Financial
Distress signals
Property profile

340 Waterman Ave Smithfield, RI 02917

OFF-MARKET
Other industrial properties
Property ID
US76-0074400
7 ac lot
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This distribution center includes approximately 540,272± square feet of usable space within a nearly 20±-acre industrial complex. The principal mill building comprises about 400,572± square feet and includes an elevator, 15 first-floor loading docks, five second-floor loading docks, and two conveyor belts. The building also contains an approximately 6,500± square foot finished office area for administrative use. Site improvements include 13 industrial sheds and a single-story wood shop. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$45k
Tax billed · 2020
Assessed value · 2023$2.71M
Assessed land$519k
Assessed improvement$2.19M
Effective rate1.68%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$430k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
This district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along ...
General categoryINDUSTRIAL
JurisdictionSMITHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.9
Restaurant20.2
Building Supply16.5

Location

340 Waterman Ave Smithfield, RI 02917-2525
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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