$325,000 1,490 SF

37 Mill Rd, Foster, RI 02825
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The property comprises 4.63 acres of land suited to a combination of commercial and residential uses, and includes an approximately 1,800 square foot masonry building. The building is provided in as-is condition, and the site’s suitability for specific intended uses would require buyer-led due diligence.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$6k

Tax billed · 2024

Assessed value$270k

Assessed land$202k

Assessed improvement$68k

Effective rate2.08%

Value estimate

· Oct 2026

$295k

$266k – $325k

AI approach$295k

NOI build-up

Gross scheduled income$38k

Vacancy & credit loss−$4k

Operating expenses−$13k

NOI · 6.54% cap applied$21k

Realmo valuation models over county records and 44 qualifying comparable sales.

Recently sold

What actually traded nearby?

$146/SF

County average, outlier-cleaned · 1487 recorded sales of this use type

Observed band · Q1–Q3$88 – $215

Qualifying comparables44

Cap rate analysis

How does the asset earn?

6.54%

$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionFOSTER

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply8.8

Auto Parts Store8.5

Nursing Home6.4

37 Mill Rd Foster, RI 02825

County assessor Recorded deeds · 2 transfers 44 qualifying comp sales 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

4 recorded sales · 6 properties nearby

Address Sale price Sold Size

93 Danielson, Foster, RI 02825-1417 $200,000 Sep 2024 1,024 SF

53rd Danielson, Foster, RI 02825-1476 $220,000 Sep 2021 888 SF

150th Danielson, Foster, RI 02825-1462 $600,000 Mar 2021 1,696 SF

189 Hartford, Foster, RI 02825-1910 $470,000 Apr 2019 1,447 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$340,000

1,447 SF

189 Hartford Pike

OFFICE/RESIDENTIAL (MIXED USE)

189 Hartford Pike, Foster, RI 02825-1910

View Details
Value Estimation
$365,000

1,579 SF

76 Moosup Vly Rd

OFFICE/RESIDENTIAL (MIXED USE)

76 Moosup Vly Rd, Foster, RI 02825-1238

View Details
Value Estimation
$595,000

1,696 SF

150th Danielson Pike

OFFICE/RESIDENTIAL (MIXED USE)

150th Danielson Pike, Foster, RI 02825-1462

View Details
Value Estimation
$400,000

1,728 SF

195 Danielson Pike

OFFICE/RESIDENTIAL (MIXED USE)

195 Danielson Pike, Foster, RI 02825-1310

View Details
Value Estimation
$275,000

1,280 SF

190 Danielson Pike

OFFICE/RESIDENTIAL (MIXED USE)

190 Danielson Pike, Foster, RI 02825-1309

View Details
Value Estimation
$295,000

1,184 SF

51 Paine Rd

OFFICE/RESIDENTIAL (MIXED USE)

51 Paine Rd, Foster, RI 02825-1439

View Details