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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Industrial properties
44 Ballou Blvd Bristol, RI 02809-2728
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US76-0102522
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Construction
STEEL FRAME
Total area
8,018 SF
Lot
0.61 ac (26,393 SF)
Zoning code
M
APN
BRIS M:94 L:27
UPID
US76-0102522
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
Current use
Occupant on record · Public records
-
Vigilant Brewing Production Facility Brewery & Distillery
-
Your Sports Marketing Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$469k
Blend (final)
Blend
$610k
Owner & transaction history
Amaral Properties LLC · 5 yrs held
Amaral Properties LLC
since 2021
Last sale
$575,000
5 recorded transactions
Zoning & alternative use
M · Bristol, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$885,000
+97.7%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
Method
Estimation
Statistic approach
$700,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$445,000
Current use
COMMERCIAL (GENERAL)
$885,000
Change: +98% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $575k (Apr 27 2021)
Last sale anchor
$575k
Apr 27 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,217
Tax year 2023
Assessed value
$540,200
Assessed 2023
Previous assessed
$540,200
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$203,500
Assessed improvement
$336,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
8,018 SF
Lot
0.61 ac (26,393 SF)
Zoning code
M
APN
BRIS M:94 L:27
UPID
US76-0102522
Jurisdiction
BRISTOL
Zoning & alternative use
M · Bristol, RI
Zoning M · permitted uses
M · Bristol, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$885,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Amaral Properties LLC
Entity
Mailing address
44 BALLOU BLVD, BRISTOL, RI 02809-2728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2021
$575,000
Amaral Properties LLC
R&j Realty LLC
Warranty Deed
$287,500 · Banknewport
Apr 27, 2021
—
Amaral Properties LLC
—
Deed
related
$236,000 · Ocean State Business Development Auth
Jul 29, 2016
$512,500
R & J Realty LLC
E J Seaside Realty LLC
Warranty Deed
$410,000 · Bank Of Newport
Jul 11, 2012
$425,000
Ej Seaside Realty LLC
Macx INC
Grant Deed
$425,000 · Toyota Motor Credit Corp
Dec 31, 1992
$55,500
Macx INC
Bristol Consortium
Grant Deed
$20,390 · Zenon Grzybowski
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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