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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Showrooms
515 Social St Woonsocket, RI 02895-2043
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US76-0021083
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
5,249 SF
Lot
0.25 ac (10,709 SF)
Zoning code
C2
APN
WOON M:22B L:186 U:4
UPID
US76-0021083
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
-
Tanguay Apartments Apartment Building
-
Barbara J. Inderlin, LICSW Foster Care Service Social Service Agency
-
Prom USA Inc. Corporate Office
-
Dr. Robert Impagliazzo Dental Office
-
Dr. Italo Lozada Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$755k
Owner & transaction history
Stephen M Green · 3 yrs held
Stephen M Green
since 2022
Last sale
$24,824
7 recorded transactions
Zoning & alternative use
C2 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+61.0%
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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
OFFICE BUILDING
$1,005,000
Change: +61% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $25k (Oct 14 2022)
Last sale anchor
$25k
Oct 14 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
$144 / 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
$11,395
Tax year 2023
Assessed value
$439,300
Assessed 2023
Previous assessed
$439,300
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$104,100
Assessed improvement
$335,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
5,249 SF
Lot
0.25 ac (10,709 SF)
Zoning code
C2
APN
WOON M:22B L:186 U:4
UPID
US76-0021083
Jurisdiction
WOONSOCKET
Zoning & alternative use
C2 · Woonsocket, RI
Zoning C2 · permitted uses
C2 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$625,000
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Stephen M Green
Individual
Mailing address
515 SOCIAL ST, WOONSOCKET, RI 02895-2043
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
—
Prompro LLC
—
Deed
related
$628,000 · Bank Of America NA
Jan 11, 2023
—
Prompro LLC
—
Deed
related
$100,000 · Avidia Bank
Oct 14, 2022
$24,824
Stephen M Green
Woonsocket City Of
Deed
—
Oct 4, 2022
$475,000
Prompro LLC
City Dental Prop LLC
Warranty Deed
$332,500 · Avidia Bank
Sep 21, 2022
$19,659
Stephen M Greene
Woonsocket City Of
Public Action
related
—
Nov 2, 2009
$448,000
City Dental Props LLC
Pacl Inv LLC
Warranty Deed
$215,200 · Zions First National Bank
Nov 2, 2009
—
City Dental Props LLC
—
Deed Of Trust
related
$292,700 · Zions First National Bank
Dec 26, 2006
$575,000
Pacl Investments
Nri Communuty Svcs
Grant Deed
$460,000 · Citizens Bank Of Ri
Dec 26, 2006
—
Pacl Investments
—
Deed Of Trust
related
$28,750 · Citizens Bank Of Ri
Apr 21, 2004
—
Nri Community Svc INC
—
Deed Of Trust
related
$101,000 · Fleet National Bank
Apr 30, 2003
—
Northern Ri Comm Mntl INC
—
Deed Of Trust
related
$100,000 · Citizens Bank Of Ri
Feb 19, 2002
—
No Ri Comm Mntl Hlth
—
Deed Of Trust
related
$800,000 · Citizens Bank Of Ri
May 1, 2001
—
Ri Health Northern
—
Deed Of Trust
related
$350,000 · Citizens Bank Of Ri
Jun 12, 2000
—
Northern Ri Comm Ctr
—
Deed Of Trust
related
$204,600 · Citizens Bank Of Ri
Jul 30, 1997
$310,000
Ri Comm Mentl Northern
Fontaine,gloria
Grant Deed
$250,000 · Fleet National Bank
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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