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Property profile & analytics
OFF-MARKET
Estimated value
$10,100,000
Showrooms
375 Wampanoag Trl Riverside, RI 02915-2232
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0225865
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2015
Total area
71,056 SF
Lot
3.76 ac (163,786 SF)
Zoning code
I2
APN
EPRO M:509 B:02 L:001 U:
UPID
US76-0225865
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
-
Brown Dermatology Physician Medical Clinic
-
University Medicine Travel Medical Clinic
-
Brown Medicine Travel Clinic Medical Clinic
-
Pulmonary, Critical Care and Sleep Medicine Medical Clinic
-
Highbar Physical Therapy - East Providence Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.92M
Comparable Approach
Comparable
$9.43M
Blend (final)
Blend
$10.10M
Owner & transaction history
Mmac 15 Providence Ri · 7 yrs held
Mmac 15 Providence Ri
since 2018
2 recorded transactions
Zoning & alternative use
I2 · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,990,000
6.5%
$12,915,000
7%
$11,990,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,485,000
Current use
Blend value · Realmo final
$10.10M
Range $9.09M – $11.11M · ±10%
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
$142 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$216,419
Tax year 2024
Assessed value
$9,047,600
Assessed 2024
Previous assessed
$8,069,400
+12.1% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,222,000
Assessed improvement
$7,825,600
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
Off-Market
Year built
2015
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
4
Units
4
Total area
71,056 SF
Lot
3.76 ac (163,786 SF)
Zoning code
I2
APN
EPRO M:509 B:02 L:001 U:
UPID
US76-0225865
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
I2 · Riverside, RIZoning I2 · permitted uses
I2 · Riverside, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.5M
COMMERCIAL (GENERAL) Current
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
2015
Heating
BASEBOARD
Cooling
Yes
Stories
4
Buildings
1
Units
4
Lot
3.76 ac
Current owner
From public records · entity-resolved
Mmac 15 Providence Ri
Individual
Mailing address
495 E RINCON ST STE #208, CORONA, CA 92879-1379
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2018
$20,251,022
Mmac 15 Providence Ri
375 Wampanoag Trail Ll
Quit Claim Arm's Length For Ne States
$10,984,000 · Capital One Bank NA
Apr 1, 2014
$725,000
375 Wampanoag Trl LLC
Dlt LLC
Warranty Deed
—
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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