Zoning & alternative use
C1 · Woonsocket, RI
Zoning C1 · permitted uses
C1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.3M
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
1865
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
4
Bathrooms
10
Lot
0.12 ac
Current owner
From public records · entity-resolved
26 Main St Partners LLC
Entity
Mailing address
32 THERESA ST, WOONSOCKET, RI 02895-3933
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Apr 21, 2025
$1,400,000
26 Main St Partners LLC
Stephen Tavernier
Warranty Deed
—
Jun 27, 2019
$750,000
Stephen Tavernier
Fernandes,gary
Warranty Deed
$1,002,250 · Pawtucket Cu
Oct 5, 2006
—
Gary Fernandes
—
Deed Of Trust
related
$450,000 · Mechanics Capital Bank
Oct 13, 2005
—
Gary Fernandes
—
Deed Of Trust
related
$200,000 · Mechanics Capital Bank
Dec 16, 1999
$59,500
Gary Fernandes
French Quarter Dev
Grant Deed
—
Oct 29, 1996
—
Norse Corp
—
Deed Of Trust
related
$50,000 · Levine Group
Feb 26, 1993
$32,500
Norse Corp
Citizens Svgs Bank
Grant Deed
$35,000 · Good & Co INC
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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