Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    508 Main St Warren, RI 02885-4369

    • Investment properties
    • 3,086 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US76-0022759
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Collaborative Lab for Creative Experimentation / Art Center

    Property Details for 508 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.05 lot acres
    Property size
    3,086 SF
    Zone code
    R10
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WARR M:4 L:107
    APU
    WARRM4L107

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $280,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $305,000
      Mixed-Use
      $250,000
      Hospitality
      $290,000
      Educational
      $265,000
      Residential Income
      $240,000
      Energy
      $255,000
      Income-Based Land
      $300,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.2821
    Latitude
    41.7291
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,136
    $143,000
    $306,200
    $449,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $405,000
      3,490 SF

      18 Child St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,490 SF
      18 Child St, Warren, RI 02885-3221
      View Details
    • Value Estimation
      $260,000
      774 SF

      279 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 774 SF
      279 Market St, Warren, RI 02885-2618
      View Details
    • Value Estimation by Request
      5,380 SF

      324 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,380 SF
      324 Main St, Warren, RI 02885-4343
      View Details
    • Value Estimation
      $390,000
      3,672 SF

      437 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,672 SF
      437 Main St, Warren, RI 02885-4308
      View Details
    • Value Estimation
      $310,000
      3,094 SF

      421 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,094 SF
      421 Main St, Warren, RI 02885-4307
      View Details
    • Value Estimation
      $380,000
      5,667 SF

      36 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,667 SF
      36 Market St, Warren, RI 02885-2515
      View Details

    Similar Nearby for Sale

    • $1,250,000
      4,154 SF

      Historic Warren Multifamily Investment Opportunity

      Six-unit historic mansion in Warren's Waterfront Historic District.
      21 Federal St, Warren, RI 02885
      View Details
    • $1,250,000
      4,154 SF

      Historic Warren Multifamily Investment Opportunity

      Six-unit historic mansion in Warren's Waterfront Historic District.
      21 Federal St, Warren, RI 02885
      View Details
    • $1,500,000

      Warren Restaurant & Land Sale

      Prime RI Restaurant, Liquor License Included
      275 Child St, Warren, RI 02885
      View Details
    • Contact for pricing
      14,618 SF

      Historic Warren, RI Commercial Building

      Renovated Entertainment Venue, 14,618 SF
      28 Market St, Warren, RI 02885
      View Details
    • Contact for pricing
      0.43 Acres

      Office with Secure Outdoor Storage

      Office rental with gated, secure outdoor storage included.
      51 Cole St, Warren, RI 02885
      View Details
    • $329,000
      1,008 SF

      Former Nursery School Building

      One-level commercial building, suitable for nursery school or residential use.
      210 Metacom Ave, Warren, RI 02885
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      129,196 SF

      Ocean State Plaza Retail Space

      Prime Warren, RI Shopping Center Space Available
      601 Metacom Ave, Warren, RI 02885
      View Details
    • $1,000 /Mo
      1,000 SF

      Warren RI Retail/Office Space

      Retail/office space in historic Warren, RI, prime downtown location.
      32 Cole St, Warren, RI 02885
      View Details
    • $18 SF/Yr
      3,000 SF

      Warren Medical Office Space Available

      Medical office space for lease in a convenient East Bay location.
      851 Main St, Warren, RI 02885
      View Details
    • Contact for pricing
      2,997 SF

      Warren Office Space Available

      Office space available for rent in Warren, Rhode Island.
      91 Main St, Warren, RI 02885
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 Main St
    Warren, RI 02885-4369
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.