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Property profile & analytics
OFF-MARKET
Industrial properties
32 Meeting St Cumberland, RI 02864-8373
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US76-0362761
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
3.52 ac (153,331 SF)
Zoning code
I-1
APN
CUMB M:002 B:0017 L:000
UPID
US76-0362761
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Landing Cumberland LLC · 1 yrs held
Landing Cumberland LLC
since 2025
7 recorded transactions
Zoning & alternative use
I-1 · Cumberland, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I-1: Light Industrial District. This zoning district is intended for light industrial uses that accommodate a variety of manufacturing, assembly, storage of durable goods and related activities, provided that they do not pose toxic, explosive or environmental hazard in the Town, and office uses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
757.06 ac
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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,366
Tax year 2024
Assessed value
$616,400
Assessed 2024
Previous assessed
$616,400
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$117,000
Assessed improvement
$499,400
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
Heating
NONE
Buildings
3
Units
4
Lot
3.52 ac (153,331 SF)
Zoning code
I-1
APN
CUMB M:002 B:0017 L:000
UPID
US76-0362761
Jurisdiction
CUMBERLAND
Zoning & alternative use
I-1 · Cumberland, RIZoning I-1 · permitted uses
I-1 · Cumberland, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
I-1: Light Industrial District. This zoning district is intended for light industrial uses that accommodate a variety of manufacturing, assembly, storage of durable goods and related activities, provided that they do not pose toxic, explosive or environmental hazard in the Town, and office uses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
757.06 ac
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Units
4
Lot
3.52 ac
Current owner
From public records · entity-resolved
Landing Cumberland LLC
Entity
Mailing address
1 FRANKLIN SQ, PROVIDENCE, RI 02903-4994
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
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Landing Cumberland LLC
—
Deed
related
$350,000
Jun 23, 2025
—
Landing Cumberland LLC
Ned Stevens INC
Deed
related
—
Feb 18, 2025
$31,644
Airway Leasing LLC
Cumberland Town Of
Deed
related
—
Jan 23, 2025
$26,880
Airway Leasing LLC
Cumberland Town Of
Deed
related
—
Dec 2, 2024
—
Landing Cumberland LLC
Airway Leasing LLC
Deed
related
—
Jun 28, 2024
—
Airway Leasing LLC
Jak Prop LLC
Deed
—
Apr 5, 2023
—
Landing Cumberland LLC
32 Meeting Street LLC
Warranty Deed
—
Jan 23, 2023
$1,200,000
32 Meeting Street LLC
William J Gately
Correction Deed
related
—
Apr 27, 2022
$36,977
Paul Azir
Bill Gately
Redemption Deed
related
—
Mar 4, 2022
$1,200,000
32 Meeting St LLC
William Gately
Quit Claim Arm's Length For Ne States
—
Jul 14, 2020
—
Bill Gately
—
Deed
related
$631,220 · Millenium Inv Grp
Jun 12, 2020
—
Gabhaltais Teaghlaigh LLC
—
Deed
related
$631,220 · Millenium Investor
Jun 1, 2018
—
Bill Gately
—
Deed
related
$425,000 · Brito Joseph M
Sep 8, 2016
—
William J Gately
—
Deed
related
$85,000 · Fremont Capital LLC
May 16, 2016
—
William J Gately
—
Deed
related
$155,750 · Bp Cap 4 LLC
Apr 4, 2016
—
Bill Gately
Conley,thomas B
Redemption Deed
—
Mar 10, 2016
$180,000
Bill Gately
Ayn Wardo Realty LLC
Trustees Deed
$140,000 · Bp Cap 4 LLC
Jul 17, 2008
—
Ayn Wardo Realty LLC
—
Deed Of Trust
related
$450,000 · Freedom National Bank
—
—
Gabhaltais Teaghlaigh LLC
—
Deed Of Trust
related
$631,220 · Millenium Investor
—
—
Gabhaltais Teaghlaigh LLC
—
Deed Of Trust
related
$740,000 · Jtw Investor Group
—
—
Bill Gately
—
Deed Of Trust
related
$740,000 · Jtw Investor Group
—
—
Bill Gately
—
Deed Of Trust
related
$631,220 · Millenium Inv Grp
—
—
William J Gately
—
Deed Of Trust
related
$155,750 · Bp Cap 4 LLC
—
—
William J Gately
—
Deed Of Trust
related
$85,000 · Fremont Capital LLC
—
—
Bill Gately
—
Deed Of Trust
related
$425,000 · Brito Joseph M
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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