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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Showrooms
6 Hl Rd, Burrillville, RI 02830-1004
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US76-0356496
Property summary
AI-generated overview
This Burrillville, RI property offers a unique investment opportunity. The main building features a fully operational auto repair shop with multiple heated and air-conditioned bays, complete with high-quality fixtures included in the sale. A convenient storefront area is attached, ideal for retail or customer service. Two large garages are on the 0.72-acre lot
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1968
Construction
STEEL FRAME
Total area
5,154 SF
Lot
0.73 ac (31,581 SF)
Zoning code
VC
APN
BURR M:142 L:016
UPID
US76-0356496
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
-
Hopkins Bros Auto Repair Shop
-
Northeast Race Cars & Speed Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
Owner & transaction history
Hopkins Shane · 13 yrs held
Hopkins Shane
since 2013
Last sale
$2.5M
3 recorded transactions
Zoning & alternative use
VC · Burrillville, 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 Burrillville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burrillville 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
$2,465,000
ML approach
$2,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±10% · vs last sale $2.50M (Apr 28 2025)
Last sale anchor
$2.50M
Apr 28 2025
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
$479 / 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
$3,658
Tax year 2024
Assessed value
$244,200
Assessed 2024
Previous assessed
$244,200
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$89,800
Assessed improvement
$154,400
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
1968
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
5,154 SF
Lot
0.73 ac (31,581 SF)
Zoning code
VC
APN
BURR M:142 L:016
UPID
US76-0356496
Jurisdiction
BURRILLVILLE
Zoning & alternative use
VC · Burrillville, RI
Zoning VC · permitted uses
VC · Burrillville, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burrillville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Hopkins Shane
Individual
Mailing address
6 HL RD, HARRISVILLE, RI 02830-1004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2013
—
Hopkins Shane
Hopkins,herbert & Shane
Quit Claim Deed
related
$100,205 · Shirley M Schram Lt
Apr 4, 2001
$125,000
Herbert Hopkins
Schram,shirley M
Grant Deed
$125,000 · Zenon Grzybowski
—
—
Shane A Hopkins
—
Deed Of Trust
related
$200,000 · Navigant Cu
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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