Entity Owned 
For Sale
1 / 47
$4,500,000
435 Nooseneck Hill Rd,Unit Exeter, Exeter, RI 02822
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Property summary
AI-generated overview
The property is an 18.3-acre parcel in Exeter, Rhode Island, located at 435 Nooseneck Hill Road. It is zoned for light industrial use and includes a 10,040-square-foot multipurpose building constructed in 2004. The site is suited to a range of commercial and industrial uses and is positioned with frontage along Nooseneck Hill Road and abutting Route 95, with access to major transportation routes including Routes 3 and 102 and Interstate 95. The parcel is identified as Map 33, Block 1, Lots 18 and 19 and offers redevelopment potential.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Total area
10,040 SF
Lot
4.1 ac (178,596 SF)
Zoning code
LI
APN
EXET M:0033 B:0001 L:0018
UPID
US76-0284950
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
-
Production Facility Brewery & Distillery
-
Electric Vehicle Charging Station
-
Electric Vehicle Charging Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.49M
Owner & transaction history
since 2024
1 recorded transaction
Zoning & alternative use
LI · Exeter, RI
Zoning description
This district is to provide areas for the future development of light industrial and allied uses and to provide for existing uses of this nature
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 21 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.49M
Value range
$1.34M – $1.63M
±10% around blend
Estimated value / SF
$148 / SF
Confidence
High
21 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
Income certainty
100
$1.34M
blend $1.49M
$1.63M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,040 SF
Lot area
4.1 ac
Year built
2004
Stories
1
APN
EXET M:0033 B:0001 L:0018
Zoning
LI
Assessed value
$1,286,400
Annual tax
$18,357
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.57M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.70M
@ 6.5% CAP return
$1.57M
@ 7% CAP return
$1.45M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$18,357
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.39M
Weighted, 20 comps · high confidence
Evidence
21 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.3 mi away · 10,800 SF
11.5 mi away · 12,000 SF
13.1 mi away · 7,500 SF
17.3 mi away · 8,001 SF
17.5 mi away · 7,095 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 234 sales
$205
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $148/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 21 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$882k
Move the market yield to see immediate price impact.
Value / SF
$88
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$56k
$1.11M
$794k
$617k
$62k
$1.23M
$882k
$686k
$68k
$1.36M
$970k
$755k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
21 found
High confidence · county-verified
Closest comparable
$1.25M
9.9 mi · Oct 2025 · $138/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,357
Tax year 2023
Assessed value
$1,286,400
Assessed 2023
Previous assessed
$1,286,400
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$139,000
Assessed improvement
$1,147,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
2004
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
10,040 SF
Lot
4.1 ac (178,596 SF)
Zoning code
LI
APN
EXET M:0033 B:0001 L:0018
UPID
US76-0284950
Jurisdiction
EXETER
Zoning & alternative use
LI · Exeter, RIZoning LI · permitted uses
LI · Exeter, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This district is to provide areas for the future development of light industrial and allied uses and to provide for existing uses of this nature
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
4.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
LI
INDUSTRIAL
Jurisdiction
Exeter, RI
Recorded code
LI
Official district
LI
Official district profile
What the municipal code says about LI
Zoning description
This district is to provide areas for the future development of light industrial and allied uses and to provide for existing uses of this nature
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Exeter, RI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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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?”
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