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    Property profile & analytics

    550 Pond St Woonsocket, RI 02895-1220

    • Industrial properties
    • 27,069 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    $705,000
    Location Intelligence
    Property ID
    US76-0211433
    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

    • Banner Doors Corp / Door Supplier

    Property Details for 550 Pond St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.20 lot acres
    Property size
    27,069 SF
    Zone code
    I2
    Property type
    Industrial properties
    APN
    WOON M:20D L:108 U:17
    APU
    WOONM20DL108U17

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $890,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $805,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $785,000
      Retail
      $855,000
      Mixed-Use
      $940,000
      Hospitality
      $1,000,000
      Educational
      $780,000
      Residential Income
      $840,000
      Energy
      $780,000
      Income-Based Land
      $785,000
      Food Service
      $940,000

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5122
    Latitude
    42.0132
    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
    $22,342
    $72,900
    $788,400
    $861,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7.46 Acres

      755 Main St

      INDUSTRIAL (GENERAL) • 7.46 Acres
      755 Main St, Woonsocket, RI 02895
      View Details
    • Value Estimation by Request
      36,331 SF

      584 Park E Dr

      INDUSTRIAL (GENERAL) • 36,331 SF
      584 Park E Dr, Woonsocket, RI 02895-6148
      View Details
    • Value Estimation
      $260,000
      83,910 SF

      1265 Mendon Rd

      INDUSTRIAL (GENERAL) • 83,910 SF
      1265 Mendon Rd, Woonsocket, RI 02895-3964
      View Details
    • Value Estimation
      $195,000
      0.68 Acres

      Pond St

      INDUSTRIAL (GENERAL) • 0.68 Acres
      Pond St, Woonsocket, RI 02895
      View Details
    • Value Estimation
      $1,175,000
      10,800 SF

      707 Park E Dr

      INDUSTRIAL (GENERAL) • 10,800 SF
      707 Park E Dr, Woonsocket, RI 02895-6158
      View Details
    • Value Estimation
      $6,540,000
      46,320 SF

      841 Park E Dr

      INDUSTRIAL (GENERAL) • 46,320 SF
      841 Park E Dr, Woonsocket, RI 02895-6112
      View Details

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    • $0.17 SF/Yr
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    • Contact for pricing
      1 SF

      Woonsocket Commercial Land for Lease

      2.13 Acres, Single Tenant Potential
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      View Details
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    550 Pond St
    Woonsocket, RI 02895-1220
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    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
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