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Financial
Distress signals
Property profile

570 Putnam Pike Smithfield, RI 02828

FOR SALE
Showrooms
Property ID
US76-0146086
3,920 SF 0.51 ac lot Built 1970
Last sale Jun 2023 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 756-square-foot office unit at 570 Putnam Pike, built in 1970, configured with a reception and lobby area, a conference room, two private offices, and one bathroom. The interior layout combines shared entry space, meeting space, and enclosed private work areas within a compact commercial footprint. The unit is situated along a high-traffic roadway with visibility from Putnam Pike and includes on-site parking. It was historically used as a computer repair shop and is currently laid out as an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$428k
Assessed land$122k
Assessed improvement$306k
Effective rate1.92%

Value estimate

· Oct 2026
$710k
$639k – $781k
AI approach$685k
CAP approach$710k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 592.24% cap applied$10k

Realmo valuation models over county records and 34 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$80 – $190
Qualifying comparables34

Cap rate analysis

How does the asset earn?
592.24%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
V
This district is established to provide areas for neighborhood oriented, low intensity commercial retail uses, business services, and sma...
General categoryCOMMERCIAL
JurisdictionSMITHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.4
Auto Repair Shop20.2
Wholesale Shop18.2

Location

570 Putnam Pike Smithfield, RI 02828
County assessor Recorded deeds · 1 transfer 34 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
458 Putnam, Greenville, RI 02828-3007 $65,000 Aug 2024 2,400 SF
596 Putnam, Greenville, RI 02828-1434 $4,800,000 Oct 2022 3,078 SF
509 Putnam, Greenville, RI 02828-3004 $219,900 Feb 2022 2,183 SF
421 Putnam, Greenville, RI 02828-2429 $200,000 Dec 2021 2,720 SF
688 Putnam, Greenville, RI 02828-1432 $200,000 Nov 2020 2,486 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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