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Property profile & analytics
OFF-MARKET
Estimated value
$10,850,000
Industrial properties
400 Knight St Warwick, RI 02886-1250
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0195920
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2007
Total area
82,960 SF
Zoning code
LI
APN
WARW M:274 B:0204 L:0001
UPID
US76-0195920
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
-
Dino park Housing Development
-
cathedral of st peter and st paul Church
-
NYLO Providence Warwick Hotel, Tapestry Collection by Hilton Hotel & Motel
-
The Loft Restaurant and Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.26M
Blend (final)
Blend
$10.85M
Owner & transaction history
Supreme Bright Warwick I · 2 yrs held
Supreme Bright Warwick I
since 2024
Last sale
$10.9M
6 recorded transactions
Zoning & alternative use
LI · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.5M
+51.0%
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 Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick 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
$10,850,000
ML approach
$10,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,930,000
Current use
OFFICE BUILDING
$16,500,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$10.85M
Range $9.77M – $11.94M · ±10% · vs last sale $10.85M (May 3 2024)
Last sale anchor
$10.85M
May 3 2024
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
$131 / 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
$196,805
Tax year 2023
Assessed value
$7,926,100
Assessed 2023
Previous assessed
$7,926,100
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed improvement
$7,926,100
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2007
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
5
Units
163
Bathrooms
163
Total area
82,960 SF
Zoning code
LI
APN
WARW M:274 B:0204 L:0001
UPID
US76-0195920
Jurisdiction
WARWICK
Zoning & alternative use
LI · Warwick, RI
Zoning LI · permitted uses
LI · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.9M
OFFICE BUILDING
Est. value
$16.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
2007
Heating
BASEBOARD
Cooling
Yes
Stories
5
Buildings
1
Units
163
Bathrooms
163
Current owner
From public records · entity-resolved
Supreme Bright Warwick I
Individual
Mailing address
400 KNIGHT ST, WARWICK, RI 02886-1250
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$10,850,000
Supreme Bright Warwick I
O-b Nylo Warwick Operator
Warranty Deed
$10,130,000 · Newcrestimage Cap Vii
Sep 13, 2023
$21,127,250
O-b Nylo Warwick Operator
Bt Hotel Warwick LLC
Foreclosure
related
—
Sep 17, 2018
—
Hotel Warwick LLC
—
Deed
related
$74,700 · Lo Nylo Fin LLC
Dec 29, 2014
$12,775,000
Bt Hotel Warwick LLC
Warwick Loft Hotel LLC
Warranty Deed
$50,000 · Morgan Stanley &
—
—
Bt Hotel Warwick LLC
—
Deed Of Trust
related
$54,000,000 · Natixis R/e Cap
—
—
Hotel Warwick LLC
—
Deed Of Trust
related
$74,700 · Lo Nylo Fin LLC
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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