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Property profile & analytics
FOR SALE
Showrooms
3624 Main Rd Tiverton, RI 02878
Entity Owned
4-yr Hold
Free & Clear
Property ID
US76-0382858
For Sale
1 / 16
$1,500,000
3624 Main Rd, Tiverton, RI 02878
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Total area
5,763 SF
Lot
1.97 ac (85,683 SF)
Zoning code
R80
APN
TIVE M:707 B:113
UPID
US76-0382858
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
-
First Student, Inc. School Bus Service
-
OFAuto Detailing & Ceramic Coatings Car Wash
-
U-Haul Neighborhood Dealer Car Rental Facility
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
Valley Farm LLC · 4 yrs held
Valley Farm LLC
since 2021
Last sale
$26,829
4 recorded transactions
Zoning & alternative use
R80 · Tiverton, 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 Tiverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tiverton 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
$5,764
Tax year 2024
Assessed value
$521,600
Assessed 2024
Previous assessed
$403,800
+29.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$253,300
Assessed improvement
$268,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1965
Heating
FORCED AIR
Cooling
YES
Buildings
2
Units
2
Total area
5,763 SF
Lot
1.97 ac (85,683 SF)
Zoning code
R80
APN
TIVE M:707 B:113
UPID
US76-0382858
Jurisdiction
TIVERTON
Zoning & alternative use
R80 · Tiverton, RI
Zoning R80 · permitted uses
R80 · Tiverton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tiverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
2
Lot
1.97 ac
Current owner
From public records · entity-resolved
Valley Farm LLC
Entity
Free & Clear · 4 yrs held
Mailing address
15 BROADCOMMON RD, BRISTOL, RI 02809-2721
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
—
Valley Farm LLC
Robert Glanville
Quit Claim Deed
related
—
Dec 15, 2021
$750,000
Robert Glanville
Hartford Rock LLC
Foreclosure
related
—
Aug 30, 2016
$26,829
Arthur F Smith
Conley,thomas B
Redemption Deed
—
Dec 20, 1991
—
Arthur Smith
—
Deed Of Trust
related
$285,000 · Shawmut Bank Of Boston
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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