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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Industrial properties
41 Frd Ln Warwick, RI 02888-2121
Entity Owned
~
Est. High Equity
Property ID
US76-0079502
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,800 SF
Lot
0.74 ac (32,234 SF)
Zoning code
GI
APN
WARW M:284 B:0173 L:0000
UPID
US76-0079502
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$780k
Owner & transaction history
41 Ford Assoc LLC
41 Ford Assoc LLC
since 2026
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
GI · Warwick, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $775k (Mar 17 2023)
Last sale anchor
$775k
Mar 17 2023
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
$66 / 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
$17,984
Tax year 2023
Assessed value
$724,300
Assessed 2023
Previous assessed
$724,300
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$157,200
Assessed improvement
$567,100
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
11,800 SF
Lot
0.74 ac (32,234 SF)
Zoning code
GI
APN
WARW M:284 B:0173 L:0000
UPID
US76-0079502
Jurisdiction
WARWICK
Zoning & alternative use
GI · Warwick, RI
Zoning GI · permitted uses
GI · 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.
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
41 Ford Assoc LLC
Entity
Mailing address
41 FRD LN, WARWICK, RI 02888-2121
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2026
—
41 Ford Assoc LLC
—
Deed
related
$1,037,000
Mar 5, 2026
$1,296,000
41 Ford Assoc LLC
City Place LLC
Warranty Deed
—
May 23, 2023
—
City Place LLC
—
Deed
related
$816,000 · Mechanics Cooperative Bank
Mar 17, 2023
$775,000
City Place LLC
Island Properties Real Es
Warranty Deed
—
May 12, 2022
—
Island Properties Re LLC
—
Deed
related
$30,000 · Domenic Lombardi Realty INC
Oct 29, 2021
—
Island Properties Re LLC
—
Deed
related
$300,000 · Woodstock Financial Group
Nov 9, 2020
—
Island Props Re LLC
—
Deed
related
$300,000 · North End Realty
Oct 17, 2018
—
Island Props Re LLC
—
Deed
related
$300,000 · North End Realty
Sep 21, 2015
$450,000
Island Props Real Est
Mf Sousa & Sons Realty
Warranty Deed
$150,000 · North & Realty LLC
—
—
Island Props Re LLC
—
Deed Of Trust
related
$300,000 · North End Realty
—
—
Island Props Re LLC
—
Deed Of Trust
related
$300,000 · North End Realty
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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