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Property profile & analytics
FOR LEASE
Industrial properties
33 Broadcommon Rd Bristol, RI 02809
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0208406
For Lease
1 / 2
$12.50 SF/Yr
33 Broadcommon Rd, Bristol, RI 02809
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Total area
68,144 SF
Lot
7.74 ac (337,154 SF)
Zoning code
M
APN
BRIS M:103 L:9
UPID
US76-0208406
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
-
Dwyer Aluminum Mast Company Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Zim Sailing (Bike/Boat/Book/etc) Store
-
American Magic (Bike/Boat/Book/etc) Store Production Facility
-
NEXT Boatworks LLC Industrial Manufacturer Production Facility
-
DeVine & Associates, LLC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.61M
Blend (final)
Blend
$6.58M
Owner & transaction history
Legacy Bristol LLC · 4 yrs held
Legacy Bristol LLC
since 2021
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
M · Bristol, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.1M
+166.6%
Restaurant
$9.3M
+144.9%
Commercial (general)
$7.5M
+97.7%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
$7,155,000
ML approach
$7,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$10,140,000
Change: +167% · Conversion: Moderate
RESTAURANT
$9,315,000
Change: +145% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,520,000
Change: +98% · Conversion: Difficult
Blend value · Realmo final
$6.58M
Range $5.92M – $7.24M · ±10% · vs last sale $5.90M (Nov 15 2021)
Last sale anchor
$5.90M
Nov 15 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
$97 / 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
$70,970
Tax year 2023
Assessed value
$5,312,100
Assessed 2023
Previous assessed
$5,312,100
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$343,100
Assessed improvement
$4,969,000
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
For Lease
Year built
2004
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Units
4
Total area
68,144 SF
Lot
7.74 ac (337,154 SF)
Zoning code
M
APN
BRIS M:103 L:9
UPID
US76-0208406
Jurisdiction
BRISTOL
Zoning & alternative use
M · Bristol, RI
Zoning M · permitted uses
M · Bristol, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$10.1M
RESTAURANT
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$7.5M
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
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
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
4
Lot
7.74 ac
Current owner
From public records · entity-resolved
Legacy Bristol LLC
Entity
Mailing address
107 AUDUBON RD, WAKEFIELD, MA 01880-1266
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
$5,900,000
Legacy Bristol LLC
23-33 Broadcommon LLC
Quit Claim Arm's Length For Ne States
—
Jan 11, 2018
—
23-33 Broadcommon LLC
Brito Assoc LLC
Quit Claim Deed
related
—
Dec 26, 2017
—
Long Ln Dev LLC
33 Broadcommon Rd LLC
Warranty Deed
—
Dec 22, 2017
$960,000
Brito Assoc LLC
33 Broadcommon Rd LLC
Warranty Deed
—
Jun 30, 2017
$3,400,000
Starboard Tack LLC
Hall Real Estate LLC
Correction Deed
related
—
Jun 30, 2017
—
Hall Real Estate LLC
Ri Industrial Facilities
Correction Deed
related
$1,066,000 · Brito Joseph M Tr (pt)
Oct 31, 2016
—
Hall Real Estate LLC
—
Deed
related
$550,000 · Lcres Holdings INC
—
—
Hall Real Estate LLC
—
Deed Of Trust
related
$550,000 · Lcres Holdings INC
—
—
Starboard Tack LLC
—
Deed Of Trust
related
$1,066,000 · Brito Joseph M Tr (pt)
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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