Financial
Distress signals
Property profile

400 Broad St Central Falls, RI 02863

FOR SALE
Showrooms
Property ID
US76-0323778
12,399 SF 0.86 ac lot Built 1948
Last sale Oct 2014 · $650,000
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a net-leased retail building constructed in 1948, containing one retail unit and operating as a Dollar General. The building consists of approximately 11,986 square feet and is zoned C-2, which supports retail use. It is located at 400 Broad St in Central Falls, Rhode Island, within a dense urban setting. The property has historically been occupied by Dollar General for more than 10 years under a net lease structure with a corporate guarantee reported by the tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$1.09M
Assessed land$322k
Assessed improvement$771k
Effective rate3.10%

Value estimate

· Sep 2026
$1.80M
$1.62M – $1.97M
CAP approach$2.26M
Submarket $/SF estimate$1.76M
NOI build-up
Gross scheduled income$227k
Vacancy & credit loss−$23k
Operating expenses−$51k
NOI · 7.28% cap applied$153k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$76 – $158
Qualifying comparables10

Cap rate analysis

How does the asset earn?
7.28%
$153k 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?
C-2
C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and profession...
General categoryCOMMERCIAL
JurisdictionCENTRAL FALLS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Skin Care Clinic11.3
Locksmith9.0

Location

400 Broad St Central Falls, RI 02863
County assessor Recorded deeds · 4 transfers 10 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
89 Central, Central Falls, RI 02863 $400,000 Oct 2024 8,072 SF
44 Central, Central Falls, RI 02863-3133 $250,000 Jun 2024 7,524 SF
1136 Lonsdale, Central Falls, RI 02863-1223 $1,300,000 Sep 2022 8,832 SF
309 Broad, Central Falls, RI 02863-3000 $6,150,000 Aug 2022 12,240 SF
1325 Broad, Central Falls, RI 02863-1002 $675,000 Jun 2022 4,780 SF
16 Central, Central Falls, RI 02863 $7,624 Apr 2022 4,834 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
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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