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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Industrial properties
385 Woodville Rd Hopkinton, RI 02833-1145
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US76-0093774
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
STEEL FRAME
Total area
15,840 SF
Lot
14.65 ac (638,154 SF)
Zoning code
MS
APN
HOPK M:007 B:000 L:00044
UPID
US76-0093774
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
-
Thompson Native Lumber Mill Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$735k
Blend (final)
Blend
$990k
Owner & transaction history
James Thompson Native INC · 17 yrs held
James Thompson Native INC
since 2009
4 recorded transactions
Zoning & alternative use
MS · Hopkinton, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
d Business district shall apply to the Neighborhood Business Special district (NBS), the Commercial district to the Commercial Special district (CS), and the Manufacturing district to the Manufacturing Special district (MS). 6 For two-family and multifamily dwellings, the minimum lot size shall be determined by multiplying the number of units by eighty thous…
Zone name
Manufacturing Special
General category
INDUSTRIAL
Zone area
76.35 ac
Source
code of ordinances
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 Hopkinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopkinton 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%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$63 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,343
Tax year 2023
Assessed value
$569,100
Assessed 2023
Previous assessed
$491,100
+15.9% YoY
Effective rate
1.47%
On assessed value
Assessed land
$227,100
Assessed improvement
$342,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
15,840 SF
Lot
14.65 ac (638,154 SF)
Zoning code
MS
APN
HOPK M:007 B:000 L:00044
UPID
US76-0093774
Jurisdiction
HOPKINTON
Zoning & alternative use
MS · Hopkinton, RIZoning MS · permitted uses
MS · Hopkinton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
d Business district shall apply to the Neighborhood Business Special district (NBS), the Commercial district to the Commercial Special district (CS), and the Manufacturing district to the Manufacturing Special district (MS). 6 For two-family and multifamily dwellings, the minimum lot size shall be determined by multiplying the number of units by eighty thousand (80,000) square feet. 7 Electric substation in manufacturing zones shall requi
Zone name
Manufacturing Special
General category
INDUSTRIAL
Zone area
76.35 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
14.65 ac
Current owner
From public records · entity-resolved
James Thompson Native INC
Entity
Mailing address
PO BOX 85, HOPKINTON, RI 02833-0085
Ownership since
2009
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
Apr 22, 2009
—
James Thompson Native INC
—
Deed Of Trust
related
$155,000 · Washington Trust Co
Apr 13, 2007
—
James Thompson Native INC
—
Deed Of Trust
related
$155,000 · Washington Trust Co
Jan 16, 2003
—
James Thom Nat Lumber INC
—
Deed Of Trust
related
$140,000 · Washington Trust Co
Dec 6, 2000
—
James T Native-lumber
—
Deed Of Trust
related
$72,000 · Washington Trust Co
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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