Property profile

49 Sheridan St 55 Central Falls, RI 02863

OFF-MARKET
Investment properties
Property ID
US76-0322471
3,673 SF 0.27 ac lot Built 1920
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 3,673 SF
Lot 0.27 ac (11,652 SF)
Zoning code C-2
APN CENT M:01 P:313
UPID US76-0322471

Cap rate & NOI

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

Location

49 Sheridan St, Unit 55 Central Falls, RI 02863-2375
Central Falls metro Census 10900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$665k
Comparable Approach Comparable
$579k
Blend (final) Blend
$340k

Owner & transaction history

since 2019
7 recorded transactions
2019
$125,000
2016
$1,347
2016
Price N/A
2015
$988
2011
$2,001
2007
Price N/A
2005
Price N/A

Zoning & alternative use

C-2 · Central Falls, RI
Zoning description

C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.

General category COMMERCIAL
Top alternative use upside
Office building $705,000 +62.8%

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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