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Property profile & analytics
OFF-MARKET
Industrial properties
411 Chapel St Burrillville, RI 02830-1334
Individually Owned
4-yr Hold
Free & Clear
Property ID
US76-0356482
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1935
Construction
FRAME
Total area
6,640 SF
Lot
0.52 ac (22,564 SF)
Zoning code
VC
APN
BURR M:159 L:034
UPID
US76-0356482
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carol Simeone · 4 yrs held
Carol Simeone
since 2022
Last sale
$260,000
2 recorded transactions
Zoning & alternative use
VC · Burrillville, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of VC zone is intended to reinforce the existing mix or texture of the older mill villages in Burrillville is seen primarily as being made up of a variety of businesses, predominantly in the service sector, occupying small buildings or with small floor areas
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
194.41 ac
Source
Realmo
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 Burrillville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burrillville 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
$3,877
Tax year 2024
Assessed value
$258,800
Assessed 2024
Previous assessed
$258,800
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$85,800
Assessed improvement
$173,000
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
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
6,640 SF
Lot
0.52 ac (22,564 SF)
Zoning code
VC
APN
BURR M:159 L:034
UPID
US76-0356482
Jurisdiction
BURRILLVILLE
Zoning & alternative use
VC · Burrillville, RIZoning VC · permitted uses
VC · Burrillville, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of VC zone is intended to reinforce the existing mix or texture of the older mill villages in Burrillville is seen primarily as being made up of a variety of businesses, predominantly in the service sector, occupying small buildings or with small floor areas
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
194.41 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Carol Simeone
Individual
Free & Clear · 4 yrs held
Mailing address
35 EVERGREEN RD, CHEPACHET, RI 02814-2013
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2022
$260,000
Carol Simeone
Richard G Caya
Warranty Deed
—
Jul 23, 2004
$213,000
Richard Caya
Mongeon,yvette
Grant Deed
$120,000 · Exchange Authority LP
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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