Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Industrial properties
440 Washington Hwy Smithfield, RI 02917-1917
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0113600
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
5.5 ac (239,580 SF)
Zoning code
LI
APN
SMIT M:48 B:000 L:006 U:
UPID
US76-0113600
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
-
Little Learner's Academy of Smithfield Daycare Center Foster Care Service
-
Acorn Therapy Solutions Medical Clinic Pediatrician
-
Northwest News Distribution Center Logistics Company
-
Stork's Nest Child Academy Daycare Center
-
ImageFIRST Healthcare Laundry Specialists (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Hp Smithfield LLC · 4 yrs held
Hp Smithfield LLC
since 2022
Last sale
$2.4M
2 recorded transactions
Zoning & alternative use
LI · Smithfield, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along the street frontages and heavier uses in the interior lots
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
263.59 ac
Source
Realmo
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 Smithfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithfield 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
$2,615,000
ML approach
$2,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10% · vs last sale $2.38M (Mar 8 2022)
Last sale anchor
$2.38M
Mar 8 2022
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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$61,469
Tax year 2020
Assessed value
$4,013,200
Assessed 2023
Previous assessed
$4,013,200
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$528,000
Assessed improvement
$3,485,200
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
Heating
NONE
Buildings
3
Units
4
Lot
5.5 ac (239,580 SF)
Zoning code
LI
APN
SMIT M:48 B:000 L:006 U:
UPID
US76-0113600
Jurisdiction
SMITHFIELD
Zoning & alternative use
LI · Smithfield, RIZoning LI · permitted uses
LI · Smithfield, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along the street frontages and heavier uses in the interior lots
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
263.59 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Units
4
Lot
5.5 ac
Current owner
From public records · entity-resolved
Hp Smithfield LLC
Entity
Mailing address
440 WASHINGTON HWY, SMITHFIELD, RI 02917-1917
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
$2,382,500
Hp Smithfield LLC
Rodman Enterprises LLC
Quit Claim Arm's Length For Ne States
$3,675,000 · Bank Rhode Island
Mar 8, 2022
—
Rodman Enterprises LLC
123 Associates LLC
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 440 Washington Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
