Property profile

43 NE Railroad St 101 Woonsocket, RI 02895

FOR SALE
Industrial properties
Property ID
US76-0080775
14,430 SF 0.47 ac lot Built 1890
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,430 SF
Lot 0.47 ac (20,612 SF)
Zoning code MU1
APN WOON M:14R L:205 U:1
UPID US76-0080775

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Hair Salon
  • Apartment Building
  • Alternative Medicine Practice Spa & Massage Center

Location

43 NE Railroad St, Unit 101 Woonsocket, RI 02895
Woonsocket metro Census 18000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.17M

Owner & transaction history

since 2022
Last sale
$3.8M
5 recorded transactions
2022
$3.8M
2019
$175,000
2001
Price N/A
1999
Price N/A
1993
$110,000

Zoning & alternative use

MU1 · Woonsocket, RI
Top alternative use upside
Office building $2.8M +130.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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