Financial
Distress signals
Property profile

51 Cole St Warren, RI 02885

FOR LEASE
Showrooms
Property ID
US76-0142830
7,260 SF 0.43 ac lot Built 1950
Last sale May 2022 · $710,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Market Trends Soon

Property summary

AI-generated overview

The property consists of office space configured with access to an outdoor, gated, secure storage area. The space includes utilities that support occupancy, and the outdoor storage area includes an electrical outlet and is prepared for seasonal use by diesel vehicles. Tenancy is subject to screening requirements, and the unit is intended for office or work use only, with restrictions prohibiting residential occupancy.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$680k
Assessed land$149k
Assessed improvement$531k
Effective rate1.37%

Value estimate

· Sep 2026
$740k
$666k – $814k
AI approach$790k
Sales comparison$668k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$92 – $155
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MF
JurisdictionWARREN

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 agency14.4
Law Firm13.8
HVAC Service10.6

Location

51 Cole St Warren, RI 02885
County assessor Recorded deeds · 3 transfers 15 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
463 Main, Warren, RI 02885-4309 $938,000 Feb 2024 8,155 SF
254 Market, Warren, RI 02885-2677 $1,000,000 Feb 2024 6,020 SF
6 Commercial, Warren, RI 02885-1637 $420,000 Jan 2024 7,200 SF
464 Main, Warren, RI 02885-4370 $875,000 May 2021 7,296 SF
339 Market, Warren, RI 02885-2667 $1,700,000 Apr 2021 6,000 SF
470 Metacom, Warren, RI 02885-2758 $1,750,000 Mar 2021 7,480 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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