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Property profile & analytics
OFF-MARKET
Showrooms
3848 Main Rd Tiverton, RI 02878-4851
Entity Owned
1-yr Hold
Free & Clear
Property ID
US76-0319653
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
FRAME
Total area
4,627 SF
Lot
0.65 ac (28,140 SF)
Zoning code
VC
APN
TIVE M:706 B:108
UPID
US76-0319653
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
-
January Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
-
Four Corners Gallery Art Gallery
-
Tiverton Four Corners Historic District Department Store
-
Bridget Torrey, Managing Broker Gustave White Sotheby's International Realty Real Estate Agency
-
Gilpatric Contemporary Painting Studio Training Center (Bike/Boat/Book/etc) Store
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
Little Old Firehouse LLC · 1 yrs held
Little Old Firehouse LLC
since 2024
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
VC · 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
$9,297
Tax year 2024
Assessed value
$841,400
Assessed 2024
Previous assessed
$596,000
+41.2% YoY
Effective rate
1.10%
On assessed value
Assessed land
$198,300
Assessed improvement
$643,100
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
100
Total area
4,627 SF
Lot
0.65 ac (28,140 SF)
Zoning code
VC
APN
TIVE M:706 B:108
UPID
US76-0319653
Jurisdiction
TIVERTON
Zoning & alternative use
VC · Tiverton, RI
Zoning VC · permitted uses
VC · 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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
100
Lot
0.65 ac
Current owner
From public records · entity-resolved
Little Old Firehouse LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 98, ADAMSVILLE, RI 02801-0098
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$1,300,000
Little Old Firehouse LLC
Four Corners Prop LLC
Warranty Deed
—
Nov 24, 2014
—
4 Corners Props LLC
Weir,rosalind M
Quit Claim Deed
related
—
—
—
4 Corners Props LLC
—
Deed Of Trust
related
$400,000 · Banknewport
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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