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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Showrooms
567 Main Rd Tiverton, RI 02878-1325
Entity Owned
3-yr Hold
Free & Clear
Property ID
US76-0320875
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,239 SF
Lot
1.39 ac (60,548 SF)
Zoning code
GC
APN
TIVE M:116 B:361
UPID
US76-0320875
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
-
Western Union Bank Credit Union
-
Dollar General Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.58M
Owner & transaction history
Salvi Enteprises INC · 3 yrs held
Salvi Enteprises INC
since 2023
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
GC · Tiverton, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Tiverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tiverton 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
$1,495,000
ML approach
$1,555,000
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,285,000
7%
$1,190,000
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.95M (Apr 17 2023)
Last sale anchor
$1.95M
Apr 17 2023
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
$191 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,057
Tax year 2024
Assessed value
$1,634,100
Assessed 2024
Previous assessed
$1,187,200
+37.6% YoY
Effective rate
1.11%
On assessed value
Assessed land
$417,000
Assessed improvement
$1,217,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
8,239 SF
Lot
1.39 ac (60,548 SF)
Zoning code
GC
APN
TIVE M:116 B:361
UPID
US76-0320875
Jurisdiction
TIVERTON
Zoning & alternative use
GC · Tiverton, RI
Zoning GC · permitted uses
GC · Tiverton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tiverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Salvi Enteprises INC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 979, NASHUA, NH 03061-0979
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
Salvi Enteprises INC
Santosh Salvi
Quit Claim Deed
related
—
Sep 8, 2021
$1,947,900
Santosh Salvi
Acb Reatly LLC
Quit Claim Arm's Length For Ne States
$1,470,000 · Union Bank
Feb 12, 2018
$1,450,000
Acb Realty LLC
Gabes Girls LLC
Quit Claim Arm's Length For Ne States
$1,150,000 · Bank Rhode Island
Jun 30, 2015
$1,900,000
Gabes Girls LLC
557 Main Rd Assoc LLC
Quit Claim Deed
—
Dec 29, 2014
—
557 Main Rd Assoc LLC
Lewinstein,stephen
Quit Claim Deed
related
—
Nov 30, 1990
—
James Duffy
—
Deed Of Trust
related
$25,000 · Bank Of Newport
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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