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Financial
Distress signals
Property profile

59 Foundry St Central Falls, RI 02863

OFF-MARKET
Other industrial properties
Property ID
US76-0357103
29,868 SF 1.78 ac lot Built 1880
Last sale Apr 1999 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two connected mill buildings totaling approximately 66,000 square feet. It includes on-site parking and is accompanied by on-site Phase I and Phase II environmental reports. A second parcel across the street at 56 Foundry Street is included as part of the property. The buildings are configured as mill structures and are sold in an as-is condition. The site is located just minutes from Interstate 95, providing regional access to Providence, Boston, and the broader Southern New England area.

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 · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$236k
Assessed land$134k
Assessed improvement$102k
Effective rate3.10%

Value estimate

· Oct 2026
$615k
$554k – $677k
Submarket $/SF estimate$1.30M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122
Qualifying comparables5

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?
R-3
R-3 multi-household dwelling district. This zone is intended for medium density residential areas comprised of structures containing sing...
General categoryRESIDENTIAL
JurisdictionCENTRAL FALLS

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 agency24.5
Skin Care Clinic12.6
Garden Center10.8

Location

59 Foundry St Central Falls, RI 02863-2317
County assessor Recorded deeds · 2 transfers 5 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
381 Roosevelt, Central Falls, RI 02863 $400,000 Aug 2022 15,477 SF
817 Dexter, Central Falls, RI 02863-1704 $3,200,000 Jun 2022 66,241 SF
1075 High, Central Falls, RI 02863-1505 $850,000 Dec 2021 31,870 SF
31 Conduit, Central Falls, RI 02863-1221 $230,000 Sep 2021 15,556 SF
413 Roosevelt, Central Falls, RI 02863 $1,100,000 Apr 2021 75,507 SF
13 Conduit, Central Falls, RI 02863-1221 $110,000 Nov 2019 18,021 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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