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Property profile & analytics
OFF-MARKET Estimated value $9,490,000
Commercial land

420 Pne St Central Falls, RI 02863

119,182 SF 1.89 ac lot Built 1875
Entity Owned 14-yr Hold Free & Clear
Property ID
US76-0355965
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1875
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 119,182 SF
Lot 1.89 ac (82,189 SF)
Zoning code M-2
APN CENT M:08 P:326
UPID US76-0355965
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
$9.04M
Blend (final) Blend
$9.49M
Owner & transaction history
Central Falls City Of · 14 yrs held
Central Falls City Of
since 2011
2 recorded transactions
2011
$63,513
2007
Price N/A
Zoning & alternative use
M-2 · Central Falls, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-2 heavy industrial district. This zone is intended to provide for areas for heavy industrial uses, especially for those uses that are potentially hazardous, noxious or incompatible with the uses in any other zone. 101.4 - Overlay zoning districts. These are districts that are superimposed on existing zoning district(s) or part of a district and which impos…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 94.35 ac
Source Zoning Ordinance
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