Realmo Analytics

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Property profile

437 Central Ave Pawtucket, RI 02861

FOR LEASE
Showrooms
Property ID
US76-0119518
4,892 SF 0.28 ac lot Built 1962
Last sale Sep 2026 · $595,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$259k
Assessed land$85k
Assessed improvement$174k
Effective rate2.96%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$9k
Operating expenses−$24k
NOI · 849.68% cap applied$55k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$94 – $184
Qualifying comparables5

Cap rate analysis

How does the asset earn?
849.68%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MB
Industrial Built-Up MB. This zone is intended for existing high-density industrial structures that are used for manufacturing and storage...
General categoryINDUSTRIAL
JurisdictionPAWTUCKET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency52.5
Law Firm35.2
Spa & Massage25.2

Location

437 Central Ave Pawtucket, RI 02861
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1571 Newport, Pawtucket, RI 02861-1353 $14,000 Apr 2025 3,872 SF
639 Cottage, Pawtucket, RI 02861-1251 $500,000 Nov 2024 3,660 SF
1600 Newport, Pawtucket, RI 02861-1359 $400,000 Oct 2024 4,569 SF
505 Armistice, Pawtucket, RI 02861 $310,000 Sep 2024 4,116 SF
192 Columbus, Pawtucket, RI 02861-3405 $580,000 Aug 2024 4,609 SF
504 Central, Pawtucket, RI 02861-1946 $980,000 Feb 2024 5,963 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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